Navigation Links
Palomar and Q-MED AB Terminate International Distribution Agreement
Date:1/8/2009

BURLINGTON, Mass., Jan. 8 /PRNewswire-FirstCall/ -- Palomar Medical Technologies, Inc. (Nasdaq: PMTI), a leading researcher and developer of light-based systems for cosmetic treatments, today announced the termination of its international distribution agreement with the Swedish company Q-MED AB (OMX Nordic Exchange, Stockholm Mid Cap:QMED), a leading biotech/medical device company based in Uppsala, Sweden. The international distribution agreement was originally entered into in January 2008 with the intention that Q-MED would eventually be responsible for the marketing, advertising, promotion, sale and distribution of Palomar's professional products for aesthetic treatments outside North America.

Due to the downturn in the world-wide economic environment, Q-MED's efforts are being concentrated on their own product line of dermal fillers. Both Palomar and Q-MED agreed that Palomar will be better served by separately continuing to expand its existing distribution channel.

Joseph P. Caruso, Palomar Chief Executive Officer said, "Although we are choosing to end our distribution agreement, this was a good learning experience and we have forged a positive relationship with Q-MED that may be beneficial in the future. We believe that during these challenging economic times we will be better positioned with full control of our international distribution. We have signed up many new distributors over the past twelve months and continue to work closely with all of our distributors to help maximize their sales efforts. Territories outside North America should continue to provide growth opportunities for us as we expand our efforts."

Bengt Agerup, Q-MED Chief Executive Officer said, "By working closely with Palomar we have learned more about Palomar's top-end technological platforms and products. Consider
'/>"/>

SOURCE Palomar Medical Technologies, Inc.
Copyright©2009 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5

Related biology technology :

