Rockwell Medical hits 52-week high after supply deal with Nipro

seekingalpha09-04

Shares of Rockwell Medical (NASDAQ:RMTI) reached a new 52-week high on Tuesday after the healthcare supplier announced a product distribution agreement with Nipro Medical Corporation, a subsidiary of ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2464332514?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/147009250/image_147009250.jpg","is_english":true,"pubTime":"2024-09-04 02:30","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2464332514","market":"hk","top_or_hot":-1,"title":"Rockwell Medical hits 52-week high after supply deal with Nipro","media":"seekingalpha","content":"<div>\n<p>Shares of Rockwell Medical (NASDAQ:RMTI) reached a new 52-week high on Tuesday after the healthcare supplier announced a product distribution agreement with Nipro Medical Corporation, a subsidiary of ...</p>\n\n<a href=\"https://seekingalpha.com/news/4146354-rockwell-medical-stock-gains-supply-deal\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rockwell Medical hits 52-week high after supply deal with Nipro</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRockwell Medical hits 52-week high after supply deal with Nipro\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-04 02:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4146354-rockwell-medical-stock-gains-supply-deal><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Rockwell Medical (NASDAQ:RMTI) reached a new 52-week high on Tuesday after the healthcare supplier announced a product distribution agreement with Nipro Medical Corporation, a subsidiary of ...</p>\n\n<a href=\"https://seekingalpha.com/news/4146354-rockwell-medical-stock-gains-supply-deal\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NPRRF","symbol_name":"Nipro Corp.","start_time":0,"source_url":"https://seekingalpha.com/news/4146354-rockwell-medical-stock-gains-supply-deal","article_id":"2464332514","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/147009250/image_147009250.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2464332514","pubTimestamp":1725388214,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Shares of Rockwell Medical  reached a new 52-week high on Tuesday after the healthcare supplier announced a product distribution agreement with Nipro Medical Corporation, a subsidiary of Japanese MedTech Nipro Corporation . According to the terms, Nipro, which has ex-U.S. rights to Rockwell Medical’s  products globally, will receive the company’s hemodialysis concentrates and certain other products for two years.  After the initial period, the parties will have the option to extend the deal for an additional year. The agreement specified $5M as the product purchasing minimum for the first year, with incremental increases added for each subsequent year. “We are excited by the opportunity this partnership continues to offer Rockwell Medical and the patients who will be positively impacted by our hemodialysis concentrates worldwide,” said Rockwell Medical’s  CEO Mark Strobeck.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NPRRF":"Nipro Corp.","RMTI":"Rockwell Medical","BK4198":"医疗保健用品"},"translate_title":"与Nipro达成供应协议后，罗克韦尔医疗股价创52周新高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NPRRF":1,"RMTI":1},"content_text":"Shares of Rockwell Medical (NASDAQ:RMTI) reached a new 52-week high on Tuesday after the healthcare supplier announced a product distribution agreement with Nipro Medical Corporation, a subsidiary of Japanese MedTech Nipro Corporation (OTCPK:NPRRF). According to the terms, Nipro, which has ex-U.S. rights to Rockwell Medical’s (RMTI) products globally, will receive the company’s hemodialysis concentrates and certain other products for two years.  After the initial period, the parties will have the option to extend the deal for an additional year. The agreement specified $5M as the product purchasing minimum for the first year, with incremental increases added for each subsequent year. “We are excited by the opportunity this partnership continues to offer Rockwell Medical and the patients who will be positively impacted by our hemodialysis concentrates worldwide,” said Rockwell Medical’s (RMTI) CEO Mark Strobeck.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2464332514"}