01.01.03
Fytokem Products, Saskatoon, Saskatchewan, Canada, has entered into an agreement with Atrium Biotechnologies, Quebec City, Canada, to market on an exclusive worldwide basis two of Fytokem’s leading product lines for the nutraceutical and personal care markets. The long term cooperation and licensing agreement with Atrium provides Fytokem with a significant upfront payment and firm minimum purchase commitments for purchase and pricing through 2004. Fytokem and Germany-based Dragoco Gerberding have agreed to dissolve their existing marketing contract.