Endologix (NSDQ:ELGX) this week announced a joint R&D and exclusive distribution deal with Japan Lifeline and released case review results from the 1st-in-human use of its Ovation Alto stent graft designed for endovascular aneurysm repair. The Irvine, Calif.-based company said it inked a deal with Japan Lifeline to jointly invest in development, clinical research and commercialization […]
Distribution
Veniti inks distro deal with Boston Scientific for Vici venous stent
Veniti said today it inked a limited global distribution deal with Boston Scientific (NYSE:BSX) for its Vici venous stent. The companies did not release details on which regions Boston Scientific would distribute the stent in or any financial terms of the deal. “The Vici venous stent is widely recognized as state-of-the-art technology for venous stents and physicians […]
Cook Medical urology biz launches Mauna Kea’s Cellvizio
UPDATE: Corrected to reflect that the launch was global, and not limited to the US. Cook Medical said today its urology business has launched Mauna Kea‘s (ENT:MKEA) Cellvizio confocal laser endomicroscopy system, with a deal to distribute the device globally. The Cellvizio device is designed for use in a variety of surgical procedures, providing real […]
Report: Chinese medical device market growing faster than pharma
The medical device industry in China is experiencing rapid growth when compared to the global medtech market, as well as its pharmaceuticals industry, according to a report from China Med Device. Between 2005 and 2015, the medical device market in China hit an annual growth rate of greater than 20%, according to the report, with […]
Align Technology, Patterson Dental ink deal for iTero Element scanner
Align Technology (NSDQ:ALGN) and Patterson Dental (NSDQ:PDCO) shares got a boost today after the companies said yesterday that they inked a non-exclusive distribution deal for Align’s iTero Element intraoral scanner. The scanner, used with Align’s Invisalign orthodontic device, is slated to hit the U.S. and Canadian markets under Patterson’s aegis next month, the companies said. “We’re pleased […]
Getinge launches Biotronik’s Pulsar-18 SES in the US
Getinge (PINK:GETI B) said today it launched Biotronik‘s Pulsar-18 self-expanding stent in the US, operating as Biotronik’s distributor in the region for its portfolio of peripheral artery disease devices. Biotronik claims that the Pulsar-18, which won FDA clearance in March, is the only approved superficial femoral artery self-expanding stent with a 4-French delivery system, which it said […]
Viveve inks distro deal with InControl Medical, posts Q2 miss
Shares in Viveve (NSDQ:VIVE) have stayed steady today after the company announced a new exclusive distribution deal with InControl Medical and released 2nd quarter earnings that missed expectations on Wall Street. Under the agreement, Englewood, Colo.-based Viveve said it will be granted exclusive rights to distribute all of InControl Medical’s products to healthcare providers in the […]
Reva Medical pursues direct-sales after Boston Scientific distro negotiation deal lapses
Reva Medical (ASX:RVA) said today it will take up direct marketing of its peripheral and vascular scaffolds after Boston Scientific‘s (NYSE:BSX) right to negotiate for exclusive distribution of the products expired. San Diego, Calif.-based Reva said that Boston Scientific had gained the right to negotiate for exclusive distribution rights under a 2007 agreement which would have positioned […]
Abbott inks distro deal with Roxwood Medical
Cath developer Roxwood Medical said today it inked an exclusive distribution deal granting Abbott (NYSE:ABT) to distribute its products in the US. Through the deal, Abbott will gain exclusive distribution rights to Roxwood’s anchoring catheters and microcatheters, including the CenterCross Ultra, MultiCross and MicroCross devices designed for the percutaneous treatment of chronic blockages. “This partnership with Abbott’s […]
ConvaTec picks up US distributor Woodbury Holdings for $121m
ConvaTec (LON:CTEC) said today it agreed to acquire US-based distributor Woodbury Holdings from MTS Health Investors for approximately $120.5 million. Floral Park, N.Y.-based Woodbury Holdings is an independent national distributor of incontinence and catheter products, as well as nutritional, enteral feeding and vascular compressions supplies, Convatec said, providing direct-to-home delivery across the US. With the acquisition, […]
Report: Cardinal Health puts Chinese drug distro biz on the auction block
Cardinal Health (NYSE:CAH) is reportedly shopping its Chinese drug distribution business, drawing keen interest from state-backed pharmaceutical firms in a deal that could be worth as much as $1.5 billion. Citing “sources familiar with the matter,” Reuters reported that Shanghai Pharmaceutical, China Resources Pharmaceutical Group and Sinopharm Group are among the potential bidders for Cardinal Health China, […]