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¢º $8.50M of First Implant Export Contract in Middle East Hit : 3098
Solco 2006-07-14

Solco Biomedical Co., Ltd. (CEO. Seo Gon Kim, www.solco.co.kr), a high technology medical company announced that the company made a contract of implant exportation with the amount of $8.50mil to Iran as for the first exportation in Middle East area.

Solco Biomedical Co., Ltd. has solely made an agreement with Iran¡¯s medical company, Jarrah Yar Amin (Dabir) and supposedly supply implant product for next 3 years with the vale scale of $ 8.5M.

The agreed item included of the entire Spinal Products, Cage Products, and Trauma Products.

CEO. Seo Gon Kim of Solco Biomedical Co., Ltd. says, ¡°This agreement is hugely meaningful of its first exportation in middle eastern region. As the Middle Eastern area is newly arise of the medical instrument market, we should also be very considerate about our export of our implant and other products in the entire locations. ¡±

Other than the series of Solco¡¯s export contract with Brazil, Thai on last may and June each month within this year with the export value of $2.6M and $12.5M and after the$8.5M contract with Iran, the company has been nothing but keeping up with confronting its new niche marketing in South America, South Eastern Asia, Middle East.

Also they constantly invest to the new product development and international warranty acquirement as their new implant product, 4CIS¢ç VANE Spine System has approved on last 29th by FDA in USA.

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