MELBOURNE, Australia, Dec. 7, 2016 /PRNewswire/ -- Australian innovator Rhinomed (ASX:RNO) is seeking to transform the way consumers view sleep by teaming up with sleep giant The Linde Group through its subsidiary BOC Limited.
Together the pair are setting their sights on transforming the Australian sleep market and the way consumers access sleep-related products and support. The agreement sees BOC handle logistics within Australia for Rhinomed's breathing technologies Mute and Turbine, as well as fulfill and supply all of Rhinomed's existing customers.
The new relationship will add significant scale and reach to Rhinomed's footprint by bringing to bear BOC's considerable presence in sleep services and sleep apnea products. In addition, Mute will also be sold into mainstream retail through convenience stores nationwide.
As Rhinomed CEO Michael Johnson says: "We have a compelling solution for the 1 in 4 people who suffer from nasal congestion and the almost 1 in 2 who snore. This regional relationship with BOC and Linde, as one of the biggest suppliers of CPAP and sleep services, is a watermark milestone for Rhinomed. It ensures that Mute can be a frontline solution for the millions of Australians who want to investigate how they can stop snoring and start sleeping better."
Rhinomed has enjoyed a rapid trajectory over the past 12 months, launching into the UK and US and securing its presence in top tier pharmacies such as Boots, Walgreens, CVS Health as well as opening up wholesaling agreements with McKessons. Mute is also sold through Linde Group's US operation Lincare, which sells its Mute technology through the 1800cpap.com site.
Rhinomed's technology provides a frontline solution to sleep disordered breathing which can result in a variety of sleep problems. Mute complements BOC's current sleep offering by providing an affordable, easy-to-use product for assisting with nasal congestion and snoring.
Mike Danielson, Media Relations Inc.
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SOURCE Rhinomed Limited