Nexalin Technology, Inc. has signed an important deal to distribute its neurostimulation device in several Latin American countries.

NXL · Nexalin Technology, Inc.

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The deal gives Nexalin a path to sell in 7 South American countries without paying local import, compliance, marketing, or manufacturing costs. Nexalin also keeps its product rights and supplies key circuit boards. But firm orders start with just 5 devices, and later sales depend on a pilot, sales targets, and a separate manufacturing deal. The new sales route is promising, but its reach is still unproven.