EastGate Biotech Corp. announced that the company has entered into a licensing and distribution agreement with Stenergy LLC and Butero Farms for the company’s nutraceutical product, Glucora. The licensing agreement includes a licensing fee of $3 million which will include a combination payment in cash and sales-driven funds. In the past year, consumers have turned to online shopping which massively accelerated the growth of e-commerce. According to an Adobe report released this year, total online spending hit $82.5 billion in May 2020; up 77% year-over-year. This increased e-commerce surge coupled with overall consumer interest in health products is one of the driving forces of this licensing and distribution agreement. Stenergy LLC/Butero Farms intends to include social media marketing and other e-commerce platforms to launch and initiate marketing and sales of Glucora.