[8-K] KORU Medical Systems, Inc. Reports Material Event
Rhea-AI Filing Summary
KORU Medical Systems, Inc. entered into an Amended and Restated Manufacturing and Supply Agreement with Command Medical Products, Inc. on November 19, 2025. Effective as of January 1, 2024, the agreement replaces a prior manufacturing and supply agreement dated November 11, 2020.
Under the agreement, Command will manufacture and supply KORU’s subassemblies, needle sets and tubing products according to KORU’s specifications and purchase orders. The agreement runs through December 31, 2026 and automatically renews for one-year terms unless either party elects not to renew under its terms.
Either party may terminate the agreement for an uncured material breach within 45 days, upon the other party’s bankruptcy or insolvency, or as otherwise provided. The agreement also sets out terms for pricing and payment, rebates, purchase commitments based on KORU’s forecasts, and includes customary provisions covering delivery, inspection, warranties, quality management, business continuity, handling and transport, intellectual property, confidentiality and indemnification.
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Insights
KRMD secured a multi‑year restated supply deal for key components.
KORU Medical Systems has restated its manufacturing and supply relationship with Command Medical Products, effective from January 1, 2024 through December 31, 2026, with automatic one-year renewals. Command will continue to supply subassemblies, needle sets and tubing products that support KORU’s infusion systems under updated terms.
The agreement formalizes pricing and payment, rebates, and purchase commitments tied to KORU’s forecasts, which can help align production with expected demand. It also includes typical operational protections such as delivery and inspection procedures, warranties, quality management, and business continuity plans, which are important for medical-device reliability.
Termination rights for uncured material breach within 45 days and for bankruptcy or insolvency create defined exit paths for both parties. Future disclosures about any changes to this relationship or non-renewal after December 31, 2026 would be relevant for understanding KORU’s manufacturing arrangements, given the importance of these components to its product offerings.