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    Breaking News

    Nektium and Phytonet Enter New Strategic Partnership

    The collaboration aims to expand international sales of Nektium’s botanical extract portfolio.

    Nektium and Phytonet Enter New Strategic Partnership
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    07.26.18
    Nektium unveiled a new strategic commercial partnership with Phytonet, an independent distribution and consultancy company that operates internationally in the pharmaceutical, dietary supplement, and food markets. This new partnership is a step towards achieving Nektium’s strategic objective to expand the sales of its botanical extract portfolio to a wider geographical area internationally.
     
    The companies will initially collaborate in Turkey, several Balkan countries, and the region of South East Asia. A selection of Nektium’s products—including Rhodiolife, P40p, and Zynamite—will be distributed by Phytonet going forward. “Branded ingredients are of special interest for our customers and Zynamite in particular is a unique ingredient that has great potential in several indications,” said Cem Aydogan, founder and CEO of Phytonet. 
     
    Headquartered in Switzerland and operating in the industry for almost a decade, Phytonet sources innovative ingredients through certified suppliers to offer its customers high quality products on a global scale.
     
    Nektium´s core business is the development of innovative botanical extracts, driven by a strong R&D team. For the commercialization of its products, the company mainly relies on strategic alliances for the distribution of its products. “Phytonet has a reputable network in many geographic areas of the world that Nektium has not accessed yet and it was evident that their sales approach to these markets is unique and in line with our own goals, which is why we strongly believe in this partnership,” commented Annette Badenhorst, sales & marketing director of Nektium. 
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