Deals secure new markets for VSM MedTech:
This article was originally published in Clinica
Executive Summary
Paris, France-based NM Medical is to distribute VSM MedTech's automated noninvasive blood pressure monitor, BpTRU. Under the exclusive agreement, VSM Medtech will have access to the UK, France and Belgium - markets that have approximately 25 million cases of uncontrolled hypertension. The Vancouver, British Columbia-based company terminated a recent arrangement, covering the UK and Ireland, with Henleys Medical Supplies in favour of NM Medical's broader network of European markets. The deal comes hot on the heels of a similar agreement with Wakefield, Massachusetts-based Nova Medical, which will have exclusive distribution rights in Mexico and central and South America - a region that has an estimated 120 million hypertension sufferers.