Allied Corp. (OTCQB:ALID) executed the forward purchase agreement with a distributor for a specialty medical care hospital based out of Sao Paulo, Brazil.
Under this agreement, the Brazilian Group has purchased $147,000 worth of Allied products that will continue on a monthly basis. The products from this monthly agreement will focus on specialty medical care for tens of thousands of Brazilian oncology patients.
The hospital that the products are intended for was founded in 1971 with the mission of providing quality health care, generating knowledge, and promoting social responsibility. The hospital’s research and educational institute has already trained approximately 130,000 professionals and conducts hundreds of studies annually.
Allied’s products will specifically be offered to the hospital’s complex oncology and neurology patients undergoing therapies. This hospital was named in Forbes’ list of the 20 best hospitals in the world along with other world known hospitals such as Mayo Clinic in Rochester (Minnesota) and John Hopkins Hospital in Baltimore (Maryland). (Source: click here).
Getting to the point of actually shipping the product has taken six months of product review, manufacturing specifications and testing, regulatory clearance and logistics management. With the completion of the lengthy review of the company and manufacturing certificates, Allied has successfully shipped.
Photo by CRYSTALWEED cannabis on Unsplash
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