13 February 2024
Belluscura
plc
("Belluscura" or the
"Company")
Belluscura announces
implementation of distribution agreement with Sunset HealthCare
Solutions
New Vice President of North
American Sales
Belluscura plc (AIM: BELL), a
leading medical device developer focused on lightweight and
portable oxygen enrichment technology, announces a new partnership
with Sunset HealthCare Solutions ("Sunset Healthcare") and the
promotion of Konstantin Grey to Vice President of North American
Sales.
Sunset HealthCare is a Chicago-based
manufacturer and distributor of Home Medical Equipment ("HME")
supplies offering an extensive range of quality HME products,
innovative solutions and specialised product support. It partners
with over 1,600 healthcare businesses, serving all of the United
States alongside key international accounts. Sunset
Healthcare has a network of sales representatives extending across
the US and in 150 countries around the globe.
Under the distribution agreement,
Sunset HealthCare will offer the X-PLOR® portable oxygen
concentrator ("POC") to over 1,600 customers. It is intended that
the agreement will be extended to also include distribution of the
award winning DISCOV-R™ POC in Q2 2024 when the product becomes
available to Durable Medical Equipment ("DME")
suppliers.
Belluscura also announces that
Konstantin Grey has been appointed Vice President of North American
Sales. Having joined Belluscura in July 2023, Konstantin has been
responsible for the creation and launch of Belluscura's direct to
consumer sales force and website, which has seen strong growth in
sales and gross margins since its launch last year. He also
successfully launched our unique direct to consumer leasing program
and has been instrumental in driving this new partnership with
Sunset HealthCare, as well as a healthy pipeline of further
opportunities. Konstantin has 15 years of experience in the DME
industry, including having founded and subsequently sold his own
DME company.
Robert Rauker, Chief Executive Officer, Belluscura plc,
said:
"We welcome the new partnership with
Sunset HealthCare Solutions, which will provide over 1,600
healthcare businesses with access to our innovative products
through a trusted, industry leader. This agreement significantly
expands our distribution network."
PJ Ruflin, VP
Business Development, Sunset Healthcare Solutions,
stated:
"Sunset Healthcare Solutions is
committed to finding great products and partners to support our
customers and their patients. Our partnership with Belluscura
offers a unique opportunity to bring meaningful innovation and
support to the market at a critical time."
Bob
Fary, Senior Vice President of Global Sales,
commented:
"Konstantin has been a tremendous
asset since joining Belluscura, as demonstrated by his ability to
bring on partners like Sunset Healthcare Solutions. In his
new role as VP of North America, Konstantin is set to further drive
Belluscura's mission of enhancing patient quality of life through
innovative, accessible healthcare solutions. We look forward to
building on our success to date as we launch our next generation
molecular sieve technology and DISCOV-R."
END
For
further information, please contact:
Belluscura plc
|
www.belluscura.com
|
Robert Rauker, Chief Executive
Officer
|
via MHP
|
Simon Neicheril, Chief Financial
Officer
|
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SPARK Advisory Partners Limited (NOMAD)
|
Tel: +44 (0)20 3368 3550
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Neil Baldwin / Jade Bayat
|
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Dowgate Capital Limited
(Broker)
|
Tel: +44 (0)20 3903 7715
|
James Serjeant / Nicholas
Chambers
|
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MHP
Communications (Financial PR and Investor
Relations)
|
Tel: +44 (0)20 3128 8100 / +44 7884
494112
|
Katie Hunt / Matthew
Taylor
|
Email:
belluscura@mhpgroup.com
|
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About Belluscura
plc ( www.belluscura.com )
Belluscura is a UK medical device
company focused on developing high performing, lightweight and
portable oxygen enrichment technology used in a broad range of
industries and therapies. Our innovative oxygen technologies are
designed with a global purpose: to create improved health, mobility
and economic outcomes for patients, healthcare providers and
insurance organisations.