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ORLANDO, Fla., Dec. 16, 2020 /PRNewswire/ Nutriband Inc. (OTCQB: NTRB), a Nevada Corporation, is pleased to announce that it has reported record 2020 revenues for three and nine months ended October 31, 2020.
In the third quarter of 2020, the Company recorded $391,797 in revenues as compared to $82,567 for the same period last year; for the nine months ended October 31, 2020 the Company recorded $595,611 in sales as compared to $351,070 for the same period last year. The increase in sales is attributed to the increase in orders received by Nutriband Inc. s wholly owned subsidiary, Pocono Pharmaceuticals Inc., for its contract manufacturing services.
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ORLANDO, Fla., Dec. 15, 2020 /PRNewswire/ Nutriband Inc. (OTCQB: NTRB), a Nevada Corporation, announced that it signed an exclusive license agreement with RAMBAM Med Tech Ltd, a Division of the RAMBAM Hospital, the largest medical center in Northern Israel, for its Closed System Transfer Device designed to liquify drugs for patients who cannot swallow solids.
Nutriband Inc.
The Closed System Transfer Device or CSTD combines the act of crushing a solid drug, dissolving in liquid and giving to a patient who cannot swallow for various reasons. The single-use device mechanically prohibits the transfer of environmental contaminants into the system and the escape of hazardous drug or vapor concentrations outside the system making the delivery technology both safe for patients and medical professionals, particularly when seeking to liquify or dissolve hazardous drugs.