OxySure® Systems, a medical device innovator of life-saving, easy-to-use emergency oxygen solutions with its “oxygen from powder” technology, has announced the company has signed a distribution contract with Ajad Medical to be the company’s exclusive distributor in the Kingdom of Saudi Arabia.
The contract has a minimum contract value of $2.46m and requires a minimum purchase of 18,000 units of the company’s portable emergency oxygen system (Model 615) and replacement cartridges over three years to maintain exclusivity.
As one if its key initiatives, Ajad Medical intends to deploy OxySure as a safety and resuscitation solution for the massive annual pilgrimage to the city of Mecca, called the Hajj. Attendance of the 12-day religious ceremony has grown dramatically and is expected to comprise approximately four million pilgrims in 2014.
The growing number of pilgrims poses a logistics challenge for the Saudi government who has, since the 1950s, spent more than $100bn to enhance pilgrimage facilities and safety.
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