Navamedic expands female care product group

Navamedic ASA (OSE: NAVA), the Norwegian pharmaceutical products company, today announced a cooperation with Ellen, a Swedish biotech company. Ellen's female care products will be included in Navamedic's product portfolio in Scandinavia.

Female care is one of Navamedic's key product areas, representing sales of NOK 12 million in 2013. Ellen's product line will be a significant addition to Navamedic's offering in this product group.

Ellen's products will be phased into Navamedic's product portfolio over a five months period. 

Navamedic ASA is a Norwegian pharmaceutical products company, marketing an distributing more than 100 products in the Nordic and Benelux markets. The Company operates three business areas; Pharma Products, Medical Nutrition and Consumer Care based on its relationship with a number of pharmaceutical product manufacturers.

For further information, please contact:

Interim CEO Håkan Josephsson, telephone +46 706 742 533 or CFO Bjørn Lindholt, telephone +47 93006601 E-mail: bjorn.lindholt@navamedic.com