Zentek is an IP development and commercialization company focused on the research, development and commercialization of novel products using graphene and nanomaterials for use in the healthcare industry and beyond.
Zentek signs distribution agreement with Southmedic. (Credit: Markus Winkler from Pixabay)
Zentek Ltd. (“Zentek” or the “Company”) (NASDAQ:ZTEK)(TSXV:ZEN), an intellectual property development and commercialization company, has signed a Distribution Agreement with Southmedic Inc. (“Southmedic”) for the distribution of Zentek’s patented ZenGUARD™ surgical masks. Under the agreement, Southmedic will be the distributor of ZenGUARD™-enhanced surgical masks to the Canadian hospital, general practitioner, private surgery, long-term care and nursing home markets.
Southmedic is one of the largest independent distributors of medical devices in Canada with a dedicated sales team that supports all Canadian hospitals, clinics and private offices coast to coast. Southmedic currently distributes other personal protective equipment products in Canada and has distribution in over 80 countries globally. Southmedic has also been recognized as a Platinum Member of Deloitte’s Best Managed Companies.
“Zentek is proud to partner with a great company like Southmedic. They bring a strong distribution network across Canada and beyond and have a reputation of bringing quality products and innovative solutions to the healthcare space, exactly what our ZenGUARD™ surgical mask brings to the market,” said Greg Fenton, CEO of Zentek. “We believe this is a meaningful step toward securing volumes in a market segment with stable demand for surgical masks. While our focus is currently on surgical masks in Canada, we look forward to exploring other opportunities for our ZenGUARD™ platform in the healthcare space with the Southmedic team.”
Lee McDonald, CEO of Southmedic commented: “At Southmedic, we have built a reputation for providing customer-centric quality products and innovative solutions – and the ZenGUARD™ surgical mask with its antimicrobial properties and superior bacterial and viral filtration efficiency is a natural complement to our Sales team’s existing portfolio.”
Source: Company Press Release