Solco Biomedical Co., Ltd. (CEO. Seo Gon Kim, www.solco.co.kr), a high technology medical company announced on 29th that the company successfully made sales agency contract with the company in US.
Solco made sales agency agreement with professional orthopedic/neurologic implant seller company, SpineNet LLC USA for 3 years in the future. With this, Solco takes in charge to supply 4CIS¢ç VANE Spine System and SpineNet LLC takes the role of distribution and sales as local US market agent.
As currently spinal implant supply in US market, 4CIS¢ç VANE Spine System approved by FDA (6/29/2006) and granted as patent product in Korea (07/13/2007), it is the same great product from the last year that successfully brought the export contract of $100 with SRC((Surgical Resource Company) in USA.
An official said the condition dealing with US market it nothing but gaining because of its higher price value than in Korea and it is all positive effect from the company has been constantly searching for the sales agency deal after with SRC.
CEO. Seo Gon Kim of Solco says, ¡°this contract has a meaning in the aspect of the world highest implant US market admits our novel patent product, and inspired by this event, we will accelerate to the oversea market, which countries potentially have huge consumer power such as China.¡±