Yup Channel5, Saudi Arabia/Bahrain was a trial run

Yup Channel5, Saudi Arabia/Bahrain was a trial run for STADA and they must have liked the results.

A Big Congrats to Erin Sanders for landing this major company!!

BIEL was not specific with the scope of the new STADA distribution deal, hopefully we get a PR soon with the details.

This is a distribution deal for BIEL's ActiPatch not an OEM contract so there should be more margin involved for BIEL.

This deal is a Big Deal as STADA is serious about Growth and Increasing Revenue.

* Servicing customers in 120 countries

* 2021 Revenue of $3.59 Billion

* 8% Revenue gain from 2020 to 2021

* 12,300 Employees

* STADA has been growing agressively for several years

* 1/2022 STADA expands production network with EUR50m project in Romania

* 6/2021 STADA further grows European Consumer Healthcare portfolio by acquiring 16 well-established brands from Sanofi

* 12/2020 STADA delivers double-digit growth in 2019 as it invests to lead Consumer Healthcare and Generics core segments

* 5/2020 STADA closes acquisition of Walmark, creating a winning portfolio for Central Europe

* 4/2020 STADA takes clear lead in Russian consumer healthcare sector $660 million transaction of a Russian brand portfolio from Takeda

* 2/2020 STADA becomes a major Consumer Healthcare player by acquiring 15 well-established GSK brands

* 22020 STADA to acquire established OTC and food supplement portfolio in the Philippines