other
confidence high
sentiment positive
materiality 0.60
NEXGEL forms partnership with STADA to distribute OTC health products in North America starting mid-2024
NEXGEL, INC.
- Partnership with STADA Arzneimittel AG, a European consumer health leader, for distribution and commercialization.
- Product launch expected mid-2024; brings established European OTC products to North American consumers.
- STADA reported 2022 group sales of EUR 3,797.2 million and EBITDA of EUR 884.7 million.
- NEXGEL will leverage its hydrogel expertise and contract manufacturing for the partnership.