Kamada Announces Kedrion Exercised its Option for Two-Year Extension of KEDRAB Distribution Agreement in the US
Portfolio Pulse from Benzinga Newsdesk
Kamada Ltd. (NASDAQ:KMDA) announced that Kedrion has exercised its option to extend the distribution agreement for KEDRAB in the U.S. through March 2026. The companies are also in discussions to potentially expand the scope of their collaboration.
July 12, 2023 | 11:08 am
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POSITIVE IMPACT
The extension of the distribution agreement with Kedrion for KEDRAB in the U.S. is positive news for Kamada Ltd. and could potentially lead to an expansion of their collaboration.
The extension of the distribution agreement ensures continued revenue from KEDRAB sales in the U.S. for Kamada Ltd. The potential expansion of the collaboration could lead to additional revenue streams, which would be positive for the company's stock.
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IMPORTANCE 75
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