Business & Finance
Well Lead Medical awards new contract to Bactiguard
30 December 2019 -

Well Lead Medical (Well Lead) in China has awarded a new contract to Bactiguard, a Sweden-based meditech company.

It was reported on Friday that the order is to generate revenues of around SEK16.5m in the fourth quarter of 2019.

Christian Kinch, CEO, stated: "This is the second order from Well Lead outside the initial contract and further strengthens that end-customer sales in China are picking up. At the same, we don't expect to receive any new orders from Well Lead in the beginning of next year, given the high volumes delivered in the third and fourth quarters of this year."