NuGen Signs $204M Distribution Agreement With Global Leader in the Diabetic Industry 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%. https://lnkd.in/g2rexvpn
NuGen Medical Devices
Medical Equipment Manufacturing
Toronto, Ontario 696 followers
We believe that every individual should receive healthcare that is respectful, safe, and empowering.
About us
NuGen MD is developing the next generation of needle-free technologies and other innovative medical delivery products. We are a catalyst for research, development and commercialization of innovative life sciences products for the care and cure of the global community. Our products is designed to improve the lives of millions of people, including healthcare practitioners, in over 40 countries.
- Website
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https://www.nugenmd.com
External link for NuGen Medical Devices
- Industry
- Medical Equipment Manufacturing
- Company size
- 11-50 employees
- Headquarters
- Toronto, Ontario
- Type
- Public Company
Locations
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Primary
Toronto, Ontario, CA