Meridian extends into Taiwanese market:
This article was originally published in Clinica
Executive Summary
Seoul, Korea-based manufacturer Meridian has signed a contract with Oliver, a Taiwanese medical equipment importer, for the exclusive national distribution of its Lapex 2000 LipoLaser. Oliver's licence is based on a minimum order volume equal to sales of $750,000 for an initial 12-month period. Oliver has pre-paid $100,000 for the first instalment of the initial purchase order. The Lapex 2000 is a noninvasive fat-reduction device that induces deep tissue warming to enhance microcirculation.