11th Mar 2021 19:12
HeiQ PLC - textiles technology firm - Secures agreement with luxury paint provider Berger Paints India Ltd, where Berger will produce an antiviral paint called "Silk Breathe East", which will be powered by HeiQ Viroblock.
Deal is expected to deliver USD600,000 of revenue to HeiQ for the first year, during which Berger will have exclusivity in India. There is also potential for the exclusivity period to be extended by HeiQ.
Current stock price: 196.18 pence
Year-to-date change: up 8.7%
By Dayo Laniyan; [email protected]
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