Braster signs distribution agreement in Russian Pharmimex
Braster signed an agreement with Russian Pharmimex for the distribution of Braster Pro device. By the end of 2024, the distributor will buy a total of 11,100 devices along with test packages, the company said. The first sale of 300 devices will take place in the first half of 2020 after prepayment and registration of the device in Russia. Pharmimex will be responsible for Braster Pro registration and will bear all costs associated with it, while Braster will support the registration process. In addition, the distributor will handle marketing and public relations activities related to the device.
The beginning of sales on the Russian market will positively impact the company's financial situation, Braster said.
(ISBnews)
