NuGen Medical Devices Inc. reported that the Company's InsuJet? needle-free injection device is actively sold in 11 countries through NuGen's distributor and wholesale network. InsuJet?
will soon be readily provided to end-customers throughout Europe through conventional channels, such as pharmacies for patients who have a prescription for the device. The reusable nature of InsuJet? and its consumables allow competitive prices compared with conventional needles while maintaining high margins.
NuGen has carefully selected a few distributors in key markets to support sales via off-line along with complementary sales channels to ensure more patients can get access to InsuJet?. The main distribution partner is Sol-Millennium Medical Group. NuGen looks forward to reporting an update on multiple sale agreements with Sol-Millennium in the coming weeks ahead.