Yes this is the careline product.
FODs cost of sales for the hand sanitiser are likely to be higher than other manufacturers, so careline will likely continue to get their product from them, but FOD can help meet demand in times of need like this.
I think the idea of producing hand sanitiser and selling it through careline has or will lead to a re-rate, which I believe we are seeing now, due to the value inherent in the new manufacturing clean room/laboratory. That means, FOD can manufacture these higher margin products when it is demanded and that’s a good function to have, which might not have previously been accounted for in the price.
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- Ann: FOD receives first order for $2 million of hand sanitiser
Ann: FOD receives first order for $2 million of hand sanitiser, page-229
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