Yuhan (KRX:000100) won a supply contract for active pharmaceutical ingredient (API) from a global pharmaceutical company, the South Korean pharmaceutical and chemical company said in a Tuesday filing with the Korea Exchange.
The supply contract, valued at 131.07 billion won, represents 6% of Yuhan's latest annual sales. The supply contract is valid until May 31, 2028.
Shares of Yuhan fell over 1% at market close.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.