Ann: Binding Term Sheet to Immediately Expand into Latin America, page-4

I don't necessarily think it justified a TH, but good announcement nonetheless. Some good pointers here:

• Distribution in Brazil will be through MGC Pharma’s existing agreement with ONIX Empreendimentos e Participações (“Onix”, a Brazilian based company that assists companies in conducting business within the region

• Initial import permit already received from Anvisa, the National Health Surveillance Agency in Brazil, along with an initial purchase order from first prescriptions issued in Brazil

• First MGC Pharma product shipment to be despatched in early December to Brazil

Further revenue imminent.