Novateor Research Laboratories has entered into a supply agreement with Pidilite Industries. Under the terms of the agreement, the company has been engaged on an exclusive basis for the development, manufacture, packing and supply of certain products incorporating an enzyme-based formulation, in accordance with the specifications, quality standards and requirements prescribed by Pidilite Industries.
The products covered under the agreement include Aligner Cleaning Foam and Tooth Brightening Strips, which will be marketed under the brand name determined by Pidilite Industries. The agreement provides for an exclusive manufacturing and supply arrangement, with the products to be supplied exclusively to Pidilite Industries in accordance with the terms of the agreement and the purchase orders issued from time to time.
The agreement is valid for a period of three years from October 15, 2026, unless terminated earlier in accordance with its terms, and may be renewed for such further periods as may be mutually agreed upon in writing. The pricing and payment terms shall be mutually agreed upon in writing and specified in the relevant purchase orders from time to time.
Novateor Research Laboratories is engaged in developing novel personal care products. It has a research facility to provide commercial and clinical advantages.
