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materiality 0.65
NanoVibronix renews PainShield distribution deal with Ultra Pain; secures $12M minimum purchase commitment
ENvue Medical, Inc.
- Renewed exclusive distribution agreement with Ultra Pain Products for PainShield for five years.
- Minimum purchase commitment valued at $12 million over the term of the agreement.
- CEO Brian Murphy highlighted UPPI's growth and transition into manufacturing as key factors.
- PainShield is a non-opioid portable ultrasound device for pain management and injury recovery.