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Regulatory press release

Bluefish Pharmaceuticals AB: Bluefish Pharmaceuticals wins important Tender in Germany

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AOK is Germany's largest health insurance company with approximately 26 Mio members and is Germanys most important health insurance that covers about 36% of the German population. Bluefish was exclusively chosen for four products in this contract, that will start in April 2020 for a 22 months contract period including about 350.000 packs.

The sales value based on ex-factory-price (i.e. list prices before discounts) of these four tender products to the AOK patients is about 22 Mio. EUR. Tender prices are in general considerably lower than ex-factory prices.

"We are very pleased with the results of the tender, which is an important milestone in terms of increasing our market share in German generics market," said Berit Lindholm CEO of Bluefish Pharmaceuticals.

Germany's Country Manger Daniela Stoppel comments the tender award: "This is an important step and a clear signal that Bluefish is perfectly suited to meet the needs of the German generic market. We are regarded as stable partner able to reliable deliver high quality products at competitive prices."

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