Browse: Home / Ascension Healthcare plc Announces Distribution Agreement with Apex

Menu

Skip to content
  • Home
  • About Us
  • Contact Us
  • Submit News
Header image

Cambodian TribuneLogo

Latest Cambodian News

Menu

Skip to content
  • Misc
  • Affairs
  • Information
  • Fashion
  • Self Care
  • Athletic
  • Domestic Affairs
  • Legal
  • PRESS RELEASES
  • A Glimmer of Hope for Online News in Cambodia
  • Philippines Bamboo Entrepreneur Digs In on Poverty and Climate Threats
  • Sierra Leone Explores Rice Import Possibility from Cambodia
  • Government's Report on Associations and NGOs to Reach EU Soon
  • Cambodia and KfW Sign Three Cooperation Financing Agreements

Ascension Healthcare plc Announces Distribution Agreement with Apex

Posted by admin on December 3, 2019 in PRESS RELEASES | 2 Views

Ascension Healthcare plc

Announces Distribution Agreement with Apex

~ Apex to distribute Flexiseq in Singapore and Malaysia ~

LONDON, December 3, 2019 – Ascension Healthcare plc (“Ascension” or the “Company”), a clinical-stage biopharmaceutical company focused on developing and commercialising innovative therapies for haemophilia and osteoarthritis, today announces it has signed an important distribution agreement with Apex Pharma Marketing Pte Ltd, Singapore and Apex Pharmacy Marketing Sdn Bhd, Malaysia (collectively referred to as “Apex”) to supply Flexiseq to the Singapore and Malaysian markets. Apex are wholly owned subsidiaries of Apex Healthcare Berhad, which is publicly listed on the Malaysian stock exchange.

Under the terms of the agreement, Apex will purchase Flexiseq products from Ascension and be the exclusive importers and distributors over a two-year period, to service the pharmacy market, including A.S. Watsons, Guardian and Caring Pharmacy chains in the region. Discussions are also underway to explore expanding the partnership across South East Asia including Myanmar, Vietnam and Cambodia.

Biresh Roy, Chief Executive Officer of Ascension, said: “There is a growing need for safe alternatives to treat osteoarthritis. Not only is our product safe, it is drug-free and results from our recent Flexiseq user experience study showed users had a significant improvement in joint health, mobility, and a reduction in their need for painkillers. We are excited to have signed this agreement with Apex, a leading healthcare group in Singapore and Malaysia, enabling us to expand into the Asian market, and improve the quality of life for even more people suffering from this debilitating condition.”

Mark Turrell, Group Sales and Marketing Director of Ascension, said: “Expanding Flexiseq around the world and widening availability to more osteoarthritis patients is a key driver for our business. We are delighted to be working with Apex in order to deliver our unique Sequessome Technology (SeqTeq) to osteoarthritis sufferers in South East Asia.”

Tan Hing Tai, Executive Director of Apex, said: Apex is pleased to be a strategic partner to Ascension in helping to improve the quality of life for osteoarthritis sufferers and those wishing to maintain joint health in South East Asia by bringing Flexiseq to the region and we look forward to a close collaboration in the coming years.”

Additionally, following its launch in June, Flexiseq 30g handy pack is now on sale in Lloyds Pharmacy, Superdrug and Well Pharmacy throughout the UK. Flexiseq 30g is designed with the smaller joints in mind such as fingers, thumbs and toes and comes in a convenient travel size pack.

For further information please contact:

Ascension Healthcare plc

 

Tel: +44 (0)20 7291 5400
Biresh Roy, Chief Executive Officer

 

info@ascension.co.uk
Consilium Strategic Communications (European Media and Investor Enquiries)
Lindsey Neville, Priscila Radu

 

 

Tel: +44 (0)20 3709 5700
ascension@consilium-comms.com

 

 

About Ascension Healthcare plc

Ascension Healthcare plc is a clinical-stage biopharmaceutical company focused on developing and commercialising innovative therapies for the treatment of haemophilia and osteoarthritis.

The Company has three products in clinical or pre-clinical development for the treatment of Haemophilia A and also a range of internationally marketed products for osteoarthritis sufferers.

