Aerocrine signs distribution deal with Intramedic for

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Aerocrine signs distribution deal with Intramedic for Sweden

Solna (Sweden) and Copenhagen (Denmark) – December 18, 2013 – Aerocrine AB (OMX Nordic Exchange: AERO) today announces the signing of an exclusive agreement with Danish medical device company Intramedic AB for distribution of Aerocrine’s new airway inflammation monitor and test kit – NIOX VERO® – in Sweden. The agreement goes into effect on January 1, 2014 and gives Intramedic exclusive rights for the sales and distribution of Aerocrine’s new instrument NIOX VERO® and test kits, used for diagnosing and monitoring patients with asthma. The agreement also includes Intramedic taking on the support, sales and distribution for the already installed base of Aerocrine’s NIOX MINO® devices in the Swedish market. “As we prepare to launch our new product NIOX VERO® in Sweden, we are very pleased to partner with Intramedic, who is a leading sales and marketing distributor with an existing and substantial Swedish operation who has proven track record of success with NIOX products from the Danish market, a well -fitting product portfolio and a customer-oriented corporate culture. This deal is part of Aerocrine’s strategy of substantially growing the European business in a cost-efficient manner,” says Linus Norrbom, International Sales Director at Aerocrine AB. Aerocrine is committed to maintaining a direct presence in the Swedish market to support development of FeNO guidelines, KOL management and engagement with payers. Aerocrine will continue to focus on developing opportunities in new healthcare environments such as pharmacy and occupational health. Aerocrine offers versatile and easy-to-use monitoring devices for fractional exhaled Nitric Oxide (FeNO)-testing. Aerocrine’s compact hand-held devices for research and clinical applications are used for routine measurements in both specialist and primary care clinics, and can be used to improve the management of allergic airway inflammation, such as asthma. Intramedic has been the exclusive distributor of Aerocrine’s products in Denmark for a number of years. The Danish partner successfully launched the NIOX MINO®, the predecessor to NIOX VERO®, in Denmark and built an impressive base of installed devices that generate significant sales of test kits. “We are very proud to become Aerocrine’s exclusive distributor for Sweden and look forward to working with both existing and new customers in this market while also supporting Aerocrine’s efforts to further establish FeNO-testing as standard of care method for measuring allergic airway inflammation in the Swedish healthcare system,” says Jan Rando, CEO of Intramedic. NIOX VERO® and NIOX MINO® offer added advantages for patient care, including detecting allergic airway inflammation, determining the likelihood of corticosteroid responsiveness, monitoring of airway inflammation to determine the potential need for corticosteroid, and unmasking of otherwise unsuspected non-adherence to corticosteroid therapy. For more information, contact: Scott Myers, Chief Executive Officer, Aerocrine AB, +46 768 788 379, +1 970 368 0336 Linus Norrbom, International Sales Director, Aerocrine AB, +46 8 629 07 90 Jan Rando, Chief Executive Officer, Intramedic AB, +46 171 468 380, +45 51 356 160 About Intramedic Intramedic is a privately owned dynamic and expanding medical device company with subsidiaries in Denmark and Sweden. Intramedic is marketing and maintaining systems from a variety of the world’s leading manufacturers within cardiopulmonary diagnostics, biomechanics and rehabilitation.www.intramedic.dk (http://www.intramedic.dk/om-os/about-us/) About Aerocrine Aerocrine AB is a medical products company focused on improved management and care of patients with inflammatory airway diseases such as Asthma. Within this sector, Aerocrine is the world leader. Aerocrine markets NIOX MINO® which enables fast and reliable point-of-care measurement of airway inflammation. This product plays a critical role in more effective diagnosis, treatment and follow -up of patients affected with inflammatory airway diseases. Aerocrine is based in Sweden with subsidiaries in the US, Germany, Switzerland and the UK. Aerocrine shares have been listed on the Stockholm Stock Exchange since 2007 (AERO-B.ST). For more information please visit www.aerocrine.com and www.niox.com. Aerocrine may be required to disclose the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08:00 am on December 18, 2013. The agreement goes into effect on January 1, 2014 and gives Intramedic exclusive rights for the sales and distribution of Aerocrine’s new instrument NIOX VERO® and test kits, used for diagnosing and monitoring patients with asthma. The agreement also includes Intramedic taking on the support, sales and distribution for the already installed base of Aerocrine’s NIOX MINO® devices in the Swedish market. “As we prepare to launch our new product NIOX VERO® in Sweden, we are very pleased to partner with Intramedic, who is a leading sales and marketing distributor with an existing and substantial Swedish operation who has proven track record of success with NIOX products from the Danish market, a well -fitting product portfolio and a customer-oriented corporate culture. This deal is part of Aerocrine’s strategy of substantially growing the European business in a cost-efficient manner,” says Linus Norrbom, International Sales Director at Aerocrine AB. Aerocrine is committed to maintaining a direct presence in the Swedish market to support development of guidelines, KOL management and engagement with payers. Aerocrine will continue to focus on developing opportunities in new healthcare environments such as pharmacy and occupational health. Aerocrine offers versatile and easy-to-use monitoring devices for fractional exhaled Nitric Oxide (FeNO)-testing. Aerocrine’s compact hand-held devices for research and clinical applications are used for routine measurements in both specialist and primary care clinics, and can be used to improve the management of allergic airway inflammation, such as asthma. Intramedic has been the exclusive distributor of Aerocrine’s products in Denmark for a number of years. The Danish partner successfully launched the NIOX MINO®, the predecessor to NIOX VERO®, in Denmark and built an impressive base of installed devices that generate significant sales of test kits. “We are very proud to become Aerocrine’s exclusive distributor for Sweden and look forward to working with both existing and new customers in this market while also supporting Aerocrine’s efforts to further establish FeNO-testing as standard of care method for measuring allergic airway inflammation in the Swedish healthcare system,” says Jan Rando, CEO of Intramedic. NIOX VERO® and NIOX MINO® offer added advantages for patient care, including detecting allergic airway inflammation, determining the likelihood of corticosteroid responsiveness, monitoring of airway inflammation to determine the potential need for corticosteroid, and unmasking of otherwise unsuspected non-adherence to corticosteroid therapy. For more information, contact: Scott Myers, Chief Executive Officer, Aerocrine AB, +46 768 788 379, +1 970 368 0336 Linus Norrbom, International Sales Director, Aerocrine AB, +46 8 629 07 90 Jan Rando, Chief Executive Officer, Intramedic AB, +46 171 468 380, +45 51 356 160 About Intramedic Intramedic is a privately owned dynamic and expanding medical device company with subsidiaries in Denmark and Sweden. Intramedic is marketing and maintaining systems from a variety of the world’s leading manufacturers within cardiopulmonary diagnostics, biomechanics and rehabilitation.www.intramedic.dk (http://www.intramedic.dk/om-os/about-us/) About Aerocrine Aerocrine AB is a medical products company focused on improved management and care of patients with inflammatory airway diseases such as Asthma. Within this sector, Aerocrine is the world leader. Aerocrine markets NIOX MINO® which enables fast and reliable point-of-care measurement of airway inflammation. This product plays a critical role in more effective diagnosis, treatment and follow -up of patients affected with inflammatory airway diseases. Aerocrine is based in Sweden with subsidiaries in the US, Germany, Switzerland and the UK. Aerocrine shares have been listed on the Stockholm Stock Exchange since 2007 (AERO-B.ST). For more information please visit www.aerocrine.com and www.niox.com. Aerocrine may be required to disclose the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 08:00 am on December 18, 2013.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Data Center Piping Surges With AI Cooling to $4.5B

