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Posted On: 08/10/2020 7:44:09 PM
Post# of 8402
What is Better than a New Partner for BIEL?
How about 5 New Partners!!!
3 New Partners have signed Long Term OEM Contracts for US OTC Sales
"We now have signed long term contracts with, and received initial stocking orders and cash deposits from, three major companies. These initial orders total more than 120,000 ActiPatch devices. These three companies will be selling our devices into the United States over-the-counter (OTC) consumer health retail market. They will differentiate their offerings by utilizing different retail channels, branding strategies, and attachment systems (to affix the device on to various locations on the body)."
1 New Partner in Medical Industry Sales via 400 Sales Agents for RecoveryRx
" We also have a signed agreement with a commercial firm that is in the process of recruiting and training up to 400 independent sales representatives who will actively sell our RecoveryRx postoperative pain product line into doctors’ offices, wound clinics, nursing facilities, and hospitals. As with the three OTC retail-oriented companies mentioned above, we will act as the original equipment manufacturer (OEM) for this sales force, providing them with devices upon receiving purchase orders."
1 Licensing Agreement with an International Company is a done deal and another is in its final stages which will make it 6 Partners
"In terms of international sales, we recently signed a licensing agreement with a major international company and are in the final stages of signing an agreement with another large international company. Both of these companies need to register our products with their respective local medical regulatory authorities before they can distribute and sell our products."
https://www.globenewswire.com/news-release/20...mpany.html
How about 5 New Partners!!!
3 New Partners have signed Long Term OEM Contracts for US OTC Sales
"We now have signed long term contracts with, and received initial stocking orders and cash deposits from, three major companies. These initial orders total more than 120,000 ActiPatch devices. These three companies will be selling our devices into the United States over-the-counter (OTC) consumer health retail market. They will differentiate their offerings by utilizing different retail channels, branding strategies, and attachment systems (to affix the device on to various locations on the body)."
1 New Partner in Medical Industry Sales via 400 Sales Agents for RecoveryRx
" We also have a signed agreement with a commercial firm that is in the process of recruiting and training up to 400 independent sales representatives who will actively sell our RecoveryRx postoperative pain product line into doctors’ offices, wound clinics, nursing facilities, and hospitals. As with the three OTC retail-oriented companies mentioned above, we will act as the original equipment manufacturer (OEM) for this sales force, providing them with devices upon receiving purchase orders."
1 Licensing Agreement with an International Company is a done deal and another is in its final stages which will make it 6 Partners
"In terms of international sales, we recently signed a licensing agreement with a major international company and are in the final stages of signing an agreement with another large international company. Both of these companies need to register our products with their respective local medical regulatory authorities before they can distribute and sell our products."
https://www.globenewswire.com/news-release/20...mpany.html
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