More Penthrox Licensing Agreements Expected
12 May 2015
ASX ANNOUNCEMENT
More Penthrox Licensing Agreements Expected
To facilitate distributing Penthrox internationally, Medical Developments International Limited (ASX: MVP) established a restricted confidential electronic data room in FY14 for prospective license partners.? The data room has attracted more than 30 companies and to date MVP has concluded Licensing & Distribution agreements for Penthrox in England, Ireland and the Republic of Ireland, Scotland, Wales, South Africa, Mexico, Singapore, Saudi Arabia, Taiwan, Hungary, UAE and Hong Kong.?? Together these agreements have significant minimum sales quantities which will underwrite MVP?s future sales growth.
For more information please click the following link?ASX Announcement – More Penthrox Licensing Agreements Expected