Announcement of Exclusive Distribution Agreement by Kane Biotech with Eetoys Pet Products Limited

A biotechnology firm involved in the research, development, and commercialization of products and technologies which prevent & remove microbial biofilms, Kane Biotech Inc., is thrilled to announce about the signing of an exclusive distribution contract with a leading Chinese distributor, Eetoys Pet Products Ltd.  Eetoys will be responsible for the distribution of Kane’s Oral Care products to more than 2 thousand retailers across major markets in China.

Richard Walker, Kane’s representative in the region, who is the Managing Director of the Beijing-based Canasia Enterprises Limited., introduced Kane to Eetoys in early 2018 & has been vital in the ongoing co-operation between the two firms in achieving a common objective in the China market. Given 30 years of extensive business experience of Richard in China, he offers a wealth of knowledge & expertise during the alliance’s formative stages & beyond.

The Chief Executive Officer of Kane Biotech, Marc Edwards stated that we are highly pleased with our growing relationship with Richard & are highly grateful for the introduction to such a reputable brand name in China. This distribution alliance will increase our presence & visibility in a productive, fast-growing market & creates a strong foundation for continual geographical advancement.

For maintaining their exclusiveness, Eetoys must buy at least $600 thousand of Kane Biotech products over 3 years. All product manufacturing will continue in North America, with the majority of it taking place in Canada, and all orders will be paid in advance of shipping. Also, in August of 2019, Eetoys will showcase Kane’s products at Pet Fair Asia 2019, which is one of the largest pet shows in China.

The Chief Executive Officer of Eetoys, James Chen stated that Kane Biotech has a reputable portfolio of pet products which will complement our current offerings well. We look forward to working with the Canada-based team to provide an ever-growing array of products to our large customer base.