02.11.2017 07:30:31
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DGAP-News: curasan AG
DGAP-News: curasan AG / Key word(s): Agreement/Strategic Company Decision curasan Inc. announces Orthopedic Private Label Distribution Agreement Kleinostheim, Germany / Research Triangle Park, NC, USA, November 2, 2017 - curasan Inc., the US-subsidiary of curasan AG (ISIN DE0005494538), a leading medical supplier specializing in dental and orthopedic biomaterials, announced a private label distribution agreement with Xtant Medical (NYSE:XTNT Belgrade, Montana USA), a leader in the development and distribution of regenerative and orthopedic fixation medicine products. Xtant Medical will distribute several key orthopedic curasan products in the USA and Canada utilizing curasan's flagship CERASORB foam technology using Xtant's brand Matriform. With the addition of Matriform foam to Xtant's portfolio, Xtant will now offer an innovative synthetic platform with demonstrated clinical results and excellent handling characteristics complementing their current allograft and hardware portfolio ultimately providing surgeons with a choice in grafting materials. "We are excited to be enhancing our biologic portfolio offering with a line of synthetic scaffolds, which will make us a comprehensive biologic supplier for our customers and their patients," said Carl O'Connell, CEO of Xtant Medical. "Our team has been very strategic in finding a partner with a product that meets our expectations for superior handling and clinical efficacy with proven mechanisms of action." "Thanks to the cooperation with such a forward-thinking company as Xtant Medical we will expand our distribution footprint within North America substantially," said Michael Schlenk, CEO of curasan AG. "Xtant has a great reputation for providing innovative and relevant products to orthopedic surgeons." Therefore, curasan expects the first significant sales from the cooperation in 2018. About curasan AG: About Xtant Medical:
02.11.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | curasan AG |
Lindigstraße 4 | |
63801 Kleinostheim | |
Germany | |
Phone: | 06027/40 900 0 |
Fax: | 06027/40 900 29 |
E-mail: | info@curasan.de |
Internet: | www.curasan.de |
ISIN: | DE0005494538 |
WKN: | 549453 |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
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623977 02.11.2017
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