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Nuchev Pty Ltd ( (AU:NUC) ) has issued an announcement.
Nuchev Limited has entered into an exclusive sales agency agreement with Brauer Natural Medicines Pty Ltd and H&S Brand Corporation Pty Ltd in Australia. This agreement focuses on selling certain products in Australian pharmacies, grocery stores, and health food stores, with the potential to expand into New Zealand. The collaboration aims to leverage Nuchev’s sales capabilities and Brauer’s established brand equity in the natural and complementary medicines sector, aligning with consumer demand for natural, clean-label products. This strategic move is expected to enhance Nuchev’s revenue and market presence in the complementary medicines sector.
More about Nuchev Pty Ltd
Nuchev Limited is an Australian-based nutritional and wellness business. Its product range includes brands like Oli6®, Bio Practica, and Medicine Tree, as well as several globally recognized European brands sold under exclusive license in Australia and New Zealand. These products are primarily targeted at practitioners as prescription-only products and are available in key Australian pharmacy and grocery channels, online in China, and recently launched in Vietnam.
YTD Price Performance: 45.83%
Average Trading Volume: 32,476
Technical Sentiment Signal: Hold
Current Market Cap: A$25.61M
For detailed information about NUC stock, go to TipRanks’ Stock Analysis page.