Universal Biosensors (ASX:UBI) signed a vendor master purchase agreement with US pet retailer Chewy and launched the Petrackr veterinary blood glucose monitoring system on Amazon, according to a Thursday filing with the Australian bourse.
The company has been working with Chewy and Amazon for over nine months to build its e-commerce capability, allowing it to execute the deals, the filing said.
Shares fell more than 3% in midday trade Friday, and reached an all-time low.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.