Misonix Announces New Sales Agency Agreement for Eastern Europe

Misonix, Inc., a developer of minimally invasive ultrasonic medical device technology, which in Europe is used for the ablation of tumors and worldwide for other acute health conditions, has entered into a new, two year, sales agency agreement with privately-held Advanced Oncology Systems (“AOS”), based in Wuppertal, Germany, for the representation of the Sonablate® SB500 High Intensity Focused Ultrasound (“HIFU”) System, the SonaStar™ Ultrasonic Surgical Aspiration System, the BoneScalpel™ Ultrasonic Bone Cutting System, and the SonicOne Ultrasound Cleansing & Debridement System.

AOS has extensive experience with capital equipment sales, with special emphasis in cancer therapy and neurosurgery. The agreement provides AOS with the rights to sell in most Eastern European countries, with a primary focus in Hungary, Poland, Romania, Bulgaria, the Russian Federation, Ukraine, and Georgia. Sales will be consummated primarily through specialty distributors; however, in certain instances, direct to hospital sales are permitted. Minimum sales performance criteria for each product platform are stipulated in the agreement.

The Sonablate is a state of the art High Intensity Focused Ultrasound (“HIFU”) instrument used for the trans-rectal ablation of tumors of the prostate gland. Characteristics of HIFU, when used for this purpose, are clinical outcomes similar to other treatment modalities, but with low instances of urinary incontinence and sexual impotence.

The SonaStar is used by Neuro and General Surgeons for quick and efficient removal of both hard and soft tumors while sparing most vessels. In addition, OsteoSculpt™ bone shaving technology can be employed with the SonaStar to safely remove osseous structures, thus providing access to the surgical site.

The BoneScalpel is a tissue specific osteotomy device capable of making precise cuts through bone and hard tissue while largely preserving delicate soft tissue structures. It offers the convenience and speed of a power instrument without the potential hazards associated with rotary sharps.

The SonicOne is an innovative, ultrasonic wound care system that offers tissue specific debridement and cleansing for effective removal of devitalized tissue and fibrin deposits while sparing viable cellular structures. The SonicOne establishes a new standard in advanced wound care and ensures progress towards patient healing.

“Misonix is excited about Advanced Oncology Systems joining our sales and distribution organization. We are quite familiar with AOS’ past sales successes in Central and Eastern Europe,” said Michael A. McManus, Jr., President and Chief Executive Officer of Misonix. “AOS’ reputation speaks for itself with respect to successfully introducing technology driven medical devices to their markets. We are very pleased that they will be representing four of our product platforms to their well established distribution channels.”

Source: Misonix

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