Healthcare Industry News: Olympus
News Release - February 2, 2011
Sonoma Orthopedic Products(R) Announces Key License and Distribution Agreement for JapanDistribution Agreement Expands OUS Presence
SANTA ROSA, Calif., Feb. 2, 2011 -- (Healthcare Sales & Marketing Network) -- Sonoma Orthopedic Products announced that it has entered into a licensing and distribution agreement with Ai-Medic, a subsidiary of Olympus® Business Creation Corporation. Ai-Medic is a leading supplier of orthopedic products in the Japanese market, especially in the area of clavicle fracture fixation. The agreement includes significant license fee and revenue commitments.
Guy K. Williamson, Senior V.P. of Marketing and Business Development commented, "The Japanese market is a key market for all orthopedic companies, and we are very pleased to be associated with a leader such as Ai-Medic. We believe WaviBody™ Technology will be well accepted by Japanese surgeons, who tend to be forward thinking. This event could very well lead to additional distribution opportunities with Ai-Medic and we look forward to working with them to build the Sonoma brand in Japan."
About Sonoma Orthopedic Products, Inc.
Sonoma Orthopedic Products is a private orthopedic device company specializing in the development and marketing of least invasive, fracture specific implant systems for addressing problematic fractures. Located in Santa Rosa, CA, the company is bringing significant new treatment options to the orthopedic trauma market.
Source: Sonoma Orthopedic
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