NuGen Medical Devices Inc (TSE:NGMD) has released an update.
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NuGen Medical Devices Inc. has announced a significant repeat order of 4,500 Insujet injectors from their exclusive distributor Science Link in Mexico, marking a notable expansion in the Mexican market. The order contributes $525K in revenue with an expected gross margin of $341K. This development reflects the growing acceptance and demand for NuGen’s needle-free diabetes treatment technology among Mexico’s large diabetic population.
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