18th Oct 2021 15:23
Belluscura PLC - London-based oxygen enrichment technology developer - Signs fifth distribution agreement with unnamed US-based online partner, for the distribution of its FDA-cleared portable oxygen concentrator X-PLO2R across the US.
The online distributor, located in Colorado, Arizona and Georgia, has already placed its first orders with Belluscura.
"Within the past five months, Belluscura has been able to put in place distribution agreements that cover the majority of North America from the East to West coast. In addition, the Company is receiving interest from overseas distributors. We will update shareholders with expected unit deliveries for 2021 and 2022 in the near future," says Chief Executive Officer Robert Rauker.
Current stock price: 93.10 pence, up 6.4% on Monday
Year-to-date change: up 76% since May 28
By Dayo Laniyan; [email protected]
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