Read this3 Jul 2025 13:08
Celadon Pharmaceuticals Plc (UK Medical Cannabis)
May 24, 2023 & September 5, 2023 – Two UK supply contracts
Celadon agreed two commercial contracts to supply pharmaceutical-grade cannabis from its UK facility:
The first: minimum £3.0 million in revenue.
The second: up to £1.2 million
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November 16, 2023 – European medicinal cannabis contract
A third deal with a leading European company, valued up to £26 million over three years, with initial deliveries expected in H2 2024
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October 2, 2024 – Five‑year supply deal with Valeos Pharma A/S
A strategic agreement worth up to £10.5 million over five years, supplying a European customer via Valeos’ Danish facility
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These contracts combined give Celadon Pharmaceuticals a potential order book of around £40.7 million, including the earlier agreements totaling £4.2 million and the £26 million dea