Berlin, 17 August 2017 – Cranach Pharma GmbH, a strategic partner of Medios AG and a pharmaceutical wholesaler from Hamburg, has purchased 500,000 shares in Medios AG. That corresponds to around four percent of the share capital of Medios AG, which has a total of 12,421,836 shares. The shares were purchased at the current price of EUR 9.75 each and originate from the holdings of Manfred Schneider, the founder and CEO of Medios AG.
Manfred Schneider, CEO of Medios AG: “The purchase of the Medios shares by Cranach Pharma strengthens our successful strategic partnership and lays the foundation for further synergies in the Specialty Pharma business. Cranach Pharma supplies pharmaceuticals to speciality pharmacies throughout Germany. Together with Cranach Pharma, we have a relevant share in the fields of neurology, rheumatism, multiple sclerosis, HIV, oncology and ophthalmology.”
In the future, an intensive knowledge transfer is intended to accelerate the development of certain business areas. While in this respect Medios brings know-how in the field of oncology and HIV in particular, Cranach Pharma will contribute its expertise mainly in the fields of neurology, immunology, haemophilia and endocrinology.
About Medios AG
Medios is one of the leading competency partners and solutions providers for specialty pharmaceuticals in Germany. These are medicines for patients with rare or chronic diseases such as cancer, HIV and hepatitis, whose personalized therapy is often tedious and cost-intensive due to their individual requirements.
With our subsidiaries Medios Pharma, Medios Manufaktur and Medios Digital we connect individual market players to form cooperating partners. Our goal is to provide partners and customers with integrated solutions along the value chain, ensuring optimal patient care.
Medios AG is Germany’s first listed Specialty Pharma company. The share (WKN: A1MMCC, ISIN: DE000A1MMCC8) is listed in the Regulated Market of the Frankfurt Stock Exchange (General Standard).
Kirchhoff Consult AG
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This notification contains forward-looking statements that are subject to certain risks and uncertainties. Future results may significantly deviate from currently expected results, specifically due to various risk factors and uncertainties such as changes in business, economic, and competitive circumstances, exchange rate fluctuations, uncertainties about legal disputes or investigations, and the availability of financial resources. Medios AG assumes no responsibility whatsoever for updating the forward-looking statements contained in this notification.