PHARMARIS PERÚ S.A.C

Pharmaris, a company specializing in the distribution of pharmaceutical products and medical equipment, entered into a contract with the State Health Supply Center in 2022, whereby pharmaceutical products were acquired for a total amount of USD 3 million. Our client sought our counsel regarding an improper charge of penalties imposed by the State, allegedly due to the late delivery of pharmaceutical products. This case is significant as it pertains to a relatively underdeveloped area in Peruvian Law, namely pharmaceutical law. Furthermore, the importance and value of the contract underscore the significance of the pharmaceutical products intended for administration to the Peruvian population. To date, arbitration proceedings have stated, and we are in the process of constituting the arbitration tribunal.

Matter value – include currency and amount in figures :

US$ 3’000,000.00

Is this a cross-border matter? If yes, please indicate the jurisdictions involved :

No

Lead partner :

Manuel Villa Garcia

Other team members :

Piero Curi

Other firms advising on the matter and their role(s) :

In-house attorneys from the defendants.

Date of completion or current status :

Ongoing