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Gelteq Limited (NASDAQ:GELS) ("Gelteq" or the "Company"), a clinical and science-based company focused on developing and commercializing white label gel-based delivery solutions for prescription drugs, nutraceuticals, pet care, sports and other products, today announced a major expansion of its U.S. commercial strategy through an exclusive logistics and distribution agreement with Healthy Extracts Inc. ("Healthy Extracts")(OTCQB:HYEX), a publicly traded company focused on plant-based health supplements.
The agreement names Healthy Extracts as Gelteq's exclusive North American storage, shipping, and fulfillment partner, further building on the earlier purchase order placed by Healthy Extracts for Gelteq products. By partnering with Healthy Extracts, Gelteq expects to rapidly scale distribution of its proprietary delivery technologies across the United States and Canada while significantly reducing costs and boosting revenue potential.
Under the new agreement, Healthy Extracts will manage all product receiving, secure warehousing, inventory, and order fulfillment from its Henderson, Nevada facility, which is optimized for high-volume distribution.
