New major order from China
Bactiguard has received a new order from Well Lead Medical (Well Lead) in China. The order will be delivered before the end of the year and generate revenues in the fourth quarter of approximately SEK 10 million.In June 2018, Bactiguard signed a combined distribution and license agreement with Well Lead at an initial value of over 30 million. At the same time, the cooperation with former distributor Jian AN was terminated and Bactiguard paid a compensation of approximately SEK 11 million for their investments in the marketing and Chinese product approval process. The agreement with Well