Analytica’s marketing efforts in Brazil have been rewarded with the signing of a letter of intent with distribution partner CBS Medico Cientifica (CBS). Over the next quarter Analytica will work with the CBS team to assist product registration and market acceptance. Brazil is the 6th largest economy in the world with in excess of 7,800 hospitals and 810,000 beds.
Note - Discussions have commenced with several distributors in the United States of America.
Note - Marketing initiatives are under way in the Middle East, China and South East Asia.
ALT are again reinforcing the US negotiations that are underway with several distributors. These have the potential to multibag the stock overnight on success.
Interestingly, they have mentioned Middle East and China which we are yet to hear news on. Potentially something coming on these fronts similar to South East Asia ?
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