MedWatch

Analyst on US Coloplast contract: Important contract – volumes will probably increase

It's incredibly important for Coloplast that the medtech company has landed a deal to sell ostomy products by way of the largest group purchasing organization in the US, Vizient, according to senior equity analyst. He expects the new contract will lead to increased volumes in the long term.

Photo: Sydbank/PR

The purchasing contract that Coloplast has entered into with the largest group purchasing organization (GPO) in the US, Vizient, is highly significant.

Whereas Senior Equity Analyst Søren Løntoft Hansen from Danish bank Sydbank does not expect that the agreement will have much impact in the current fiscal year, he foresees that it might lift Coloplast's total sales volumen in the long term, which Løntoft Hansen tells media Ritzau Finans.

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