ASX-LISTED organic baby food and infant formula producer Bubs Australia yesterday confirmed a major focus on the pharmacy channel, signing agreements with Sigma Pharmaceuticals nationally and Symbion in NSW and WA.
The company has also started distributing some of its products through Chemist Warehouse, with Bubs Advanced Plus Infant Formula products also available on the Chemist Warehouse e-commerce platform including the Tmall flagship store in China.
Bubs Australia md Kristy Carr also confirmed the launch of the products in Discount Drug Stores.
"The distribution agreements announced today are a significant demonstration of our ability to deliver on our strategy to consolidate and grow our domestic position in the important pharmacy channel," she said, with expectations many new stores will be adding the products this year.
After the announcement yesterday the Bubs Australia share price surged almost 30% to 22c.
Bubs Australia became publicly listed last month after raising $5.15 million in capital at 10c per share.
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