Sedana Medical Enters China - Signs With Chinese Distributor
STOCKHOLM, June 3, 2019 /PRNewswire/ -- Sedana Medical AB (publ) (SEDANA: FN Stockholm) today announced a 10-year exclusive distribution agreement with the Chinese distributor Kyuan Xinhai Medical, a subsidiary of partly state-owned Shanghai Pharma, the second largest life science company in China.
- STOCKHOLM, June 3, 2019 /PRNewswire/ -- Sedana Medical AB (publ) (SEDANA: FN Stockholm) today announced a 10-year exclusive distribution agreement with the Chinese distributor Kyuan Xinhai Medical, a subsidiary of partly state-owned Shanghai Pharma, the second largest life science company in China.
- Sedana Medical estimates that the Chinese market potential for sedation in intensive care is five to six million ventilation days annually.
- "We are happy to take on this commitment with Sedana Medical as we see how beneficial the therapy can be for patients in China.
- Sedana Medical AB (publ) has developed and sells the medical device AnaConDa, for the administration of volatile anaesthetics to mechanically ventilated patients.