First international distribution agreement

RNS Number : 4477J

Belluscura PLC

13 December 2022

 

13 December 2022

Belluscura plc

("Belluscura" or the "Company")

Belluscura announces first international distribution agreement

Belluscura, a leading medical device developer focused on lightweight and portable oxygen enrichment technology, is pleased to announce it has entered into its first international distribution agreement outside of the US, with MedHealth Supplies of South Africa ("MedHealth").

Following the distribution agreement, MedHealth has placed orders for both 2022 and 2023, with deliveries to commence immediately. 

MedHealth is a leading durable medical equipment provider in South Africa distributing durable medical equipment throughout South Africa and neighboring countries, and was recently awarded oxygen supply contracts based on the ability to deliver Belluscura's X-PLOR portable oxygen concentrator.

Robert Rauker, CEO of Belluscura plc, said:

"This is a big step in Belluscura's expansion outside the US. MedHealth's founders have a long history in the supplemental oxygen space and we are excited to work with them moving forward."

ENDS

For further information, please contact:

Belluscura plc	www.belluscura.com
Robert Rauker, Chief Executive Officer	via MHP
Anthony Dyer, Chief Financial Officer
SPARK Advisory Partners Limited (NOMAD)	Tel: [phone]
Neil Baldwin
Dowgate Capital Limited (Broker)	Tel: [phone]
James Serjeant / Nicholas Chambers
MHP (Financial PR and Investor Relations)	Tel: [phone]
Katie Hunt / Pete Lambie / Matthew Taylor	Email: [e-mail]

About Belluscura plc   (   www.belluscura.com   )

Belluscura is a UK medical device company focused on developing high performing, lightweight and portable oxygen enrichment technology used in a broad range of industries and therapies. Our innovative oxygen technologies are designed with a global purpose: to create improved health, mobility and economic outcomes for patients, healthcare providers and insurance organisations.

Glossary

X-PLOR® is a lightweight portable oxygen concentrator with user replaceable oxygen enrichment cartridges and direct-charge batteries. Weighing only 3.75 lbs, its Airgonomic^TM Design ensures user-friendly experience and maximum comfort. It has multiple Pulse Flow Settings including X-PLORATION^TM Mode (750mL for 10 mins).

DISCOV-R™ will deliver 2000mL of continuous flow oxygen and have 8 Pulse Flow Settings. Weighing only 6.5 lbs, it will be the first a mbulatory 2L portable oxygen concentrator, producing more oxygen per pound than others in its class.

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