The Agreement
Cellmid have entered into a national trading agreement with API Services Australia Pty Ltd (API) for the ranging of the Company’s évolis® Professional anti-aging hair care products in Priceline Pharmacies. As part of this trading agreement évolis® will be featured in 400 of the 480 Priceline Pharmacy stores around Australia.
What's expected?
The agreement is expected to deliver exclusive offers and unique hair health advisory services to Priceline Pharmacy customers. In-store sales of évolis® Professional will be supported by the current évolis® sales and marketing team through an extensive education program about hair aging, the hair cycle and anti-aging haircare.
Guidance Re-iterated
Cellmid confirms guidance that it is on track to reach operational profitability on its Advangen consumer health business in FY2020.