Business Daily Media

Men's Weekly

.

Exclusive Australian distribution deal signed with Dale Group International

  • Written by Tessa Dempster


HeraMED Limited (HeraMed or Company) (ASX:HMD) is pleased to announce it has signed a comprehensive distribution agreement with Australia’s leading baby and toddler product supplier, Dale Group International.

The agreement includes a commitment to distribute a minimum of 9,000 units over the first three years, generating a minimum of circa $1.9AUS million over the first three years. The agreement further covers an extensive collaboration in marketing (digital and offline) as well as comprehensive customer support.   

“HeraMED is delighted to have signed a significant distribution agreement just weeks after receiving TGA approval. Australia is a unique and strategic market for us, this will put our HeraBEAT device in some of the country’s most prominent baby retailers in the country early in 2019” said HeraMED CEO and Co-Founder, David Groberman.

The number of live births in Australia was 309,142. in 2017, according to the Australian Bureau of Statistics.

Dale Group a major supplier to Australian baby  retailers

Dale Group International is a privately held baby and toddler product distributor that supplies major retailers including Baby Bunting, BigW and more than 300 baby product retailers across the country. 

“Dale Group International is proud to add the HeraMED brand to our trusted stable of internationally recognised and patented baby, infant & toddler products. The HeraBEAT smart, medical grade, home pregnancy monitoring solution is simply ground-breaking. We look forward to making this product available through retailers nationally so mothers can experience first-hand the difference HeraBEAT will make to their lives,” said Dale Group International Managing Director, Alan Lotzoff.

Distribution partnerships a focus for 2019

The deal with the Dale Group builds on the previously announced distribution agreement with NASDAQ-listed pharmaceutical company TEVA for exclusive rights to the sale of the HeraBEAT devices in Israel.

“HeraMED is rapidly expanding its distribution network across several countries as well as progressing opportunities with major healthcare providers” said Mr. Groberman.

For more information, please visit www.hera-med.com.

Minns Labor Government shutting down the Business Connect program

The NSW Opposition is concerned that the Labor government will shut down a support program that has assisted New South Wales businesses. In a media ...

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...

Why outdated security leaves small businesses exposed to crime

Small and medium businesses in Australia are under increasing pressure to address security gaps that criminals readily exploit. An unlocked door, an...

Why it’s time telcos rethink location and put customer experience first

Maurice Zicman, Vice President - CX Strategy at TP in Australia unpacks why the telco industry must rethink old assumptions and focus on digital-f...