MedDEV News (VEXIM). Toulouse, May 2017. VEXIM, a medical device
company specializing in the minimally invasive treatment of vertebral
fractures, announced it has received the regulatory approval from ANVISA (1),
Brazil’s National Health Surveillance Agency, in order to commercialize the
SpineJack® in Brazil.
The approval from ANVISA is a key achievement opening a new opportunity for VEXIM in this important international market with untapped potential. This clearance will provide VEXIM with new growth opportunities in this key Latin American market.
VEXIM estimates that Brazil alone
today represents a €15 million market in the vertebral compression fractures
field: “This approval will enable us to have substantial growth in our
international business. The Company is expecting to initiate export to Brazil
in the coming months, after the conclusion of the product’s evaluation process
and of distribution partnerships”, said Vincent Gardès, CEO of VEXIM.
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