Key Highlights:
· MGC Pharma has received a wholesale purchase order of ~€640,000 (~A$1,000,000) from leading European nutraceuticals producer and distributor, Swiss PharmaCan AG (SPC), for ArtemiCTM Rescue.
· This is the second major wholesale order received by the Company for ArtemiCTM Rescue under the exclusive Master Agreement with SPC signed in February 2021.
· The Company has manufacturing capacity at its production facility in Slovenia to produce commercial scale batches of ArtemiCTM Rescue as a food supplement for distribution by SPC.
· Strong sales pipeline continues to deliver material revenue to the Company, following from the record quarter on quarter sales achieved in the 3 months ended March 2021, and record monthly sales achieved in March.