NEWS
Nugen, Mission Ready sign InsuJet distribution deal
2022-03-22 10:11 ET - News Release
See News Release (C-NGMD) Nugen Medical Devices Inc
Mr. Michael Wright reports
NUGEN M.D. AND UNIFIRE INC. ANNOUNCE PARTNERSHIP TO MARKET AND DISTRIBUTE ITS NEEDLE-FREE INJECTION DEVICE TO UNITED STATES GOVERNMENT AGENCIES
Nugen Medical Devices Inc. and Unifire Inc. have entered into a master distribution and marketing agreement dated March 14, 2022, whereas Unifire has been granted exclusive rights to sell Nugen M.D.'s needle-free injection device into various U.S. government agencies. Unifire is a wholly owned subsidiary of Mission Ready Solutions Inc.
Mission Ready Solutions provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, mission-critical products and services for law enforcement, firefighters, first responders, military, and other governmental agencies in partnerships with over 50 sub distributors and strategic international distribution partners.
Unifire will act as Nugen M.D.'s Master Distributor in the United States and has been granted exclusive rights to sell and distribute within these governmental agencies, focusing on the immediate opportunities within the Department of Defense (DoD), Biomedical Advanced Research and Development Authority (BARDA), Defense Advanced Research Projects Agency (DARPA), Veterans Affairs (VA), Department of Homeland Security (DHS) and Health and Human Services (HHS). Unifire has also been granted non-exclusive rights to sell into similar agencies within Israel and Australia.
Mr. Douglas Bryce, Former Joint Program Executive Officer for Chemical, Biological, Radiological, and Nuclear Defense (JPEO-CBRND) for the US Army and responsible for the development acquisition, distribution, and deployment of highly specialized and dynamic joint CBRN defense devices, medical diagnostics systems, drugs and vaccines confirms, "The disruptive nature of the needle-free injection solution to improve the standard of care for members and the general public cannot be understated. The safe, rapid, and effective delivery of medication through this device are within the mandates of the government to improve care, reduce waste and lower costs. As such, I believe there is significant opportunity within the Department of Defense and Military operated medical facilities as well as inclusion within the casual combat care packages, global vaccination efforts and many others."
Dan Raczykowski, COO of Unifire states, "We are very pleased to be onboarding this unique solution for medical injections. Through our initial conversations with our clientele and government advisors here and abroad, there is identified need for safer and more cost-effective solutions to deliver medicine that require injections. This technology, which already has regulatory approvals in over 40 countries, opens a large opportunity within our network to deliver better care for users, government agencies and we are excited to be intimately involved in the process."
"We are thrilled to have Unifire join our worldwide network of distributors. They have a unique skill set in understanding the government contracting space, with proven relationships, and track record of execution," stated Michael Wright, CEO of Nugen M.D. "Unifire will support Nugen in carrying out its expansion strategy in the US market by focusing on gaining acceptance for InsuJet as a safe, reliable and cost-effective replacement solution for current medication injection standards within Unifire's established clientele of government agencies."
Unifire will collaboratively work with Nugen M.D. to seek regulatory approval, garner political support, introduce non-dilutive government funding, while advising on the necessary manufacturing and supply chain requirements to be eligible to submit to government RFPs.
Jointly, the Companies will focus on opportunities within:
- Immediate Humanitarian Efforts to Provide Safe Access to Insulin treatments;
- Global Vaccination Efforts;
- Biomedical Advanced Research and Development Authority (BARDA);
- Defense Advanced Research Projects Agency (DARPA);
- Veterans Affairs (VA) for acceptance to support healthcare requirements;
- DoD or government agencies with medical facilities;
- Inclusion in Tactical Combat Casualty Care (TCCC).
Nugen M.D.'s InsuJet needleless injection system is a revolutionary needle-free way to inject medication or vaccines and:
- Provides faster absorption of medicine than hypodermic needles;
- Reduces fear and anxiety associated with hypodermic needles;
- Eliminates needlestick injuries;
- Reduces the risk of cross-contamination and infections;
- Reduces cost burdens on the health care system;
- Reduces cost for patients;
- Reduces biohazard waste.
Unifire will be compensated on a success basis, with terms to be determined dependent on the scope of work, size of contract and involvement of sub-contractors. About The InsuJet
The InsuJet is a revolutionary needle-free drug delivery device, used to self-administer medication in a safe, fear free, and virtually pain free manner and is now approved for use in over 40 countries globally.
About Nugen Medical Devices
Nugen Medical Devices' principal business is the development and commercialization of innovative needle-free injection devices and systems for the administration of subcutaneous medication.
It is developing products using needle-free drug delivery technology in several important fields including, but not limited to, anaphylaxis, diabetes, severe migraine, erectile dysfunction, chronic anemia, neutropenia, autoimmune rheumatoid arthritis, growth and fertility hormone, psoriasis as well as DNA and conventional/pediatric vaccines.
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