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.