LumiThera said today it inked a distribution deal with Nikon (TYO:7731) subsidiary Optos to distribute its Valeda light delivery system intended for use in treating dry age-related macular degeneration. The deal will position Optos as the exclusive distributor of the device in 12 European countries, the Seattle-based company said. The device has already won CE Mark approval in the […]
Distribution
Establishment Labs inks asset repurchasing deal with German, Spanish distributors
Breast implant maker Establishment Labs said today it inked a number of asset purchase agreements with distributors in Spain and Germany to repurchase stock they had previously held, according to an SEC filing. The Costa Rica-based company said it inked an asset purchase deal with Motiva Matrix Spain SL for assets including all existing inventory previously sold […]
Otsuka inks collab deal to bring Abilify Mycite drug-device combo to US
Otsuka Pharmaceutical (TYO:4578) said today it inked a collaborative deal with health management group Magellan Health to distribute its drug-device combo Abilify Mycite in the US. The Tokyo-based pharmaceutical company touted the Abilify Mycite system as the first FDA-approved drug-device combo designed to track drug ingestion, and said that the tracking data will be integrated into […]
Biotronik to distribute InfoBionic monitor in U.S.
Biotronik has landed exclusive U.S. distributorship for InfoBionic’s MoMe Kardia external cardiac diagnostic monitor. MoMe Kardia was designed to increase early detection and diagnosis of cardiac arrhythmias by providing physicians with the ability to access near real-time electrocardiographic data. Monitoring can also uncover patients at higher risk of sudden cardiac death. Get the full story on our sister […]
BD inks UAE insulin pen distro deal with Julphar
Pharmaceutical manufacturer Julphar said yesterday it inked a deal with BD (NYSE: BDX) to supply disposable insulin pens to the United Arab Emirates. Through the deal, individuals will be able to purchase BD’s Vystra disposable pens featuring Julphar’s human insulin formulations, including its Jusline R, Jusline N and Jusline 30/70. The same system is slated to be […]
Olympus and FlexDex take aim at big, expensive robots
Olympus has signed an agreement with FlexDex Surgical to compete with full-blown robotics systems designed for minimally invasive procedures, the companies said today. Olympus agreed to distribute FlexDex’s (Brighton, Mich.) wrist-worn Needle Driver robotic device designed to simplify suturing in difficult-to-reach areas of the abdomen. Needle Driver has a three-axis gimbal that attaches to the surgeon’s wrist to control […]
NuCryo Vascular inks PolarCath distro deal with Lokai Medical
Privately held cryoplasty developer NuCryo Vascular said today it inked a deal with Lokai Medical to distribute its PolarCath balloon dilation system in the US. San Jose, Calif.-based NuCryo Vascular’s PolarCath system is designed to be used in Balloon Cryoplasty procedures to treat peripheral artery disease. The system has FDA approval and is cleared to […]
TSO3 drops Getinge, lands $20m debt round for Sterizone VP4
TSO3 (TSE:TOS) said today it is dropping a distribution agreement with Getinge and that it inked a $20 million debt financing deal with a fund under advisement by Courage Capital Management to support commercialization of its Sterizone VP4 sterilizer. The company’s Sterizone VP4 is a low-temperature sterilization system which uses dual-sterilants of vaporized hydrogen peroxide and ozone […]
Report: Cook Medical warns of Brexit-imposed UK importation issues
Cook Medical is concerned that the Brexit may affect its ability to export products from Ireland to the UK after 2020, according to a new Irish Times report. The Bloomington, Ind.-based company, which employs 850 people in Limerick, Ireland, is looking to extend a transition agreement originally slated to end in 2020 until 2025 to allow […]
CHF Solutions enters the German marketplace
CHF Solutions (NSDQ:CHFS) said today it has entered the German market after expanding its relationship with German business solutions resource HSC-Medical. The Eden Prairie, Minn.-based company said that HSC-Medical will serve as both a fulfillment house and logistical support for its products in the region, while CHF Solutions’ own international sales team will provide direct sales support. […]
Zimmer Biomet ends BoneSupport Cerament BVF distribution deal
BoneSupport said today that its US exclusive distributor Zimmer Biomet (NYSE:ZBH) has cancelled the majority of its orders for Cerament bone void filler for a three month period starting in June. The move comes after the Sweden-based orthobiologic producer announced plans to develop its own US-based distribution network, which includes cancelling its distribution agreement with Zimmer Biomet. “Today’s […]