Bactiguard takes the next step in China and signs agreement worth more than SEK 30 million
Bactiguard takes the next step in China and accelerates its ambitions through a combined distribution and license agreement with Well Lead Medical (Well Lead) with an initial value of more than SEK 30 million. At the same time, the cooperation with the current distributor Jian AN is terminated and Bactiguard pays a compensation of approximately SEK 11 million.The agreement with Well Lead, China's leading manufacturer of consumable medical devices, includes all products in Bactiguard's portfolio. Initially, the agreement generates revenues of more than SEK 30 million in the form of product