Integumen PLC Supply Agreement in Asia
11 April 2017 - 4:01PM
RNS Non-Regulatory
TIDMSKIN
Integumen PLC
11 April 2017
Integumen plc
("Integumen")
Integumen signs first supply agreement in Asia
Integumen (LSE: SKIN), the personal health care company
developing and commercialising technology and products for the
human integumentary system is pleased to announce it has signed a
strategic supply agreement for an initial term of three years with
Mono Dent in South Korea for its oral hygiene products, which will
establish an additional income stream from this new market.
Mono Dent is a leading distributor of oral hygiene products to
dental surgeries and dental universities in South Korea. The
agreement provides Mono Dent with the exclusive rights to
distribute three products under the TSpro brand within South Korea.
TSpro is a disposable tongue vacuum cleaner for professional use in
the dental surgery, a tongue gel and a handle which turns the
tongue vacuum cleaner into a tongue scraper for home-use. All
products are marketed under the original brand "TS1".
Opening orders have been received for the TS1 professional
product. As part of the exclusive agreement, Mono Dent has
committed to a sales and marketing strategy for TS1 to penetrate
further the South Korean market. South Korea has approximately
20,000 dental surgeries and is a growing market driven by medical
tourism and cosmetic dental surgery.
Declan Service, CEO of Integumen, said:
"We are delighted to have secured our first supply agreement in
Asia, and South Korea represents significant potential for future
growth. TS1 is already being sold in parts of Europe and the Middle
East and this agreement further validates this innovative product
and our ability to enter new markets. We are actively seeking to
launch TS1 in other markets, as we focus on growing our revenues
for our commercialised products."
Declan Service, + 353 (0) 87
Integumen plc CEO 770 5506
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SPARK Advisory
Partners Limited Neil Baldwin/Sean +44 (0) 113 370
(Nominated Adviser) Wyndham-Quin 8974
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Turner Pope Investments Ben Turner/James +44 (0) 20 3621
(TPI) Ltd Pope 4120
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Cardew Group Shan Shan Willenbrock +44 (0) 20 7930
David Roach 0777
integumen@cardewgroup.com
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END
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