Gelteq Limited announced that Healthy Extracts (OTCQB:HYEX), its largest U.S. customer, has increased its initial purchase order by 50%. The increased order is for Gelteq collagen and Mynus sugar blocker gels, citing high demand and popularity.
Production for this expanded order is currently underway, with shipment anticipated in January 2025. This development supports Gelteq’s strategic push into the U.S. market, following the recent appointment of Adam Bendell as U.S. President.
The 50% increase in demand is a testament to Gelteq's innovative products and their improved delivery platform. This growing partnership is expected to drive higher margins and accelerate revenue growth for Gelteq.
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