BUZZ-Rockwell Medical climbs on product purchase agreement

Reuters

2024/12/17

BUZZ-<a href="https://laohu8.com/S/RMTI">Rockwell Medical</a> climbs on product purchase agreement

** Shares of dialysis products maker Rockwell Medical RMTI.O rise 16.9% to $2.35 premarket

** Co enters a product purchase agreement for its hemodialysis product, SteriLyte, that is expected to generate upwards of $10 million in net sales in 2025

** Says the agreement has an effective term of up to 5 years, and includes incremental price increases for the product each subsequent year

** Up to last close, stock up 6.4% YTD

(Reporting by Christy Santhosh)

((Christy.Santhosh@thomsonreuters.com))

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