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2007-05-29 14:11:29 CEST 2007-05-29 14:11:29 CEST REGULATED INFORMATION Biohit Oyj - Company AnnouncementBIOHIT AND VWR INTERNATIONAL SIGN AGREEMENT FOR DISTRIBUTION IN EUROPEBiohit Oyj and VWR International, a leading global distributor of scientific equipment, supplies, chemicals and furniture, have entered into an agreement concerning sales and marketing of liquid handling products in Europe. The new agreement further strengthens Biohit's distribution network in Europe, one of its major market areas, and the company's position in key market segments. The agreement comes into effect immediately. Under the terms of the agreement, Biohit becomes a focus supplier of pipettors and disposable pipettor tips to VWR customers throughout Europe. VWR is one of the world's largest multinational distributors of laboratory equipment to life science, industrial, governmental, health care and educational laboratories, with a strong presence in the pharmaceutical and biotechnology industries. The agreement forms part of Biohit's intention to strengthen its distribution network and its role to become a number one supplier of liquid handling products to its key customer groups, the pharmaceutical industry in particular. Pharmaceutical companies often source their products from multinational distributors or through a single local distributor, which is why Biohit is focusing on close co-operation with these distributors. Biohit continues to work with both local distributors and multinationals, as these distribution channels complement each other. Biohit and VWR have been in close co-operation for years in the USA, where Biohit is one of VWR's focus suppliers. In 2004, Biohit Inc. received a special Consumables or Chemicals Supplier Award from VWR International, Inc. Biohit Oyj Osmo Suovaniemi President & CEO About VWR International VWR International is a leader in the global research laboratory industry with worldwide sales in excess of $3 billion US dollars. VWR's business is highly diversified across products and services, geographic regions and customer segments. The company offers products from a wide range of manufacturers, to a large number of customers primarily in North America, Europe and other locations. VWR's principal customers are major pharmaceutical, biotechnology, chemical, technology, clinical, food processing and consumer product companies, universities and research institutes, governmental agencies, environmental testing organizations, and primary and secondary schools. VWR distributes a diversified product mix, including chemicals, glassware and plastic ware, equipment and instruments, furniture, protective apparel, production and safety products, and other life science and laboratory products and supplies. VWR supports its customers by providing storeroom management, product procurement, supply chain systems integration, technical services and laboratory bench top delivery. VWR maintains operations in over 20 countries and employs over 6,000 people worldwide. VWR International is headquartered in West Chester, Pennsylvania. For more information on VWR International, phone 1-800-932-5000, visit www.vwr.com, or write, VWR International, Inc., 1310 Goshen Parkway, P.O. Box 2656, West Chester, PA 19380-0906. About Biohit Biohit develops and manufactures laboratory devices and equipment as well as diagnostic tests and analysis systems for use in research institutions, health care and industrial laboratories. Liquid handling business comprises electronic and mechanical pipettors, disposable pipettor tips and after-sales services. The diagnostics business includes test kits for diagnosing diseases of the gastrointestinal area, as well as instruments and analysis systems. Biohit has a network of 450 distributors, including 7 subsidiaries, in 70 countries. For more information, visit www.biohit.com. Further information: Osmo Suovaniemi, M.D., Ph.D., Professor President & CEO Tel: +358-9-773 861 Mobile: +358-40-745 5605 Email: osmo.suovaniemi@biohit.com Distribution: Helsinki Exchanges Financial Supervisory Authority Press http://www.biohit.com |
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