Creo Medical has announced it has entered a Distribution Partner Framework Agreement with Meditek Systems in India. In line with previous framework agreements signed by the company, Meditek will work with Creo to establish the Clinical Education Programme to train Indian clinicians in the use of the Speedboat device and CROMA Advanced Energy platform. Meditek will seed the market with equipment prior to entering a long-term distribution agreement. We maintain our Buy recommendation.
26 Sep 2019
Cenkos: Creo Medical Group Plc - Indian framework agreement
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Cenkos: Creo Medical Group Plc - Indian framework agreement
Creo Medical Group Plc (CREO:LON) | 34.8 0 0.0% | Mkt Cap: 125.6m
- Published:
26 Sep 2019 -
Author:
Chris Donnellan -
Pages:
5
Creo Medical has announced it has entered a Distribution Partner Framework Agreement with Meditek Systems in India. In line with previous framework agreements signed by the company, Meditek will work with Creo to establish the Clinical Education Programme to train Indian clinicians in the use of the Speedboat device and CROMA Advanced Energy platform. Meditek will seed the market with equipment prior to entering a long-term distribution agreement. We maintain our Buy recommendation.