RSB Spine, LLC, Announces International Distribution and Licensing Agreement
CLEVELAND, June 6, 2013 /PRNewswire/ -- RSB Spine, LLC, a medical device company focused on developing unique modular spinal fusion products for surgical treatment of degenerative disc disease, today announced it has signed an exclusive distribution and licensing agreement with JMF (T) Group Co, Ltd of Thailand. RSB Spine's products will be distributed by JMF in Asia and by Mahe Medical, GmbH, in Europe and South America. Sales of RSB products will start in the 3rd quarter of this year in Asia, and Mahe Medical will start the process of gaining CE Mark for RSB Spine's products in Europe.
Commenting on the agreement, RSB Spine Chief Executive Officer John A. Redmond said: "We are very excited about this partnership. We have been looking for an economical way to enter the international markets for some time. We feel that JMF and Mahe have the right mix of distribution and manufacturing expertise to make this a mutually beneficial partnership that will increase our revenue and give us opportunities in new markets for our existing portfolio and our future new products."
JMF/Mahe Medical commenting on the agreement said: "We are excited to partner with RSB Spine. RSB Spine's unique modular implant design perfectly complements our existing range of spinal implants. We are looking forward to this opportunity."
RSB Spine is a privately held medical device company. News releases and other information on the company are available on the Internet at: www.rsbspine.com.
Mahe Medical is a German manufacturer of spinal and orthopedic implants, delivering intuitive technologies worldwide. Further information is available on the Internet at: http://www.mahe-med.de/.
JMF Group is a Mahe Group company located in Thailand. JMF Group distributes a variety of medical products on an exclusive basis, representing renowned foreign companies in SEA markets. JMF Group's main activities cover OEM manufacturing, distribution and end-market sales.
SOURCE RSB Spine
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