Cryofocus Medtech (Shanghai) Co. Ltd. Class H (HK:6922) has released an update.
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Cryofocus Medtech (Shanghai) Co., Ltd. has announced a strategic distribution agreement with BSC International Medical Trading (Shanghai) Co., Ltd., a subsidiary of Boston Scientific, to become the exclusive distributor of respiratory intervention products in mainland China. This partnership aims to leverage both companies’ resources and expertise to advance the commercialization of these products in the Chinese market. The board of Cryofocus Medtech views this as a valuable step towards synergy and market integration that will benefit both the company and its shareholders.
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