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Stock impact report

Sharps Technology's SC Asset Purchase and $200 Million Syringe Sales Agreement Paves the Way to Begin Producing Prefillable Specialty Copolymer Syringes in the U.S. [Yahoo! Finance]

Sharps Technology Inc. (STSS) 
Company Research Source: Yahoo! Finance
Signed Syringe Sales Agreement will secure product orders totaling over $200 million for the first five years of operation. Sharps is negotiating additional pharma-segment purchase commitments for orders over the next three years, with shipments expected to begin by Q2 of 2025. Demand for Sharps products is increasing due to recent FDA warnings, tariffs, and healthcare's move away from glass syringes. NEW YORK, May 31, 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 issues a shareholder update from Robert Hayes, the Company's Chief Executive Officer. Dear Fellow Shareholders, I want to share additional information about this week's transformative announcement and give you more insight into why the current agreement improves the deal terms we originally negotiated last September. Earlier this week, Sharps Technology signed an enh Show less Read more
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