Hi it’s possible... that’s excellent news for your son .
In regards the contract being up in a year - that would be great, although it said three years in the May presentation ?
“Global distribution with 3M commenced in 2019
...Contract includes take or pay minimum purchases for 3 + 3 years”
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvSDYL4gu9yBL/v/lh7LFiGug=
Looking back over history the contract was signed in November 2018 to commence in January 2019 :
On November 10, 2018, NXS announced an exclusive distribution agreement with 3M was to commence on January 1, 2019;
https://www.nextscience.com/wp-content/uploads/2018/11/3M-Distribution-Agreement-Press-Release-.pdf.
“Under the agreement, 3M will begin exclusive distribution of BlastXTM Wound Gel from 1 January 2019, initially in the US and then globally as regulatory approvals are secured in Europe, Canada, Australia, Japan and other markets.”
As @ReverY commented above, now that the KCI acquisition has been completed by 3M there are no more excuses considering the lower sales were blamed on the transitioning process.
It would be a great relief if 3M comes through for BlastX after this not very happy start .
Cheers
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