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IN BRIEF: Belluscura signs agreement for supply of oxygen concetrators

2nd Aug 2022 14:27

Belluscura PLC - London-based medical device developer - Enters into an agreement for the supply of portable oxygen concentrators with VGM Group Inc. Says that VGM is "largest and most comprehensive" member service organisation in the US for post-acute healthcare. Over 2,500 healthcare providers with nearly 7,000 locations across the US rely on VGM to supply them with healthcare resources, it adds.

VGM will immediately gain access to Belluscura's portable oxygen concentrator, the X-PLOR, which was launched in June. Later this year, it will also gain access to Belluscura's transformational portable oxygen concentrator, the DISCOV-R.

Belluscura Chief Executive Officer Robert Rauker said: "Our partnership with VGM enables us to work together to provide access to our next generation portable oxygen concentrators. The partnership provides a further opportunity to support the group's continued growth."

Current stock price: 91.85 pence

12-month change: up 32%

By Sophie Rose; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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