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Stock impact report

Rockwell Medical gains as global reach widens [Seeking Alpha]

Rockwell Medical, Inc. (RMTI) 
Last rockwell medical, inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.rockwellmed.com
Company Research Source: Seeking Alpha
Its new five-year distributor agreement with Dominican Republic-based medical products company BioNuclear allows the sale and distribution of its hemodialysis concentrate products within the country. Santo Domingo-headquartered BioNuclear will have the option to extend the agreement for an additional five years. Rockwell Medical ( RMTI ) also announced an amended distribution agreement with Bermuda-based Atlantic Medical International ("AMI") to expand the list of hemodialysis products that AMI is purchasing from the company. In 2022, the company signed a five-year deal with AMI to sell its medical products. The revised agreement is anticipated to generate a profit margin in line with its gross margin outlook for 2024, Rockwell Medical ( RMTI ) said. The newly announced agreements are expected to help the company add roughly $1M in annual revenue. Recommended For You More Trending News Show less Read more
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