Woke Medical and Raumedic sign exclusive distribution agreement

Medical and pharmaceutical manufacturer Raumedic has signed a partnership and distribution agreement with medical appliance company, Woke Medical.

The partnership pertains to the exclusive distribution of Neurovent neurological catheters in the Peoples Republic of China over the next years.

Neurosurgery product sales have doubled within a few years and the need for those products within China has increased due to increased individual traffic and the practice of high-risk sports.

Ingo Bartels, manager of the clinics division at Raumedic said: “Through the targeted use of Raumedic probes for pressure, temperature and oxygen partial pressure in the brain, severe complications can be averted for the patient. Important functions of the body and sensory performance remain intact.”

“With the concluded contract between Woke Medical and Raumedic, we will participate in one of the fastest growing and largest markets in the world with our Neurovent catheters” said Martin Bayer, chief executive officer at Raumedic AG.

“Last spring we opened our new US headquarters in North Carolina, where we realised our concept, ‘local business to local people’. On the basis of this contract, we can now also implement this concept in China.”