MyDx signed an agreement with Arrow Electronics to scale its supply chain and contract manufacturing capabilities for its MyDx product line. Arrow will provide end-to-end supply chain management and contract manufacturing support, technical support and a credit facility for the MyDx chemical analyzer product line.
Daniel R. Yazbeck, chairman and CEO of MyDx, said, “Having recently announced our first major distribution deal with more than 10,000 units slated for its first year, MyDx needed to scale up its manufacturing capacity and supply chain management. The agreement brings MyDx practically unlimited manufacturing capacity with unrivalled production, quality control, supply chain management and technical expertise as we prepare the launch of OrganaDx, AquaDx and AeroDx. It also provides MyDx with the same financial terms as would otherwise benefit a much larger and established company, enabling us to manage our cash flow with far greater efficiency.”
Englewood, CO-based Arrow Electronics, a Fortune 150 company, is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions.
San Diego-based MyDx is a chemical detection and sensor technology company that has developed a patented, affordable portable analyzer that provides real-time chemical analysis and fits in the palm of consumers’ hands.