aap Implantate concluded a distribution agreement for its LOQTEQ VA Radius System with a leading global spine and orthopedic company.
The agreement covers the exclusive distribution of LOQTEQ VA Radius anatomical plates and screws in the entire territory of France and has a five-year term with a renewal option. It is expected to yield sales of ~€2.0 million to €2.5 million for the initial term, with potential upsides.
The conclusion of the agreement represents further important progress in the aimed distribution focus in established markets and will sustainably strengthen the company’s planned sales growth.
Source: aap Implantate
aap Implantate concluded a distribution agreement for its LOQTEQ VA Radius System with a leading global spine and orthopedic company.
The agreement covers the exclusive distribution of LOQTEQ VA Radius anatomical plates and screws in the entire territory of France and has a five-year term with a renewal option. It is expected to yield sales...
aap Implantate concluded a distribution agreement for its LOQTEQ VA Radius System with a leading global spine and orthopedic company.
The agreement covers the exclusive distribution of LOQTEQ VA Radius anatomical plates and screws in the entire territory of France and has a five-year term with a renewal option. It is expected to yield sales of ~€2.0 million to €2.5 million for the initial term, with potential upsides.
The conclusion of the agreement represents further important progress in the aimed distribution focus in established markets and will sustainably strengthen the company’s planned sales growth.
Source: aap Implantate
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JV
Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.