30 Day Trial

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.

Source: Medicrea