The Female Health Company wins up to 11m FC2 Female Condoms deal in South Africa
M2 EquityBites, September 20, 2011
Female condom supplier The Female Health Company (NASDAQ-CM:FHCO) reported on Monday the receipt of an agreement to supply up to 11m FC2 Female Condoms to the Ministry of Health (MOH) in South Africa.
This contract was awarded to the company's exclusive distributor in the Republic of South Africa (RSA), Sekunjalo Investments Corporation (PTY) Ltd.
Effective through 31 August 2012, the units supplied during the contract term can be
increased over the specified quantity at the purchasers' request.
The company added the FC2 Female Condom has been approved by the FDA as a Class III medical device and has been cleared by the World Health Organisation for purchase by U N Agencies.
