Rockwell first conference XXXX webcast. results call thank today Thank you, you joining quarter for us Heather. Medical's and for and morning Good
the to we in last with quarter report during our I to plan to significant made XXXX, of achieve progress am concentrates XXXX. year optimize business announced on goal and profitability the first Rockwell we the pleased that
to Rockwell's In grow. revenue quarter, continued the first
operating our down. to improve Our profit expenses and go continued gross continued to
Let first you our Rockwell through achieved in quarterly results. of the its quarter walk highest date me XXXX. revenue to
diligently key on achieve us three Our team strategies, to has we been working will commercial which to enable continue to commercial believe execute success. growth
transition the optimized arrangements. Rockwell purchase back business and the to First, Baxter of
in business the the time United time, grow our and Second, a and internationally. for long first in concentrates States
and Third, expand our finally geographic presence.
each We progress are making on commercial these of initiatives.
control United which late XXXX, Baxter year, back distribution January to on this the we hemodialysis that business, control internationally. of XXX% optimizing On our announced acquired been of the Rockwell. this we from heavily and have In States we Xst regain of concentrates business rights focused and assumed we in for transitioning
The to first supply ensure in agreements. based on to existing continued transition we this that their purchase customers was Baxter step
commercial been the with at of the prepared and to well team along months the prepared assume for in was has customers date start Our the communicating this advance this of of transition control way this business year.
Baxter from and transition many you process. recall, been Baxter instances about Therefore, in the customers Rockwell the subsidiary, payment our many has If removing Transportation. Rockwell were directly products had from delivered ordering this already by simply of
I am currently platform. and been transition that and pleased selling success has product Rockwell's customers to the a report through to we delivering are
Rockwell, systematically directly is economics. establish agreements working each with customer new with now Our team to with commercial preferred
We in quarter the revenue anticipate the We XXXX from in and are second already we are benefits progress realizing more and will making of effort realize significant beyond. this changes. these
concentrates. adding hemodialysis supplier work of achieve the focused we as addition the Baxter profitability business in growing commercially to we global towards by customers been new becoming XXXX and concentrates transition, on In hemodialysis to have drive our leading
supply we signed quarter, announced agreements. During we that the two first long-term
in provider provider of non-profit the dollar the the multi-million supply Concerto United dialysis is Renal nursing The And facilities with second multi-million Services, States. year agreement purchase in product largest three agreement largest dollar agreement in the year first is States. the a United with skilled agreement a three dialysis
our Each potential of grows. these as the business arrangements include multi-year annual customers commitments and minimum increase purchase to has
we in quarter non-exclusive established of two XXXX, agreements the States. During new the United largest the also with first of distributors
The first Cardinal agreement Industries. the with second with was Medline Health,
a agreements the anticipate are for domestically of that internationally They first establishing year. is Rockwell. both many and Geographic distribution this we expansion, focus also major
capabilities look to our ways the distribution the cost United continue We portion in expand effective States. to of western at
and progress Arizona Utah. a on great basis making products are our limited and to distributing are California, We now
West continue sell Coast However, a allow products to that our more directly distribute we to us pursue to concentrated the and would in West clinics. approach and consistent dialysis
large a products Africa. North currently and growing throughout business in Asia America, various has its Rockwell international concentrate countries America, South sells and Additionally, and hemodialysis
Our accounts approximately Rockwell's business favorable our and produces for economics revenue, XX% revenue diversifies international of base.
international Subsequent to first agreement announced expansion an we with business the an of UAE. for quarter, the first our time the supply to
where enhance regions identify products have efforts we meaningful as to on our team look commercial working a Our internationally hard our patients. impact would is to
key Another of is expenses. reducing on strategy our component focused
that reduction pricing make expenses materials, continued raw on delivering functional headcount, our areas. across of optimization in third-party on carriers for all our have and We products. distribution reliance This better business to to continue reduced our changes reduced networks includes selective
These the the as processes can significantly our lower of route were as We loss as optimization in quarter, and manufacture from for expenses translated are lower well manufacturing automation quarter last to examine additional a cost continuing products. improved operating efforts ways net the reduced fourth into which to year. we our strategies
Rockwell aggressively add new manufacturing expertise space, concentrates continues growth as the for that advantage take as opportunities our previously, of spoken capabilities. will within consolidation well opportunities Additional opportunities, to look as business products about portfolio to our we've and at from come to development.
hope on more our to opportunities be efforts and to these These able to We calls. accretive be say to need consistent with achieve about future profitability. goals
development the TRIFERIC. the I on to turn wanted I to brief international Before of over a with you update call Paul, provide
commercialize respective countries. partnerships their we've looking develop Rockwell As previously, several and in has international discussed to TRIFERIC with companies
a require partnerships these capital very Rockwell. little no operational international from expenditure and resources As reminder,
there While have our they and they forecast. have be to not the assurance revenue for into we can company, no generate revenue this that factored and the potential near will long-term
to quarter, announced marketing and respectively. Subsequent in GMP Drogsan that application submitted which to status our status the Agency, for Drogsan and Turkey, we a AVNU Medicines TRIFERIC priority Medical application the authorization for received partner Pharmaceuticals, priority Devices first a high Turkish and
with that granted have the in Drogsan accelerated TRIFERIC Turkey Taking made anticipate was Regulatory decisions in into business our for Turkish review a forward TRIFERIC we and consideration to stronger, are approval The for We Authority. company XXXX. AVNU put an in in make to going with profitability strategy stable the financial continue XXXX position. and consistent more to achieve drive to AVNU our
We on well our are way.
the to Paul our updates call you for turn that, With financial I to quarter. Paul? the with over provide will
