Societal CDMO Announced New Project Expansion Agreements With Several Existing Customers
Portfolio Pulse from Benzinga Newsdesk
Societal CDMO, Inc. (SCTL) has announced new project expansion agreements with several existing customers. The six new scopes of work across four different current customers highlight Societal's ability to drive revenue growth through the ongoing strengthening and maturation of existing relationships.
September 07, 2023 | 11:03 am
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POSITIVE IMPACT
Societal CDMO's new project expansion agreements with existing customers are expected to drive revenue growth, which could positively impact the company's stock price.
The announcement of new project expansion agreements indicates that Societal CDMO is strengthening its existing relationships and expanding its business, which could lead to increased revenues. This is likely to be viewed positively by investors and could lead to an increase in the company's stock price.
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