Bullboard - Stock Discussion Forum NuGen Medical Devices Inc V.NGMD

Alternate Symbol(s): NGMDF

NuGen Medical Devices Inc. is a Canada-based specialty medical device company. The Company is engaged in marketing and selling its InsuJet needle-free injection system designed to improve the lives of millions of diabetics. Its principal business is the research, development and commercialization of needle-free injection devices and systems for the administration of subcutaneous medication. It... see more

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TSXV:NGMD - Post Discussion

NuGen Medical Devices Inc > NuGen Signs $204M Distribution Agreement

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Post by Betteryear2 on Jul 25, 2023 10:34pm

NuGen Signs $204M Distribution Agreement

Toronto, Ontario--(Newsfile Corp. - July 25, 2023) - NuGen Medical Devices Inc. (TSXV: NGMD) (the "Company" or "NuGen") is pleased to announce it has entered into a distribution agreement for its needle-free InsuJet™ medical device and consumables with Sol-Millennium Medical Inc. ("Sol-M") of Chicago, Illinois USA, for a term of five years which NuGen estimates the value at approximately $204 million dollars with estimated gross margins of 72%.

NuGen Signs $204M Distribution Agreement With Global Leader in the Diabetic Industry (newsfilecorp.com)

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