Bioelectronics Corp (BIEL)

[srinsocal]

Congrats BIEL Longs!!!, Major Distribution w/ STADA

Congratulations to Erin Sanders for bring STADA on board as a BIEL Distrbutor!!! Ertin signed STADA for Saudia Arabia and Bahrain in 2/2022. Apparently STADA liked ActiPatch and is now expanding ActiPatch Distribution into other markets.

STADA is the Big Leagues Ladies & Gents:

* Servicing customers in 120 countries

* 2021 Revenue of $3.59 Billion

* 8% Revenue gain from 2020 to 2021

* 12,300 Employees

* STADA has been growing agressively for several years since the deep pocket investment firm of Bain Capital accquired them in 2017 for $5.6 Billion

* 1/2022 STADA expands production network with EUR50m project in Romania

* 6/2021 STADA further grows European Consumer Healthcare portfolio by acquiring 16 well-established brands from Sanofi

* 12/2020 STADA delivers double-digit growth in 2019 as it invests to lead Consumer Healthcare and Generics core segments

* 5/2020 STADA closes acquisition of Walmark, creating a winning portfolio for Central Europe

* 4/2020 STADA takes clear lead in Russian consumer healthcare sector $660 million transaction of a Russian brand portfolio from Takeda

* 2/2020 STADA becomes a major Consumer Healthcare player by acquiring 15 well-established GSK brands

* 2/2020 STADA to acquire established OTC and food supplement portfolio in the Philippines