NuGen Medical Devices Inc (TSE:NGMD) has released an update.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
NuGen Medical Devices Inc. has announced a significant repeat order by Rosheta, its exclusive distributor in Yemen, for an additional 1,100 units of its needle-free InsuJet system, indicating a 37.5% increase from the initial order to meet growing demand. The new order, valued at $147,000, is part of a Yemen-wide marketing expansion plan, following strong initial uptake and market penetration efforts by Rosheta, praised by NuGen’s CEO for their clinical marketing strategy.
For further insights into TSE:NGMD stock, check out TipRanks’ Stock Analysis page.