The Korea Herald

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Daewha Pharma receives US$20m order from NovoSci in UAE

By 윤정현

Published : Oct. 12, 2016 - 15:49

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[DISCLOSURE] Daewha Pharmaceutical (067080) reported on Oct. 12 that it has inked a US$20.12 million five-year contract with NovoSci in United Arab Emirates to supply pharmaceutical products under the condition its products are granted approval for sale in 11 countries including Saudi Arabia. 

This amounts to 16.16 percent of its revenue last year.

By Yun Jeong-hyeon (clareyun@heraldcorp.com)