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Prices & Quotes - UK Markets - Belluscura (BELL)

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Share Price:
98.50p
Change Today:
0.000p
Market Cap:
£111.61m
Sector:
Health Care Equipment & Services

Belluscura inks first US distribution agreement

By Iain Gilbert

Date: Wednesday 23 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Medical device developer Belluscura has signed its first US distribution agreement for the firm's X-PLO2R portable oxygen concentrator portfolio.
Belluscura said the deal with the unnamed distributor, located on the East Coast of the United States, marked the first stage in establishing US-wide distribution coverage as part of its commercialisation strategy.

The AIM-listed firm added that the distributor immediately issued its first purchase order, with anticipated delivery of the first X-PLO2R portable oxygen concentrators expected in the third quarter of its current trading year.

Chief executive Robert Rauker said: "We are very pleased with the reception the X-PLO2R portable oxygen concentrator has received from distributors. We look forward to commercial launch in Q3 of 2021 and we anticipate signing a number of additional distribution agreements in the very near future."

As of 1040 BST, Belluscura shares were up 13.13% at 56.0p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Belluscura Market Data

Currency UK Pounds
Price 98.50p
Change Today 0.000p
52 Week High 107.00p
52 Week Low 49.50p
Volume 58,950
Shares Issued 113.31m
Market Cap £111.61m

Performance Indicators

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Belluscura Dividends

No dividends found

Trades for 01-Dec-2021

Time Volume / Share Price
15:47 25,000 @ 99.00p
15:49 2,000 @ 97.60p
15:45 10,000 @ 98.25p
15:42 10,000 @ 98.49p
14:15 508 @ 98.43p

Belluscura Key Personnel

CEO Robert “Bob” Rauker
CFO Anthony “Tony” Dyer