NNIT Secures Major US Contract Worth DKK 130 Million
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NNIT Secures Major US Contract
NNIT entered into a significant agreement with a large pharmaceutical customer to deliver strategic consulting services in Quality & Computer System Validation support. The project will commence in the third quarter and is valued at approximately DKK 130 million, with a duration of three years and the potential for extension.
Statements from Management
Greg Cathcart, Senior Vice President of the US region, expressed satisfaction with winning the largest contract in the US. He noted, “This is a true testament to the great partnership we have developed over the past years with this large pharma customer. It also supports our strategic direction, demonstrating that we are on the right track.”
Financial Impact
The new contract will not impact NNIT's financial guidance for the current year.
About NNIT
NNIT is a leading provider of IT solutions catering to the life sciences sector globally and serving both public and private sectors. The company focuses on high-complexity industries where regulatory demands are significant.
Company Mission
NNIT aims to develop sustainable digital solutions, enhancing services for patients, citizens, and clients. The company prioritizes business needs in its technology deployment, ensuring their solutions are aligned with industry requirements.
Company Structure
NNIT comprises the parent company NNIT A/S and subsidiaries including SCALES, Excellis Health Solutions, and SL Controls, collectively employing over 1,700 professionals across Europe, Asia, and the USA.
Frequently Asked Questions
What is the value of the contract NNIT signed?
The contract is valued at approximately DKK 130 million.
How long will the contract last?
The contract is set for three years, with the possibility of extension.
What sector does NNIT primarily serve?
NNIT primarily serves the life sciences sector, along with public and private sectors.
Does this contract affect NNIT's financial guidance?
No, this new contract has no implications for NNIT’s financial guidance for the full year.
How many employees does NNIT have?
NNIT employs over 1,700 people across Europe, Asia, and the USA.
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