Nexalin Technology Targets South America with 10-Year Commercial Push
Nexalin Technology (NASDAQ:NXL) is putting a major commercial marker on the board with a definitive exclusive distribution and local manufacturing agreement covering Brazil and six additional South American markets. The 10-year agreement with Inovanexa Medical Technologies gives the distributor exclusive rights across Brazil, Argentina, Chile, Uruguay, Paraguay, Ecuador and Venezuela, representing a combined population of more than 300 million people. For Nexalin, the development shifts the story beyond clinical development and toward commercialization of its ANVISA-approved Nexalin Sync™ non-invasive neurostimulation technology.