Here are five takeaways:
1. The agreement extends the companies’ partnership for up to seven years.
2. Japan Medicalnext, a Mitsubishi subsidiary, is known for medical device distribution in the spinal surgery market.
3. In April, K2M secured registrations from Japan’s Pharmaceuticals and Medical Devices Agency for various products, including its MESA and EVEREST Spinal Systems.
4. Eric Major, K2M president, said, “We are pleased to announce a new, long term exclusive distribution agreement with Japan Medicalnext and look forward to this partnership enhancing out potential to increase our market share beyond our existing relationships in Japan’s estimated $300 million spine market.”
5. K2M’s Balance ASC is a growing platform of products, services and research to help surgeons achieve 3D spinal balance across axial, coronal and sagittal planes, with the goal of supporting the full continuum of care to facilitate quality patient outcomes.
More articles on devices and implants:
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InVivo Therapeutics welcomes Dr. Richard Toselli as CMO: 4 highlights
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
