Brief: Sonoma Pharmaceuticals And Emc Pharma Announce Exclusive Partnership

Sonoma Pharmaceuticals

31/03/2021 21:59

March 31 (Reuters) - Sonoma Pharmaceuticals Inc  SNOA.O :
    * SONOMA PHARMACEUTICALS AND EMC PHARMA ANNOUNCE AN
EXCLUSIVE
PARTNERSHIP TO EXPAND COMMERCIAL CHANNELS OF THE MICROCYN®-BASED
RX DERMATOLOGY AND EYE CARE PRODUCTS NATIONWIDE
    * SONOMA PHARMACEUTICALS - AS PART OF DEAL, EMC WILL ACQUIRE
ALL
OF EXISTING INVENTORY AND PAY A ROYALTY AND TRANSFER PRICES OVER
INITIAL FIVE-YEAR TERM
    * SONOMA PHARMACEUTICALS INC - AS RESULT OF  TRANSACTION, CO
REDUCED SALES FORCE DEDICATED TO DIRECT SALES OF PRESCRIPTION
DERMATOLOGY PRODUCTS IN U.S

Source text for Eikon:  ID:nBw56N8qya 
Further company coverage:  SNOA.O 

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