MOBERG DERMA TERMINATES COLLABORATION IN CANADA
Moberg Derma AB (STO: MOB) and Medical Futures Inc. have agreed that the distribution agreement between the parties shall cease, and that cooperation ends. The agreement gave the distributor the exclusive right to market and sell Emtrix® in Canada.Moberg Derma regains all rights to Emtrix® in Canada. The distributor has the right to sell off its stock for a period. “Sales in Canada have not met expectations and we have therefore agreed to terminate the agreement. We aim to select a new distributor with strong consumer marketing capabilities”, says Peter Wolpert, CEO of Moberg Derma.