Agreement for Processing (OEM) - Shenyang Tianwei Werke Pharmaceutical Co. Ltd. and Qiqihaer No. 2 Pharmaceutical Factory
AGREEMENT FOR PROCESSING (OEM)
(English Translation)
PARTY A: SHENYANG TIANWEI WERKE PHARMACEUTICAL CO., LTD.
PARTY B: QIQIHAER NO. 2 PHARMACEUTICAL FACTORY
Whereas Party A needs to build a new factory in light of GMP Standard because of
the City government's policy regarding the Tiexi District Reconstruction and the
establishment of joint venture with American party. Under the principle of
mutual benefit, Party A and Party B through friendly consultation agree that
Party A will entrust Party B to manufacture the pharmaceutical products whose
license are owned by Party A. Both parties hereby enter into the following
agreements:
I. Party A shall provide the raw & supplementary materials, and package.
II. Party A shall notify Party B the specific products for manufacture
based on its own sale plan each month.
III. Party B shall provide Party A with certified products in both quality
and quantity in time according to Party A's requirement.
IV. Party B shall not sell or market the products appointed to process by
Party A.
V. The detailed prices are listed as below:
1. Cephalothin: one bottle contains 15 granules. The price per bottle is
RMB0.30, and the price may rise by RMB0.10 seasonally.
2. Weifukang Cream: the price per tube is RMB1.65, and the price may rise
by RMB0.10 seasonally.
3. Asarone: one box contains 18 tablets. The price per box is RMB1.20, and
the price may rise by RMB0.10--RMB0.60 seasonally.
4. Norfloxacin: the price per bottle is RMB0.95.
5. Rifampicin: one bottle contains 100 granules. The price per bottle is
not more than RMB1.80.
6. Other specific products: the price may be
discussed seasonally.
VI. If any change occurs to any party, the other party shall be notified within
one month.
VII. Payment: the payment shall be made upon delivery.
VIII. All other matters shall be negotiated by both parties.
IX. The valid term of this Agreement is two years effective from the date of
signature by both parties.
PARTY A: SHENYANG TIANWEI WERKE PHARMACEUTICAL CO., LTD.
Sept. 19, 2002
PARTY B: QIQIHAER NO. 2 PHARMACEUTICAL FACTORY
Sept. 19, 2002
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