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BRIEF-Sharps Technology Receives $30 Million Purchase Order For Prefillable Copolymer Syringes To Be Manufactured At SC Facility
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BRIEF-Sharps Technology Receives $30 Million Purchase Order For Prefillable Copolymer Syringes To Be Manufactured At SC Facility
Jun 13, 2024 6:20 AM

June 13 (Reuters) - Sharps Technology Inc ( STSS ):

* SHARPS TECHNOLOGY RECEIVES $30 MILLION PURCHASE ORDER FOR

PREFILLABLE COPOLYMER SYRINGES TO BE MANUFACTURED AT SC FACILITY

* SHARPS TECHNOLOGY ( STSS ) : CURRENT ASSET PURCHASE AGREEMENT

CLOSING

TIMELINE ON TRACK FOR EXPECTED PREFILLABLE SYRINGE PRODUCT

SHIPMENTS TO BEGIN BY Q2 2025.

* SHARPS TECHNOLOGY ( STSS ) : WORKING TO CLOSE ON, ENHANCED ASSET

PURCHASE

AGREEMENT & ACCOMPANYING FIVE-YEAR, $200 MILLION SYRINGE SALES

AGREEMENT WITH NEPHRON

* SHARPS TECHNOLOGY INC ( STSS ): PROJECTED REVENUE EXPECTED TO

EXCEED $35

MILLION FOR FIRST 12 MONTHS OF SALES PREFILLABLE SYRINGE

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