APIs are the active ingredients in pharmaceuticals. The pharmaceutical industry serves as a significant global market for our parent company, Setolas Holdings. With the GDP license, we can elevate the distribution of these essential ingredients in Europe to new heights. The GDP license ensures that our processes adhere to the highest standards of quality, safety, and integrity from producer to user. To achieve this goal, we have formed a partnership with the logistics firm Oldenburger|Fritom, based in Veendam. Together, we will coordinate the distribution of API products to ensure the integrity of the logistics operation.
Kyowa Chemical Industry Co Ltd. produces pharmaceutical products in Japan, including APIs. As the API distributor for Europe, we will store essential ingredients in our warehouse in the Netherlands and distribute them from here. Given that Kisuma Chemicals BV and Kyowa Chemical Industry Co Ltd. belong to the same group, collaboration is optimal. We can now provide our customers in Europe with greater delivery reliability and respond quickly to market developments.