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Haemonetics Corporation $HAE announced that it has signed a supply agreement with plasma harvesting company CSL Plasma Inc., rising 16% today to test a 52-week high
• CSL is expected to gradually migrate some of the plasma collection centers across the US to Haemonetics devices. This situation has the potential to significantly increase the company's disposable consumable sales and market share in the long run.
• The company recently announced quarterly earnings of $1.14 per EPS and revenue of $339.4 million, a +5.5% YoY, exceeding expectations in its quarterly earnings report (August 6).
#Plasma #Stock #Medical