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Tag: Rockwell Medical Stock

  • Pre-Market Rally: Rockwell Medical (RMTI) Stock Shows Strong Uptrend

    Pre-Market Rally: Rockwell Medical (RMTI) Stock Shows Strong Uptrend

    The news of a multi-year sales deal has caused shares of Rockwell Medical, Inc. (NASDAQ: RMTI) to jump noticeably on the charts. The pre-market session as of the last check, saw RMTI shares rise 16.92% to $2.35. Investor confidence in the company’s strategic efforts and market presence is reflected in this upswing.

    Important Deal with World Dialysis Leader

    Rockwell Medical has inked a deal to sell items to a major worldwide supplier of dialysis supplies and services. Being the leading supplier of liquid bicarbonate in the US, Rockwell Medical is in a unique position since no other company can produce liquid bicarbonate on a large enough scale to satisfy the needs of the country’s largest dialysis providers.

    For a three-year initial agreement, with the possibility of two one-year extensions, RMTI will provide its SteriLyte liquid bicarbonate hemodialysis concentrates. Over $10 million in net sales are predicted in the first year of the arrangement, with more price hikes likely in the following years.A portion of this revenue was not included in previously disclosed estimates for 2025, indicating additional growth potential.

    Partnership with HydroCare Expands Product Reach

    In a separate development, RMTI has partnered with HydroCare, a global leader in dialysis water treatment systems. This collaboration focuses on installing Rockwell Medical’s DAMX45 dry acid concentrate mix system in dialysis water rooms. The system, which is FDA 510(k)-approved, works seamlessly with the company’s CitraPure and Dri-Sate dry acid concentrates.

    The DAMX45 mixer enables clinics to prepare 100 gallons of acid concentrate on-site in just three minutes, significantly improving efficiency. HydroCare recognized the system’s reliability and ease of use, making it an ideal choice for enhancing dialysis water room operations. This partnership provides Rockwell Medical with a pathway to extend its market reach and benefit more patients globally.

    A Commitment to Advancing Dialysis Care

    These tactical partnerships highlight Rockwell Medical’s commitment to providing cutting-edge solutions that enhance patient care. RMTI is ideally positioned for long-term growth in the dialysis industry because to its robust market presence and cutting-edge product offerings.

  • Market Drove Rockwell Medical (RMTI) Stock Up For Third Consecutive Day

    Market Drove Rockwell Medical (RMTI) Stock Up For Third Consecutive Day

    Rockwell Medical, Inc. (NASDAQ: RMTI) experienced a remarkable rally this week, with its stock price surging for three consecutive days. On Wednesday, RMTI shares jumped by 8.18%, closing at $4.10, a significant leap attributed to a major product purchase order win. The primary catalyst for this increase is a significant purchase order that has propelled investor confidence.

    Rockwell Medical Inked Major Product Purchase Agreement

    This week, a significant product purchase agreement between Rockwell Medical and a well-known US provider of acute care and at-home dialysis services was revealed. The deal states that Rockwell Medical will deliver its RenalPure liquid acid and SteriLyte liquid bicarbonate solutions to this top healthcare provider.

    These hemodialysis concentrates will be delivered in two distinct packaging options: a four-per-case packaging for larger dialysis centers and a two-per-case packaging designed for smaller acute care settings and at-home treatments.

    Advantages of RMTI’s Hemodialysis Convenience Pack

    The convenience pack offered by Rockwell Medical includes two 1-gallon pre-mixed containers of RenalPure or SteriLyte, providing several benefits to patients, caregivers, and healthcare providers. This creative packaging is particularly helpful for home patients and acute care centers since it streamlines handling and increases workflow efficiency.

    With the increasing demand for cutting-edge dialysis technologies, especially in the underserved at-home hemodialysis market, Rockwell Medical’s products present a worthwhile substitute for conventional in-clinic treatments that frequently necessitate patients to make lengthy weekly travels.

    Strategic Alliance with Nipro Medical

    In a related development, Rockwell Medical and Nipro Medical Corporation, two global leaders in the healthcare and medical device sectors, have entered into a distribution agreement. A division of Nipro Corporation Japan is Nipro Medical Corporation.

    Nipro will receive its liquid, dry, and bicarbonate hemodialysis concentrates from Rockwell Medical in accordance with the conditions of this agreement, as well as its dry acid concentrate mixer. The rights to distribute these items internationally—apart from the US—have been licensed to Nipro.

    This two-year deal contains a minimum purchase requirement of $5.0 million for the first year, with progressive increases in succeeding years, and an option for a one-year extension. The increased demand for Rockwell Medical’s hemodialysis product range in the market is in line with Nipro’s reputation for producing high-quality medical equipment, especially in the renal and cardiovascular sectors.