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Singapore eDevelopment heartened by iGalen’s first-month sales

PC Lee Published on Thu, Mar 16, 2017 / 6:29 PM GMT+8

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SINGAPORE (March 16): Singapore eDevelopment says iGalen International Inc, the distributor of dietary supplements, achieved sales orders amounting to US$689,800 ($977,912) in the first 30 days of operations.

Launched in North America, iGalen started only with a single patented product, Emulin+ which garnered 1,500 orders across a network of 4,400 distributors.

“The Board is encouraged by the first-month performance of iGalen,” says SeD in a filing after the market closed on Thursday, “and is confident that with the addition of new products and the enlargement of its distributor network, iGalen is on track to become one of the Group’s expanded revenue streams.”