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Biosensors Starts Shipments of Axxion(TM) and Boosts European Distribution Network.

Publication: PR Newswire
Publication Date: 30-AUG-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Agreements Established In Key Markets to Accelerate Drug-Eluting Stent Sales;

Biosensors Expects to Capture Meaningful DES Market Share

SINGAPORE, Aug. 30 /Xinhua-PRNewswire-FirstCall/ -- Biosensors International Group, Ltd. (Bloomberg: BIG SP), today announced several new agreements with leading medical device distributors in key European cardiology markets. With a distribution reach of more than 15 countries in Europe, the three agreements with Krauth Medical in Germany, Invatec in Italy and Palex Medica in Spain will serve to strengthen Biosensors' access to key European markets.

Mr Jeffrey B. Jump, Managing Director of Biosensors Europe commented: ''We are pleased that we have been able to attract top-tier distributors with proven track records of gaining significant stent market shares in Europe. Biosensors' agreements have the potential to generate substantial sales of Axxion(TM) units...

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