1. Palomar and Q-MED AB Enter Into International Distribution Agreement
2. Senesco and Harris Moran Mutually Agree to Terminate Development and License Agreement Due to Restructuring
3. Replidyne Terminates Faropenem Agreements
4. VaxGen and Raven Terminate Merger Agreement
5. Alliance Biosciences Announces Trade Mission to Singapore with Speaker Presentation at International Lab Design Seminar
6. PAREXEL International to Present at the 27th Annual JP Morgan Healthcare Conference
7. ASM International N.V. and SAFC Hitech(TM) Sign Certified Manufacturer and Partnership Agreement
8. Health Robotics Announces Partnership in the Peoples Republic of China With The Devon International Group
9. Probiotic Delivery Technology Awarded Third International Patent
10. Pressure BioSciences, Inc. and Omni International Announce Marketing, Distribution, and Technology Development Agreement
11. The International Society for Stem Cell Research Releases New Guidelines to Shape Future of Stem Cell Therapy
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/23/2013)... SCHOFIELD, Wis. , May 23, 2013 /PRNewswire/ ... a researcher, developer, and marketer of over-the-counter (OTC) ... re-issued its research opinion on the company based ... Highlights , Non-Prescription, All Natural Product ... Show the Product Outperforms #1 Prescription Competitor ...
(Date:5/23/2013)...  Saddleback Memorial Medical Center in Laguna ... on the West Coast to perform a hysterectomy using ... women with a state-of-the-art, minimally invasive approach to gynecological ... , M.D., a highly regarded Orange County ... minimally invasive surgery at Saddleback Memorial, led the surgical ...
(Date:5/23/2013)... Northwest Biotherapeutics (NASDAQ: NWBO ) ... personalized immune therapies for solid tumor cancers, announced today ... American Society Of Clinical Oncology (ASCO) meeting in ... in immune therapy.  (Logo: http://photos.prnewswire.com/prnh/20110329/SF73084LOGO ) ... pre-eminent conference focused on clinical treatment of cancer, with ...
(Date:5/23/2013)... , May 23, 2013 Pusan ... Inc., a private biotherapeutics and contract research company ... products for cancer, announced today a publication reporting ... treated with the oncolytic and immunotherapeutic vaccinia JX-594 ... research was published in the May 15 th ...
Breaking Biology Technology:PuraMed BioScience (PMBS) Issued Alert Based on Market Cap of $721,756 2PuraMed BioScience (PMBS) Issued Alert Based on Market Cap of $721,756 3Saddleback Memorial Surgeon First on the West Coast to Perform Single-Site Robotic Hysterectomy 2Saddleback Memorial Surgeon First on the West Coast to Perform Single-Site Robotic Hysterectomy 3NW Bio Exhibit at the Upcoming ASCO Meeting to Highlight its Leadership Role in Immune Therapy for Cancer 2NW Bio Exhibit at the Upcoming ASCO Meeting to Highlight its Leadership Role in Immune Therapy for Cancer 3Pusan National University Announces Science Translational Medicine Publication Highlighting Landmark Demonstration of Functional Anti-Cancer Antibody Induction in Patients Following JX-594 Treatment 2Pusan National University Announces Science Translational Medicine Publication Highlighting Landmark Demonstration of Functional Anti-Cancer Antibody Induction in Patients Following JX-594 Treatment 3
... International, Inc. announced Tuesday Herbert Conrad as chairman of the ... on the board of directors. , , ... of Hoffmann-La Roche, Inc. He served as the chairman of ... 2003, and was a co-founder of Reliant Pharmaceuticals in addition ...
... Inc., , Wisconsin-based online clothing retailer, introduced Thursday an updated ... take the guesswork out of online shopping. , ,The new ... women find clothes that fit correctly by modeling garments virtually. ... model that closely resembles the customer. , ,Our customers tell ...
... TeraMEDICA announced today Jim Prekop as president of ... from Peoplesoft where he recently served as ... to joining Peoplesoft, Prekop spent 14 years with Dun ... Hanna.said that the move will allow him to focus ...
Cached Biology Technology:
(Date:5/24/2013)... the immune system to combat metastatic cancer , ... destruction by the immune system. Stimulation of the immune ... are many factors that cause the immune system to ... that function to suppress the immune system response. In ... , researchers led by Ronald Levy at Stanford University ...
(Date:5/24/2013)... of 500 leading water scientists from around the world ... "in the short span of one or two generations, ... will be living under the handicap of severe pressure ... which there is no substitute. This handicap will be ... scientists bluntly pointed to chronic underlying problems led by ...
(Date:5/23/2013)... Rollins School of Public Health at Emory University, ... Technology, have received a $4 million grant over ... Emory University (Health and Exposome Research Center: Understanding ... center grant awarded in the United States. ... National Institute of Environmental Health Sciences (NIEHS) of ...
Breaking Biology News(10 mins):JCI early table of contents for May 24, 2013 2JCI early table of contents for May 24, 2013 3JCI early table of contents for May 24, 2013 4JCI early table of contents for May 24, 2013 5JCI early table of contents for May 24, 2013 6JCI early table of contents for May 24, 2013 7JCI early table of contents for May 24, 2013 8A majority on Earth face severe self-inflicted water woes within 2 generations: Scientists 2A majority on Earth face severe self-inflicted water woes within 2 generations: Scientists 3A majority on Earth face severe self-inflicted water woes within 2 generations: Scientists 4Emory, Georgia Tech receive first human exposome center grant in US 2Emory, Georgia Tech receive first human exposome center grant in US 3
... the disaster caused by the Aznalcllar spillage in the Doana ... species extinction known to date. What do these two disasters ... of this kind will make it possible to find out ... used to study the fossil record in order to analyse ...
... Climate Change, stresses the fact that caring for wetlands is ... slogan: ,Caring for wetlands an answer to climate change., ... managed well, they also play a role in its mitigation. ... adapt to climate change through their critical role in ensuring ...
... A group of Marshall University researchers and their colleagues in ... to move or position single moleculesa necessary step if man ... of working at very small scales. Dr. Eric ... professor in Marshall University,s Department of Biological Sciences, said his ...
Cached Biology News:Aznalcóllar disaster compared with Cretaceous mass extinction 2World Wetlands Day focuses on climate change 2World Wetlands Day focuses on climate change 3Research at Marshall University may lead to new ways to transport and manipulate molecules 2Research at Marshall University may lead to new ways to transport and manipulate molecules 3
... Rabbit Tissue Arrays contain 60 rabbit tissue samples ... contains 4 unstained slides and 1 hematoxylin and ... slide contains 15 different tissues from 4 rabbit ... per slide. Each tissue sample (or core) is ...
A univariate (peak height or area) quantitative multi-component analysis package....
... represents a major advance in liquid dispensing ... of large robotic liquid handlers into the ... accurate volumes ranging from 10mL to 2mL ... advantages not yet found in other benchtop ...
... pyruvate, 50 mg/L streptomycin sulfate, 100 mg/L ... and magnesium chloride. The use of a ... is generally attributed to early workers in ... a solution of inorganic salts designed to ...
Biology Products: