Sharps Technology Receives $30 Million Purchase Order for Prefillable Copolymer Syringes to be Manufactured at SC Facility [Yahoo! Finance]
Sharps Technology Inc. (STSS)
Company Research
Source: Yahoo! Finance
Current Asset Purchase Agreement closing timeline is on track for expected prefillable syringe product shipments to begin by Q2 of 2025. NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Sharps Technology, Inc., (NASDAQ: “STSS” and “STSSW”), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class syringe products, received a signed $30 million purchase order from Nephron Pharmaceuticals, representing their first 12 months of syringe purchase commitments. The purchase order includes deliveries for both the 10mL and 50mL specialty copolymer prefillable syringes that will be manufactured at the West Columbia site being acquired from Nephron. This assurance of supply is expected to support the planned expansion of the 503b operations at the Nephron site. The new copolymer syringe technology reflects the pharmaceutical and healthcare industry's trend toward transitioning injectable drug therapies into innovative polymer prefillable syringes and away
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News
- Aegis Capital Corp. Acted as Exclusive Placement Agent on a $3.5 Million Bridge Financing for Sharps Technology, Inc. (NASDAQ:STSS)Accesswire
- Sharps Technology, Inc. Closes $3.5 Million Bridge Financing [Yahoo! Finance]Yahoo! Finance
- Sharps Technology, Inc. Closes $3.5 Million Bridge FinancingGlobeNewswire
- Sharps Technology, Inc. Announces $3.5 Million Bridge FinancingGlobeNewswire
- Sharps Technology Announces Continued Listing on Nasdaq Pending Results of an Upcoming Special Shareholders’ MeetingGlobeNewswire
STSS
Sec Filings
- 9/23/24 - Form 8-K
- 9/12/24 - Form 8-K
- 9/4/24 - Form DEF
- STSS's page on the SEC website