New order from China
Bactiguard has received an initial order for coating concentrate from Well Lead Medical (Well Lead) in China. The order will be delivered promptly and generate license revenues in the fourth quarter 2020 of approximately SEK 9 million.In parallel with the marketing and sales of Bactiguard's BIP Foley urinary catheters in the Chinese market, Well Lead has made progress in the development of its own portfolio of medical devices, with Bactiguard’s coating for infection prevention. Well Lead has now placed an initial order for Bactiguard coating concentrate that will be used in product