Biotec Pharmacon and Affymetrix sign new agreement for the SAP enzyme

Tromsø, 25 September, 2011: Biotec Pharmacon ASA, via its subsidiary ArcticZymes AS, and Affymetrix Inc. have signed a new non-exclusive supply agreement for deliveries of ArcticZymes' top-selling enzyme Shrimp Alkaline Phosphatase (SAP).

Affymetrix has previously held an exclusive right to distribute SAP, whereas the new agreement enables ArcticZymes to offer SAP for sale also to other customers. At the same time the new agreement provides Affymetrix with a secure long term supply of SAP at competitive prices and non-exclusive rights to market, distribute and sell the product or combinations with other products for life science and diagnostic applications. The new agreement is effective from 23rd September, 2011 and initially runs through December 2017.

Sales of the SAP-enzyme are accounting for a majority of sales in ArcticZymes.

-Although we have broadened our enzyme portfolio with several new launches over the past few years, SAP remains our top-selling product. We are currently building our organization and increasing our sales and marketing capabilities, and it has been very important for us to gain control over the commercial development of our SAP enzyme, says Managing Director Jan Buch Andersen in ArcticZymes.

-The new agreement opens the possibility to address potentially large new market opportunities, at the same time allowing Affymetrix a secure long term supply of SAP on competitive terms. Hopefully, this will increase our sales and also make our revenue and earnings less volatile, says Buch Andersen.

Related news

Latest news

UiB and CMR in high-tech collaboration

Students from UiB last month joined an experiment with an ultra-high-speed camera. This was a part of the troubleshooting of the Field Kelvin Probe currently under development.

Hatteland Display at International Workboat Show 2016

Hatteland Display are highlighting its diverse portfolio of maritime displays and panel computers on its booth (#1658) at the International Workboat Show 2016 (IWBS 2016) this week.

Servogear Announces Upcoming Events

Servogear announces a busy end of November, beginning of December. They will be participating at important international exhibitions.

Teamtec and ANDRITZ Cooperation

ANDRITZ and TeamTec have signed a cooperation agreement for worldwide marketing of the SeaSOx exhaust gas cleaning system for the maritime industry. 

Export Credit Norway looking for Norway's Best Exporter

Export Credit Norway  has now opened the nomination process for the 2017 Export Award, searching the Norwegian exporter of the year. 

Global Economic Outlook

7 December, Oslo Chamber of Commerce invites to a session with insightful updates on the Norwegian and international economy.

Rebuilding for Hydrogen

M/Y “Che Guevara”, previously owned by Gaddafi, will be converted to run on hydrogen. Greenstat will lead the project and are seeking partners.

Scana training at Servogear

In week 43-45 Servogear  had the pleasure of having Mr. Sun Xiaojia and Mr. Tzuu Kin Tan from Scana staying in the Servogear hometown of Rubbestadneset.

Quality and Customer Satisfaction

Cost efficiency is important. But we can’t rely on cost-cutting alone. At Beerenberg we have asked ourselves the following question: What does it take for the market to continue to choose providers such as Beerenberg in th...