Clever Culture Systems Expands Sales Reach with PSC Biotech
Key points
- PSC Biotech named Sales Agent for APAS® Independence in US, Canada, and Singapore
- New channel targets regional and mid-tier pharmaceutical manufacturers
- PSC Biotech to purchase one APAS® Independence instrument
Full summary
Clever Culture Systems Ltd (ASX: CC5) has appointed PSC Biotech Corporation as the Sales Agent for its APAS® Independence system in the pharmaceutical manufacturing markets of the United States, Canada, and Singapore. This partnership aims to extend CCS's sales reach beyond its current focus on the top-20 global pharmaceutical companies, targeting regional, medium, and large pharmaceutical manufacturers. PSC Biotech will leverage its established customer relationships to identify new sales opportunities, creating a complementary sales channel to CCS's direct 'Land & Expand' strategy. PSC Biotech will receive a commission on hardware sales, while CCS retains control of sales closure, instrument pricing, and all recurring software and service revenue. The partnership is expected to generate a meaningful increase in qualified sales opportunities over the next 12 months.
Guidance
APAS® Independence instrument sales expected to increase from FY28
Outlook
The partnership is expected to create a scalable additional source of qualified sales opportunities, providing an expected uplift to APAS® Independence instrument sales from FY28 onwards.
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