NanoVibronix Extends Distribution Agreement With Its Largest Distributor For PainShield And PainShield Plus; UPPI Will Continue To Be Exclusive Distributor Of PainShield; Provides Immediate Re-Stocking Order And Minimum Repurchase Guarantees
Portfolio Pulse from Benzinga Newsdesk
NanoVibronix has extended its distribution agreement with UPPI, its largest distributor for PainShield and PainShield Plus. The agreement includes immediate re-stocking orders and minimum repurchase guarantees.
August 23, 2023 | 12:48 pm
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NanoVibronix's extension of its distribution agreement with UPPI for PainShield products could potentially boost its sales and revenue.
The extension of the distribution agreement with UPPI, NanoVibronix's largest distributor, provides a positive outlook for the company. The immediate re-stocking orders and minimum repurchase guarantees could potentially increase the company's sales and revenue in the short term.
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