New Major Order From China

FacebookFacebookTwitterTwitterEmailEmailLinkedInLinkedInWhatsAppWhatsAppMessengerMessengerFlipboardFlipboardGmailGmailTelegramTelegramShareShare

STOCKHOLM, Sept. 29, 2019 /PRNewswire/ — Bactiguard has received a new order from Well Lead Medical (Well Lead) in China. The order will be delivered promptly and generate revenues in the third quarter of approximately SEK 4,8 million.

“The order we have just received from Well Lead is the first outside of the initial contract and therefore an important milestone in our cooperation, as it shows that end-customer sales in China are picking up”, says Christian Kinch, CEO.

In June 2018, Bactiguard signed a combined distribution and license agreement with Well Lead, China’s leading manufacturer of consumable medical devices.

The first two product orders, at a combined value of SEK 20 million, were part of the initial contract and delivered in the second and fourth quarters of 2018. The third order, which has now been received, is worth SEK 4,8 million and it is the first order outside the initial contract.

This information is information that Bactiguard Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below 2019-09-29, at 20:00

For further information, please contact:

Cecilia Edström
CFO and deputy CEO
mobile: +46-722-262-328

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/bactiguard-holding-ab–publ-/r/new-major-order-from-china,c2920728

The following files are available for download:

https://mb.cision.com/Main/9686/2920728/1115431.pdf

190929 New major order from China

View original content:http://www.prnewswire.com/news-releases/new-major-order-from-china-300927429.html

SOURCE Bactiguard Holding AB (publ)

user

Recent Posts

Global Orthodontists Gather in China to Explore Smartee’s Mandibular Repositioning Technology

XI'AN, China , June 26, 2025 /PRNewswire/ -- Smartee Denti-Technology recently hosted international orthodontic experts and…

3 hours ago

Kentro Earns 2025 Washington Post Top Workplaces Award for Second Consecutive Year

MCLEAN, Va., June 25, 2025 /PRNewswire/ -- IT Concepts, Inc. DBA Kentro (Kentro hereafter). Kentro…

3 hours ago

Public Advisory – Buying health products online? Know the risks

OTTAWA, ON, June 25, 2025 /CNW/ - Summary Product: Unauthorized health products, including drugs, natural…

3 hours ago

Scott McGohan Launches Mental Health Engagement Catalyst One Morning with Vital Brand-Development Support from Hyperquake

DAYTON, Ohio and CINCINNATI, June 25, 2025 /PRNewswire/ -- Independent creative strategy, branding, and experience…

3 hours ago

Smart Data Solutions and Basys.ai Partner to Empower Health Plans and TPAs with AI-Driven Prior Authorization Solutions

EAGAN, Minn., June 25, 2025 /PRNewswire/ -- Smart Data Solutions (SDS), a leader in healthcare…

3 hours ago