APR Applied Pharma Research S.A. and Amicus S.A. Announce the Signature of a License Agreement for the Distribution and Marketing of the HALYKOO Line in the Balkan Region

APR Applied Pharma Research S.A. (“APR”), the Swiss, independent developer of science driven, patent protected healthcare products, and Amicus S.A. (“Amicus”), a leading distributor of pharmaceutical and OTC products, today announce the signature of a partnership agreement for the promotion, distribution and marketing of the HalyKoo baby healthcare product line in the former Yugoslavia / West Balkan region.

This agreement will allow Amicus to strengthen its position in the pharmacy channel through the offer of a new, innovative brand called Halykoo, which sets a very new pace in the pediatric healthcare market by providing problem solution products in smart and tailored delivery formats for happier kids and more confident caregivers.

“We are very proud to have the chance to launch such a valuable brand family in the former Yugoslavia / West Balkan region,” said Amicus COO Predrag Lukic. “We are confident that thanks to Halykoo’s unique selling proposition we can, and will, gain a strong position in the pediatric healthcare market.

“The Balkan consumer (and especially the pediatric healthcare market) has been steadily growing in the last years in the Balkans,” commented Lukic. “Indeed, the private market comprises over 50% of healthcare spending in the region, and the self-care sector of the market exceeds 20% of the pharma market, or more than 600 million Euros. We expect the self-care market to grow faster than the overall pharmaceutical market – certainly at rates exceeding 5% per annum between now and 2020 due to the increasing relevance of self-care to our countries’ consumers.

Amicus Director of Consumer Medicines in Serbia, Svetlana Petrovic, asserted that Amicus aimed “to make Halykoo a leading, quality brand in the pharmacy channel. We think that our ambitions for Halykoo are reasonable,” Petrovic continued, “given that Halykoo offers effective, high quality and tailored solutions in the four biggest OTC therapeutical areas by turnover and volumes - skin, cough & cold, ears/nose/throat, vitamins and nutraceuticals - together with a distinctive brand, a unique communication strategy and socially-acceptable pricing.”

Over the last 20 years, APR has developed high-quality products certified according to the strictest international regulations. “We design and develop science-driven, value-added products we market with leading pharmaceutical companies.” – said Paolo Galfetti, CEO and co-founder of APR. “We are very pleased about the partnership with Amicus, since it proves Halykoo’s level of quality and innovation, a brand that will be soon available in many countries all over the world”.

About Halykoo
Halykoo is a new global brand in the pediatric self-care market, conceived and developed by APR starting from an unmet demand driven insight, which aims to transform the moments of child healthcaring in a time of relation (between mother and kid) peaceful, simple and safe in order to get parents’ confidence and smiling babies.

Halykoo is the first and only OTC pediatric healthcare brand that matches formulations specifically focused on each of the unique ages and stages of children’s growth, since birth, with smart and innovative formulations and delivery systems intended to simplify their use for parents and reduce the hassle for babies.

Halykoo products are the perfect combination of responsible, Swiss, high-quality research combined with an extensive understanding of child and caregivers needs: as a result, each Halykoo product provides the right formula – from accurate selection of the ingredients, to careful dosing of the active principles and full compliance with the strictest safety standards - and the right delivery system for the right age.
For more info about Halykoo, please visit: www.halykoo.com

About Amicus S.A.
Amicus subsidiaries operate in the Balkan countries of Serbia, Bosnia, Kosovo, Macedonia, Montenegro, as well as Croatia and Slovenia. Set up in 2014, Amicus has gathered a brain trust of outstanding pharmaceutical talent, including long experience in the OTC / consumer healthcare. The company specializes in representing research-based pharmaceutical and brand self-care brands across the Balkans and Baltics.
For more info about Amicus, please visit: www.amicuspharma.eu

About APR Applied Pharma Research s.a.
APR is a Swiss, independent developer of science-driven, patent-protected healthcare products. The Company identifies, develops and licenses science- driven, value-added products designed to address patient or consumer needs in selected therapeutic areas on a global basis. Specifically, APR is currently focused on 2 (two) major areas: (i) internally developed and financed (alone or with our co-development partners) proprietary, value-added products to be licensed to healthcare companies for their commercialization, and (ii) support to third-party projects, by offering added value R&D services under contract and fee for service arrangements. APR has a balanced pipeline of revenue generating branded products commercialized in all major markets, combined with a compelling pipeline of products at different development stages. APR has entered into licensing and partnership agreements with pharmaceutical companies in over 70 countries with international sales on a worldwide basis.
For more info about APR, please visit: www.apr.ch.

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Contact information

Predrag Lukic, Chief Operating Officer, Amicus
Predrag.lukic@amicuspharma.eu, Tel: +3816 335 5515
or
Paolo Galfetti, Chief Executive Officer, APR
paolo.galfetti@apr.ch, Tel: +41 91 6957020