The deal is with a supplier of products to long-term care facilities.
Medical device company LifeWave Hi-Tech Medical Devices Ltd. (TASE:LIFE) has signed an initial 16-month contract worth a minimum of $225,000 to supply its BST bedsore device to Futurmed Healthcare Products LP, a Canadian supplier of products to long-term care homes.
The value of this contract is much lower than those LifeWave usually signs, but it will give the company, whose market is located exclusively in Europe its first foothold in the North American continent.
Published by Globes [online], Israel business news - www.globes-online.com - on September 11, 2008
© Copyright of Globes Publisher Itonut (1983) Ltd. 2008