Updated Category News Views 4

Liquid Cooling Revolutionizes Data Center Infrastructure Gotta hand it to the tech world, when it decides to shift, it shifts hard and fast. The data center piping market isn't just keeping up—it's sprinting. The move towards liquid-cooled AI setups isn’t just a trend; it’s a defining transformation. With a projected explosion to a $4.5 billion market by 2035, you...

Continue Reading
AI Campuses Drive Surge in Power Cable Market

Updated Category News Views 7

Surge in Data Center Power Cable Demand Walking down the old data center aisle, you'd never imagine so much copper snaking its way into the modern megalith of AI campuses. But here we are, staring at a market projected to leap from USD 1.74 billion in 2025 to a whopping USD 4.72 billion by 2035. That's a compounded annual growth rate (CAGR) of a robust 10.50%, and it’s...

Continue Reading
Rocket Companies' Earnings Preview: What's at Stake?

Updated Category News Views 3

Anticipation Builds Around Rocket's Earnings Call It ain't every day that a company's earnings announcement stirs up interest the way Rocket Companies' (NYSE:RKT) upcoming third-quarter results have. But here we are, just days away from October 29, 2026, when leadership will lay out the cards at 4:30 p.m. ET. This announcement might just be what investors like us need to...

Continue Reading
AMTD Digital's Half-Year Results Stir Investor Interest

Updated Category News Views 4

AMTD Digital Warming Up for a Busy Quarter Some things just catch the wind differently in the market, and when a heavyweight like AMTD Digital starts talking numbers, everybody perks up. They're gearing up to drop their half-year financials, ready to roll out at the stroke of midnight on October 23rd, and investor ears across the globe are pricked for what’s coming down...

