Pure Bioscience has secured this contract from High Scope Trading of Dubai through its sales agent, Richmont Sciences and has already supplied the initial order for approximately $350,000 to Richmont.
The revenue generated from the water treatment contract with High Scope Trading in expected to reach $9m in the first year and eventually increase to $21m annually in year ten for Pure Bioscience.
Pure Bioscience claimed that about two ounces of IV-7 Water Treatment, which contains Pure’s patented SDC technology, based on a proprietary molecule of ionic silver stabilized in citric acid, has the capacity to provide 200 gallons of treated drinking water in just minutes.
Richmont chairman John Rochon said that from the beginning of the alliance with Pure a year ago, Richmont has taken a comprehensive, multi-part and global approach to bringing the lifesaving IV-7 water treatment products to the world.
