Henry Schein signs agreement with Grifols to distribute saline solution in US: 5 takeaways

Grifols signed a distribution with Henry Schein to allow Henry Schein to distribute the company's Normal Saline solution it the U.S.

Here are five takeaways:

1. Grifols' 500 milliliter Normal Saline solution earned FDA clearance in 2017. The company currently manufactures the product in Murcia, Spain.

2. The distribution agreement follows rising demand for the type of saline solution in the U.S. Both companies hope this agreement will lead to future partnerships.

3. Henry Schein's global distribution network comprises 63 warehouses. The company ships 99.9 percent of its orders the same day, with 99 percent delivered within two days.

4. Grifols plans to expand its manufacturing capacity into Barcelona, Spain. The plans include new production lines of IV solutions that will enable the plant to add production capacity by an additional 20 million units.

5. Grifols is a top provider of plasma-derived medicines and a leader in the research and development of therapeutic alternatives.

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