Continue Reading
Vertice P2P Aims to Transform Procurement Efficiency

Updated Category News Views 9

Vertice Dives Deeper into the Procurement Game Grab a coffee and let's talk some procurement—one of the least sexy, yet utterly essential parts of any operation. Vertice's latest announcement is anything but mundane. They're spiraling deeper into the procurement universe with their new Procure-to-Pay (P2P) capability, a bold expansion from their Intake-to-Procure (I2P)...

Continue Reading
Lunai Bioworks Voluntarily Delists After Equity Snags

Updated Category News Views 3

Bracing for the Delisting Impact Well, isn't that a familiar tune? Lunai Bioworks Inc., ticking with the symbol NASDAQ:LNAI, is pulling the plug on its Nasdaq listing faster than a kid yanking out a loose tooth. On October 21, 2026, the company's board decided it's cheaper and simpler to step off the dance floor than keep paying for a spot when the music's stopped....

Continue Reading
Centrus Energy to Discuss Q3 Earnings on Nov 5 Call

Updated Category News Views 2

Centrus Energy Prepares for Earnings Call You ever feel that twinge in your gut right before a big disclosure? Well, that's where Centrus Energy’s about to take us as they gear up for their quarterly earnings call. On November 5th, bright and early at 8:30 a.m. Eastern Time, NYSE:LEU will be in the spotlight, laying out its Q3 results for all us nose-to-the-grindstone...

Continue Reading
Venture Dock Fosters Global Startup Ecosystems

Updated Category News Views 3

Venture Dock Connects the Global Startup Dots When it comes down to bridging the gap between promising innovation and commercial success, you'd be hard-pressed to find a better player than Venture Dock. In a world filled with buzzwords and fluff, these guys are socketed deep in the guts of genuine startup development — and they're making waves with their recent...

Continue Reading
Beggin' Unveils Festive Treats for Canine Thanksgiving

Updated Category News Views 2

Dog Treats That Spice Up Thanksgiving Feast Just when you thought Thanksgiving was all about the humans crowding around a table of turkey and stuffing, Beggin' decides to throw the dogs a bone—literally. These guys rolled out their limited-edition holiday treats that’ll probably have your pup sniffin’ the air like it’s the early days of autumn. What's Cookin' In...

Continue Reading
PENNVEST Grants $42M for PA Water Upgrades

Updated Category News Views 2

Big Boost for Pennsylvania's Water Infrastructure The recent announcement about Pennsylvania American Water scoring a $42 million package from PENNVEST feels like a solid win for everyone except complacency. This move is a direct nod to infrastructure sorely needing an upgrade in Lackawanna and Montgomery counties. You'd think these improvements were long overdue with all...

Continue Reading

Top 5 Most Recently Viewed Articles

Topaz Labs Unveils Open-Source AI Solution for Image Restoration

Updated Category News Views 316

Topaz Labs Introduces Revolutionary AI in Photo Editing Topaz Labs, a pioneer in image enhancement, has made a significant stride in AI technology by collaborating with Texas A&M University, Stanford University, and Caltech. This partnership has birthed 4KAgent, an innovative open-source system designed to transform how we edit and restore photographs. This breakthrough...

Continue Reading
Purebond Limited Announces Significant Acquisition of TXP Shares

Updated Category News Views 311

Acquisition Announcement by Purebond Limited Purebond Limited has recently made headlines with its announcement regarding the acquisition of a substantial stake in Touchstone Exploration Inc., a notable player in the resource sector. This acquisition, which includes 50,000,000 common shares of Touchstone Exploration Inc. (TSX: TXP), is a significant move that reflects...

Continue Reading
Enhancing Safety for REALTORS® with FOREWARN's Services

Updated Category News Views 60

Enhancing Safety for REALTORS® with FOREWARN's Services FOREWARN, LLC, a prominent company known for its real-time information solutions tailored for real estate professionals, has joined forces with the Howard County Association of REALTORS® (HCAR) to emphasize the safety of its members. This collaboration aims to provide over 2,000 REALTORS® in Columbia and Howard...

Continue Reading
Cove Capital Expands Portfolio with San Antonio Buy

Updated Category News Views 9

You've got to hand it to Cove Capital for pulling off one hell of a strategic coup with their latest grab—the Cove San Antonio Multifamily 119 DST. They scooped this 170-unit apartment complex in a market that's hotter than a Texas summer, buying it right from the lender's REO sale. Crafty Scoring in San Antonio Now, what makes this deal particularly spicy is how Cove...

Continue Reading
PicS N.V. Faces Securities Fraud Class Action Showdown

Updated Category News Views 5

The Pressure Cooker: PicS N.V.'s Legal Troubles The corporate world, folks, is all about perception and reality. When the two don't match, you get PicS N.V. (NASDAQ: PICS) caught up in a securities fraud lawsuit. Investors who suffered losses are being called to the frontline as lead plaintiffs. The saga unwinds with the Law Offices of Howard G. Smith raring to go, and...

Continue Reading