Naveh Pharma Ltd. CEO Nitsan Primor announced yesterday that the company last year exported more than 500,000 CleanEars, a preparation for ear wax removal, worth a total of NIS 5 million. The company’s turnover reached NIS 12 million in 2008.
Naveh Pharma is a private company that develops and manufactures medical non-prescription preparations and healthcare products. The company exports to 20 countries, including Australia, New Zealand, Singapore, the Philippines, Taiwan, China, Malaysia, and Iceland.
Primor, a pharmacologist, developed CleanEars. He said, “I expect to sign agreements in major European countries by year-end. We’re now in advanced talks with large companies, in Germany, France, Italy, the UK, Poland, and Ukraine.”
Published by Globes [online], Israel business news - www.globes-online.com - on July 2, 2009
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