PolyNovo signs with DACH countries distributor

Company News

by Rachael Jones

Medical devices company PolyNovo (ASX:PNV) has appointed German company PolyMedics Innovations as the distributor for NovoSorb BTM in Germany, Austria, Switzerland and Luxemburg.

PolyNovo is waiting on CE regulatory clearance for the European Union - the appointment of PMI will enable immediate market to these countries.

PMI is the manufacturer of Suprathel, a synthetic topical cover for partial thickness burns and donor sites.

PMI have a direct sales force in the four countries above with sales in the majority of burn units.

Shares in PolyNovo (ASX:PNV) closed flat at $0.955 on Friday.
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.