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Strategic Initiatives

Medicrea Forms Direct Sales Subsidiary in Belgium -

Medicrea and its Belgium distributor, Motion Medical, entered into a joint venture to support direct sales of Medicrea's products in the region. Medicrea holds a 51% majority stake in the entity, which will become a fully-owned subsidiary in coming years. Medicrea claims that Motion Medical held a 15% share of the Belgium market; this partnership will support new growth opportunities for the company's UNiD ASI™ Adaptive Spine Intelligence technology. (Medicrea, 3/29/18)