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A Lithuanian company working in pharmaceuticals and food supplements production area is offering its manufacturing services and looking for distributors

Summary

Profile Type
  • Business Offer
POD Reference
BOLT20240122018
Term of Validity
22 January 2024 - 21 January 2026
Company's Country
  • Lithuania
Type of partnership
  • Commercial agreement
Targeted Countries
  • All countries
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General information

Short Summary
Being an expert in the pharmaceutical field, the Lithuanian company manufactures and offers a broad range of market-proven products (pharmaceuticals, food supplements.) to be provided or produced by an individual request. The company is looking for partners to work under a distribution services agreement or manufacturing services agreement.
Full Description
The Lithuanian company is an expert in the pharmaceutical field and successfully operates in the market since 1999 year. The company, led by ambition and perfectionism, holds a leading position in the home market. The company manufactures and offers a range of 60 market-proven products in 25 product categories for distribution. The company develops and produces pharmaceuticals and food supplements.
The company offers a wide portfolio of:
- Products:
• Production of pharmaceuticals.
• Production of food supplements.
- Services:
• Contract manufacturing (capsulation, tableting, blistering, filling of bottles with capsules/tablets, filling of liquid medicine forms into the bottles, packing of blisters into the secondary (external) package, leafleting, labeling).
• GMP (Good Manufacturing Practice) certified laboratory services (chemical and microbiological).
• Out-licensing (dossiers for marketing authorization)
• Marketing services.
The company seeks to expand abroad more; therefore, it is looking for distributors for its products to work under a distribution services agreement. The manufacturer can also act as product development and contract manufacturing partner in a pharmaceutical or retail market, therefore it could be offered a manufacturing services agreement as well.
Advantages and Innovations
- More than 25 years of experience in the pharmaceutical field.
- A wide range of products (pharmaceuticals, food supplements etc.) and contract manufacturing-related services (production of hard capsules, tablets, packaging services into blisters or bottles, liquid dispensing to vials, packaging design, development of a requested product composition). The company can also provide the Common Technical Document (CTD) dossier out-licensing.
- The company has its own Research and Development department, where qualified professionals together with European scientists develop new product compositions or improve current production. On average, the company develops up to 70 new products per year.
- Avoiding safety risks and meeting legal requirements, the company works by an integrated international process control system – Hazard Analysis Critical Control Point (HACCP) requirements.
- Advanced technologies and modern product manufacturing equipment allows ensuring high quality and safety regulations.
-The company’s production processes are based on renewable energy sources and are evaluated with the Good Manufacturing Practice (GMP) certificate.
- The company sells its products in more than 70 countries in the world.
- The company has already been recognized and rewarded by pharmacy experts in Lithuania and partners abroad as well.
- The company has received a confirmed status of ‘Smart Specialization Company” from MITA – National Agency of Science, Innovation & Technology.
- Achievements:
- 6 times exporter of the year.
- 15 gold medals for different products in the “Product of the year” nomination.
- 6 products won prizes for innovations.
- 1 Baltic innovation prize for technologies.
Stage of Development
  • Already on the market
Sustainable Development Goals
  • Not relevant

Partner Sought

Expected Role of a Partner
The manufacturer is looking for partners (preferably in Denmark, Finland, Norway, Sweden, but not limited). The company is interested in building contacts with companies that:
• is looking for products with already made product composition;
• wants to realize their own ideas;
• wants to create ideas and realize it together;
• has a need for contract manufacturing services.
Potential partners could be food supplement and pharmaceutical products distributors in pharmacies or retail markets, or other companies which have a demand to have the above-mentioned products in their assortment. It is offered to them to work under the distribution services agreement.
All the products could be produced by the individual request, therefore manufacturing services agreement could be offered as well.
It is preferable that a potential partner will have experience and knowledge in pharmaceutical products.
Type and Size of Partner
  • SME 50 - 249
  • SME 11-49
  • Big company
  • SME <=10
Type of partnership
  • Commercial agreement

Dissemination

Market keywords
  • 05007002 - Pharmaceuticals/fine chemicals
  • 007003004 - Food supplements/vitamins
  • 07004002 - Health and beauty aids
  • 07003002 - Health food
Sector Groups Involved
  • Agri-Food
Targeted countries
  • All countries

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