For more information please visit: www.ascension.co.uk/

About Flexiseq

Flexiseq is a topical gel designed to support joint health and mobility. Unlike many topical gels for joint pain, Flexiseq is drug-free so can be used long-term by patients who are sensitive to, or cannot take, traditional pain medications.

Find out more by visiting: https://flexiseq.com/pages/about

About Apex Healthcare Berhad

Apex Healthcare Berhad is a leading healthcare group with operations in Malaysia, Singapore, Vietnam and Myanmar. Founded in 1962, its core expertise is in the development, manufacturing, sales and marketing, distribution and wholesaling of pharmaceuticals, consumer healthcare products and diagnostics. Apex Healthcare Berhad is publicly listed on the Main Market of Bursa Malaysia (stock exchange of Malaysia).  Total turnover in 2018 was RM 653m (£126m) and Profit before tax of RM 69.3m (£13.4m). In July, Apex was recognised as the 11th fastest growing public listed company in Malaysia in terms of revenue and net profits. Apex employs 1,357 people and has direct operations in Malaysia, Singapore, Vietnam and Myanmar. In 2017, the pharmaceutical manufacturing division of Apex Healthcare Berhad, Xepa-Soul Pattinson (M) Sdn Bhd, was awarded a certificate of GMP compliance of a manufacturer (EU GMP Certificate) by the national competent authority in Hungary.

For more information please visit: http://www.apexhealthcare.com.my

Posted in PRESS RELEASES | Tagged ASEAN

Related Posts

Missing imagePureCircle Announces Two Major Developments→

Missing imageHawk Security Limited ได้เริ่มจำหน่ายไดร์ฟ SSD ภายนอกเพื่อปกป้องฮาร์ดแวร์ด้วยการเข้ารหัสระดับสูง AES 256 XTS→

Missing imageConstellation Brands Names Garth Hankinson Executive Vice President and Chief Financial Officer→

Missing imagePureCircle Announces Two Major Developments→

Search

Pages

  • Home
  • About Us
  • Contact Us
  • Submit News

Categories

Calendar

December 2019
M T W T F S S
« Nov    
 1
2345678
9101112131415
16171819202122
23242526272829
3031  

Advertisement

Latest News

  • Missing image

    A Glimmer of Hope for Online News in Cambodia

    December 8, 2019 / admin
  • Missing image

    Philippines Bamboo Entrepreneur Digs In on Poverty and Climate Threats

    December 8, 2019 / admin
  • Missing image

    Sierra Leone Explores Rice Import Possibility from Cambodia

    December 7, 2019 / admin
  • Missing image

    Government’s Report on Associations and NGOs to Reach EU Soon

    December 7, 2019 / admin
  • Missing image

    Cambodia and KfW Sign Three Cooperation Financing Agreements

    December 6, 2019 / admin
  • Missing image

    Tourism Minister: Reduction of Plastic Waste, a Focus of 8th Sea Festival

    December 6, 2019 / admin
  • Missing image

    Draft of Intermodal Transport Master Plan 2021-2030 to Finish by 2020

    December 6, 2019 / admin
  • Missing image

    Japan Provides US$22 Million to Expand Clean Water Access in Pursat

    December 6, 2019 / admin
  • Missing image

    UN to Host Human Rights Day Celebration in Cambodia This Weekend

    December 5, 2019 / admin
  • Missing image

    Cambodia, the U.S., Optimistic about Bilateral Relations in Labour Sector

    December 5, 2019 / admin
  • Facebook
  • Pinterest
  • Tumblr
  • Twitter

Pages

  • About Us
  • Contact Us
  • Submit News

Categories

 

Recent Posts

  • A Glimmer of Hope for Online News in Cambodia December 8, 2019
  • Philippines Bamboo Entrepreneur Digs In on Poverty and Climate Threats December 8, 2019
  • Sierra Leone Explores Rice Import Possibility from Cambodia December 7, 2019
 

Search

Archives

 

About Us

Cambodia Tribune is a website which acts as an information bank in which news and press releases from various sources are updated on a regular basis. The information is associated with Cambodia and features national news, business news, technological news and other news coverage.
 

©2019 Cambodian Tribune

Menu

  • Home
  • About Us
  • Contact Us
  • Submit News