Reverse Medical Enters Japan Alliance

Reverse Medical Enters Japan Alliance

06/11/2013

Irvine, CA--Reverse Medical Corporation entered into a strategic partnership agreement with Century Medical, Inc. (CMI), for distribution of the Reverse Medical products in Japan. CMI (a subsidiary of ITOCHU Corporation) is the premiere medical device product distributor in Japan. 
Commenting on the Agreement, Reverse Medical President & CEO Mr. Jeffrey Valko stated, “We are extremely pleased to have CMI as our strategic partner. The depth and strength of CMI’s network throughout Japan will greatly assist Reverse Medical in developing a leadership role in treating patients with complex Neurovascular disorders.
CMI has made a significant financial commitment to both Reverse, and to funding the regulatory approval process for the Reverse products in Japan, and will concentrate on moving Reverse’s Barrel™ Vascular Reconstruction Device (VRD), Micro Vascular Plug (MVP™) embolization device, and Reverse’s other products through the Japanese regulatory approval process. We continue to actively develop similar partnerships for European distribution of our products," he said.  Read more...

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Mike Bunker manages the Early Stage Partners investment in Reverse Medical