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News Breaks | | | | March 20, 2013 | | 10:32 EDT |  | BSDM | BSD Medical signs exclusive agreement with Linden Bioscence
BSD Medical announced that the company has signed an exclusive agreement with Linden Bioscence, a Taiwan corporation, for the sale and distribution of BSD's hyperthermia products in Taiwan. Linden's primary focus will be licensing, marketing and selling the BSD-2000 Hyperthermia System. Per the agreement, Linden is required to purchase a minimum number of BSD-2000 systems annually over a five year period, totaling a cumulative $7.1M in revenue to BSD. Shipment of the first hyperthermia systems will coincide with Linden's receipt of Taiwan FDA import license approval. | |
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