Bionik Laboratories Corp. and Curexo Enter Exclusive Distribution Agreement for Sale of Robotic Rehabilitation Systems in U.S. and South Korea
March 07, 2018 at 12:40 pm EST
Bionik Laboratories Corp. announced it has entered into an exclusive distribution agreement for the sale of its InMotion Robotic Systems in South Korea with Curexo. As part of the agreement, Bionik also becomes the exclusive distributor of Curexo’s Morning Walk lower body rehabilitation technology within the United States. The agreement between the two companies will provide Curexo with the exclusive right to market and sell Bionik’s innovative robotic products in South Korea, including its InMotion ARM, InMotion HAND, and InMotion WRIST, which are all interactive robotic products that assist the patients’ movement as they progress through their rehabilitation. Extensive clinical data on more than 1,000 patients has demonstrated that the InMotion robots provide more effective patient outcomes than traditional manual therapy alone. Initial orders for each company’s technology will ship in the coming weeks.