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Stock impact report

Sanara Stock Gains From New US Distribution Deal With ChemoMouthPiece [Yahoo! Finance]

InfuSystems Holdings, Inc. (INFU) 
NASDAQ:AMEX Investor Relations: ir.infusystem.com
Company Research Source: Yahoo! Finance
Sanara will execute the terms of the agreement with the help of SI Healthcare Technologies (SI Technologies), which is a 50/50 joint venture between SMTI and InfuSystem. ChemoMouthpiece owns and manufactures a clinically validated product named Chemo Mouthpiece — an oral cryotherapy device that brings relief to oral mucositis-affected patients. This device perfectly aligns with Sanara's skincare strategy. The company further aims to provide the device to oncology patients undergoing chemotherapy. Following the announcement, shares of Sanara rose 0.5% to $33.51 yesterday. With the company gaining a high level of synergies from its collaborations within the skincare market, we expect market sentiment to remain positive around this development. About Sanara's Distribution Agreement With ChemoMouthpiece Under the agreement, SI Technologies will be the exclusive distributor of ChemoMouthpiece's kits in the United States. SI Technologies plans to market and distribute the product to Show less Read more
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