STRATA Skin Sciences Expands Direct Distribution Agreement With Kosmo Meditech

RTTNews | 598 days ago
STRATA Skin Sciences Expands Direct Distribution Agreement With Kosmo Meditech

(RTTNews) - Medical technology company STRATA Skin Sciences, Inc. (SSKN) announced Friday the expansion of a direct distribution agreement with its Korean distributor Kosmo Meditech, which is now assigned to Kosmo's corporate parent, Cutech, Inc., effective as of January 1, 2024, for a combination of direct capital sales and direct recurring revenue sales in Korea.

The companies have extended the term of the direct distribution agreement through December 31, 2026, ensuring a prolonged and stable partnership.

They have also established defined annual and quarterly performance-based purchase requirements, securing a consistent demand for STRATA's products, providing a reliable forecast for production and inventory management, and ensuring stronger top-line revenue.

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Australian Market Significantly Lower

Australian Market Significantly Lower

The Australian stock market is trading significantly lower on Tuesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,900 level, with weakness in gold miners and energy stocks partially offset by gains in iron ore miners and financial stocks.
RTTNews | 3 minutes ago
China Shares Tipped To Open In The Red

China Shares Tipped To Open In The Red

The China stock market has moved higher in two straight sessions, advancing more than 60 points or 1.7 percent along the way. The Shanghai Composite Index now sits just beneath the 3,730-point plateau although it may had back those gains on Tuesday.
RTTNews | 14 minutes ago
Taiwan Stock Market May Spin Its Wheels On Tuesday

Taiwan Stock Market May Spin Its Wheels On Tuesday

The Taiwan stock market has tracked higher in back-to-back sessions, gathering almost 250 points or 1 percent along the way. The Taiwan Stock Exchange now sits just above the 24,480-point plateau although it may be stuck in neutral on Tuesday.
RTTNews | 44 minutes ago
Losing Streak May Continue For Singapore Shares

Losing Streak May Continue For Singapore Shares

The Singapore stock market has moved lower in three straight sessions, falling more than 80 points or 1.9 percent along the way. The Straits Times Index now sits just above the 4,185-point plateau and it may take further damage again on Tuesday.
RTTNews | 1h 14min ago
Malaysia Bourse May Hand Back Monday's Gains

Malaysia Bourse May Hand Back Monday's Gains

The Malaysia stock market on Monday ended the two-day slide in which it had fallen more than 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,585-point plateau although it may head south again on Tuesday.
RTTNews | 1h 44min ago
Rally May Stall For Japan Stock Market

Rally May Stall For Japan Stock Market

The Japan stock market has moved higher in two straight sessions, surging more than 1,120 points or 2.8 percent along the way. The Nikkei 225 now sits just above the 43,710-point plateau although it may run out of steam on Tuesday.
RTTNews | 1h 59min ago
KOSPI May Extend Monday's Losses

KOSPI May Extend Monday's Losses

The South Korea stock market on Monday ended the two-day winning streak in which it had climbed more than 35 points or 1.1 percent. The KOSPI now sits just above the 3,175-point plateau and it may tick lower again on Tuesday.
RTTNews | 2h 14min ago