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Distribution Agreements Signed For Major Markets Corporate Update

Distribution Agreements Signed For Major Markets

NMT Group PLC (“NMT”) announces that it has now signed distribution agreements in the US, UK, Germany and France for its lead product, the 3ml retractable safety syringe.

In the US, NMT’s subsidiary, New Medical Technology, Inc., has signed a distribution agreement with Physician Sales and Service, Inc., the largest distributor of medical supplies, equipment and pharmaceuticals to office-based physicians and healthcare providers in the US.

Douglas J. Harper, senior vice president of Physician Sales and Service, Inc. said:  “We are very pleased to have been appointed as NMT’s main distributor to physicians’ offices in the US.  We believe that NMT’s retractable safety syringe is particularly significant for the US market, given the recent legislation passed in California which requires the use of safety devices to protect healthcare workers from needlestick injuries.”

NMT has also signed an agreement with Security Personal Care, Inc. to distribute the 3ml safety syringe to prisons throughout the US.