CA - Good Natured announces multi-year deal with pharmaceutical packaging company
2023-08-10 06:41:31 ET
- Good Natured Products Inc ( OTCQX:GDNPF ) Thursday announced a three-year commercial agreement with an existing pharmaceutical packaging customer to expand their product assortment.
- The company expects to sign the full commercial agreement by the end of 2023, which will outline a multi-year program to produce about 100 million packages over a three-year term.
- This program includes multiple packaging designs using a blend of Good Natured's Bio-PET material and recycled content to meet specified sustainability objectives.
- The company anticipates revenue of about C$3.5 million in the first year of the agreement, of which C$2.7 million will be from new products being added to the customer's existing assortment.
- Source: Press Release
For further details see:
Good Natured announces multi-year deal with pharmaceutical packaging company