Nutritional Growth Solutions (ASX:NGS) has secured a distribution agreement with CVS Health to launch the 'Happy Tummies' Prebiotic Fiber & Probiotic Supplement in 4,500 US stores by the third quarter of the year, with potential expansion to 8,000 locations, according to a Tuesday filing with the Australian bourse
The company will also introduce its Whey Protein & Nutrition Mix 'Grow Daily' in 1,000 stores, the filing said.
This move is expected to generate incremental annualized revenue of AU$3.5 million with production set to begin in June, the filing added.