PetVivo Holdings Enters Distribution Agreement With Covetrus North America Under Which Covetrus Will Inventory, Market And Promote Petvivo's Veterinary Medical Device, Spryng With Osteocushion Technology, Throughout The US
Portfolio Pulse from Benzinga Newsdesk
PetVivo Holdings has signed a distribution agreement with Covetrus North America for its veterinary medical device, Spryng with OsteoCushion Technology. Covetrus will handle inventory, marketing, and promotion of Spryng across the United States.
December 22, 2023 | 1:03 pm
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POSITIVE IMPACT
PetVivo Holdings' agreement with Covetrus for the distribution of Spryng may increase market penetration and sales, potentially boosting PETV's stock in the short term.
The distribution agreement with a well-established company like Covetrus is likely to enhance PetVivo's market presence and sales, which could lead to increased investor confidence and a positive impact on PETV's stock price in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100