Rockwell Medical Announced A Distribution Agreement With Nipro Medical, To Supply Liquid And Dry Acid And Bicarbonate Hemodialysis Concentrates, As Well As Its Dry Acid Concentrates Mixer, For Which Nipro Has The Right To Distribute Rockwell's Products Globally, Excluding US
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Rockwell Medical has entered a distribution agreement with Nipro Medical to supply hemodialysis concentrates globally, excluding the US. The agreement is for two years with a $5 million minimum purchase in the first year.
September 03, 2024 | 10:02 am
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Rockwell Medical's new distribution agreement with Nipro Medical is expected to boost revenues through global sales of hemodialysis concentrates, excluding the US. The deal includes a $5 million minimum purchase in the first year, with potential for growth.
The distribution agreement with Nipro Medical allows Rockwell Medical to expand its market reach globally, excluding the US. The $5 million minimum purchase requirement in the first year indicates a significant revenue opportunity. The potential for incremental increases in subsequent years suggests growth potential. This partnership is likely to positively impact Rockwell Medical's stock price in the short term.
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