Misonix ups European scope with North Med partnership
This article was originally published in Clinica
Executive Summary
Minimally-invasive ultrasonic technology developer Misonix is set to extend access to its technology in the EU, after teaming up with European distributor North Med. The firms have come together in a two-year exclusive distribution deal that will see Prague-based North Med make Misonix’s SonaStar ultrasonic surgical aspirator, BoneScapel ultrasonic bone cutter and SonicOne ultrasonic wound debrider available in the Czech and Slovak republics. According to Misonix (Farmingdale, New York), its product portfolio is aimed at a combined market valued at around $3bn. The exact financial terms of the deal, which includes minimum purchase requirements, were not revealed. Previously this year, Misonix expanded its European reach by signing a deal with Russian distributor Intermedica, to make its Sonablate 500 high intensity focused ultrasound (HIFU) system available in Russia and surrounding countries (see Clinica No 1316, p 14).