À̹ÌÁö È®´ë [Photo provided by Korea United Pharm Inc.]
Shares of Korea United Pharm Inc. rallied Monday after it won a deal to supply $54 million worth anti-cancer medicines to Mexico by 2024.
The Korean drug maker signed a contract with Medimex, a medical supplies procurement company designated by the Mexican government, to supply 16 types of anti-cancer drugs to seven state-led medical institutions including the Institute of Health for Welfare (INSABI) and the Mexican Institute of Social Security (IMSS). ¡®
The Kospi-trading stock ended Monday 4.7 percent higher at 53,300 won.
The company will ship a total of $54 million worth anti-cancer medicines to the country by 2024, with the first batch of $14.04 million worth drugs to be delivered this year.
À̹ÌÁö È®´ë The Mexican government visited Korea United Pharm in March as part of the Korea Trade-Investment Promotion Agency (KOTRA)¡¯s medicine export support program in an effort to relieve the country¡¯s medicine shortage.
¡°The deal proves our company¡¯s high quality drugs, stable supplying capabilities and price competitiveness,¡± said Kang Deok-young, CEO of Korea United Pharm. ¡°We will take this opportunity to expand our market in the Central and South American region.¡±
By Choi Mira
[¨Ï Pulse by Maeil Business Newspaper & mk.co.kr, All rights reserved]