Rua partners with AlphaFarma for supply to Germany
4
th
April 2024
FOR PUBLIC RELEASE
Rua Bioscience partners with AlphaFarma for supply to Germany
Tairawhiti, New Zealand – New Zealand medicinal cannabis company Rua Bioscience is
continuing to grow its presence in Germany and has signed a commercial supply agreement
with Malta-based AlphaFarma.
AlphaFarma will supply Rua with dried flower medicinal cannabis products for the German
market, expanding the Rua range available through its distribution partner Nimbus Health.
“Germany is one of the largest and most developed medicinal cannabis market in Europe,”
said Rua CEO Paul Naske.
“In April 2023 Rua successfully launched our first GMP-quality medicines into this market,
marking a critical commercial milestone for the company.
“Our agreement with AlphaFarma will further strengthen our supply lines, as we look to grow
our sales presence with an expanded product portfolio and supply channels. We anticipate
having these products in the market before the end of the financial year.
“Our longer-term strategy is to supply products produced using our genetics from Ruatorea
through this established sales pipeline into the key market of Germany.”
AlphaFarma was initially established as a manufacturer, agent and distributor of medical
disposables and medical equipment in Malta and North Africa, and now exports a broad
range of products worldwide. Since 2015 it has been owned by a conglomerate of
pharmacists, doctors and pharmaceutical managers, combining pharma and medical know-
how with commercial expertise.
ENDS
The person who authorised this announcement:
Paul Naske
Chief Executive Officer
paul.naske@ruabio.com
+64 21 445154
For media inquiries, please contact:
Paul Naske - paul.naske@ruabio.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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