Workflow
iodine and gadolinium contrast media for radiology
icon
Search documents
Voyageur Pharmaceuticals Signs Non-Exclusive Distribution & Wholesale Agreement with PHALANX
Thenewswireยท 2025-10-29 20:10
Core Viewpoint - Voyageur Pharmaceuticals Ltd. has signed a Non-Exclusive Distribution Agreement with Phalanx to expand its market presence in Mexico's healthcare sector, particularly in barium-based contrast media products [1][2][4]. Company Overview - Voyageur Pharmaceuticals is a Canadian public company focused on developing cost-effective imaging contrast media products, specifically barium and iodine Active Pharmaceutical Ingredients (API) [8]. - The company aims to become a key player in the contrast media market by vertically integrating its production processes, ensuring quality and cost efficiency [11]. Partnership Details - The agreement with Phalanx represents a strategic partnership aimed at driving market expansion into Mexico, with Phalanx responsible for registering and distributing Voyageur's products [2][4]. - Phalanx is a leading pharmaceutical distributor in Mexico with over 20 years of experience in the health sector, providing market entry strategies and ensuring regulatory compliance [3][5]. Market Strategy - This partnership is a significant milestone in Voyageur's international growth strategy, targeting underserved markets with increasing demand for high-quality contrast media [4]. - The sales of Voyageur's products in Mexico will depend on local regulatory approval processes, with Phalanx leading the necessary filings [4]. Operational Focus - Voyageur's Frances Creek Project is central to its business plan, aiming to produce high-quality barium sulfate contrast media that can replace less effective synthetic products currently dominating the market [10]. - The company is committed to responsible sourcing and manufacturing practices, encapsulated in its motto "From the Earth to the Bottle" [11].