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JOMED sets up subsidiary in Singapore:

This article was originally published in Clinica

Executive Summary

JOMED is to set up a subsidiary in Singapore to sell its minimally-invasive vascular intervention products. The privately-owned Swedish company previously used an agent to sell its products. The new subsidiary will serve as a base for sales in other neighbouring markets such as Malaysia, Thailand, Indonesia and the Philippines, JOMED says. The company, which has manufacturing and R&D sites in Germany and Switzerland, also plans to float in Germany.

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