Brief: Sedana Medical Gets Market Approval In Saudi Arabia And Signs Distribution Deals

Sedana Medical AB (publ)

01/07/2020 10:34

July 1 (Reuters) - Sedana Medical AB (publ)  SEDANA.ST :
    * SEDANA MEDICAL RECEIVES MARKET APPROVAL IN SAUDI ARABIA
AND
SIGNS DISTRIBUTION AGREEMENTS FOR THE MIDDLE EAST
    * SALES ARE EXPECTED TO START SHORTLY IN SAUDI ARABIA
    * SEDANA MEDICAL ESTIMATES THAT ANNUAL MARKET POTENTIAL IN
MIDDLE
EAST IS JUST OVER SEK 500 MILLION.
    * SIGNED DISTRIBUTION AGREEMENTS FOR SALES IN MIDDLE EAST
WITH
TECHNO ORBITS IN SAUDI ARABIA, CITYPHARMACY IN UNITED ARAB
EMIRATES AND IBN SINA PHARMACY IN OMAN
    * IN OTHER COUNTRIES, PARALLEL REGISTRATION PROCESSES HAVE
STARTED, AND SALES ARE EXPECTED TO COMMENCE WITHIN A FEW MONTHS

Source text for Eikon:  ID:nWkr2Lv6jB 
Further company coverage:  SEDANA.ST 

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