Rockwell Medical Technologies (RMTI) renewed its distribution agreement with Nipro Medical for another three years. Rockwell Medical focuses on the development and commercialization of treatments against diseases such as end-stage renal disease and chronic kidney disease. Following the announcement, shares of the company declined 4% in Friday’s extended trading session after closing 6.8% higher on the day. Per the agreement, Rockwell Medical will continue to distribute its dialysis concentrates to many countries in Latin America and the Caribbean.
https://www.tipranks.com/news/rockwell-medical-extends-distribution-agreement-with-nipro
Rockwell Medical (NASDAQ:RMTI)
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