NEXGEL's CG Converting And Packaging, Announces It Will Supply SilverSeal To Cintas, First Order Of SilverSeal Is Expected To Be Delivered During Q4 2024
Portfolio Pulse from Benzinga Newsdesk
NEXGEL, Inc. (NASDAQ:NXGL) announced it will supply its SilverSeal hydrogel dressing to Cintas Corporation (NASDAQ:CTAS). The first order is expected to be delivered in Q4 2024. Cintas will distribute SilverSeal to its customers in various sectors, including hospitality and public service.
June 27, 2024 | 1:09 pm
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POSITIVE IMPACT
Cintas will distribute NEXGEL's SilverSeal hydrogel dressing to its customers, with the first order expected in Q4 2024. This could enhance Cintas' product offerings in the healthcare sector.
By distributing SilverSeal, Cintas can enhance its product offerings in the healthcare sector, potentially attracting more customers and increasing revenue.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
NEXGEL will supply its SilverSeal hydrogel dressing to Cintas, with the first order expected in Q4 2024. This partnership could enhance NEXGEL's market reach and revenue.
The partnership with Cintas, a major distributor, could significantly increase NEXGEL's market reach and revenue. The expected delivery in Q4 2024 provides a clear timeline for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100