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PDI gets $17 million sales contract

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Health care company PDI Inc., of Parsippany, announced Wednesday the signing of a new sales contract that it estimates could generate revenue of up to $17 million over its two-year term.

Under the agreement, PDI will provide a dedicated team to promote a therapeutic product to neurologists and pain specialists. According to a news release, PDI said between $5 million and $6 million of revenue could be recognized in 2013, beginning in the second quarter. PDI did not disclose with whom it signed the contract.

Write to the Editorial Department at editorial@njbiz.com

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