other material
confidence high
sentiment positive
materiality 0.65
Sharps Technology enters exclusive U.S. distribution agreement with Nephron Pharmaceuticals for syringe products
Sharps Technology Inc.
- Distribution agreement appoints Nephron as exclusive U.S. distributor for Sharps' syringe products.
- First products expected available by end of January 2023; initial revenue anticipated in first half of 2023.
- Agreement supports previously announced Inject-EZ startup in South Carolina, expected to begin in early 2023.
- Two-year term, with 30-day termination notice by either party for any reason.
- Nephron's sales network includes over 3,000 customers via direct and online channels.