CANICA GRANTS EXCLUSIVE LICENSING RIGHTS TO SOUTHMEDIC INC.
April 30, 2014
Canica Design Inc., known for their innovative products such as ABRA®, DynaCleft®, DynaClose®, CD+Labs® and CHESS®, has entered into an agreement with Southmedic Inc. which will grant worldwide exclusive rights to market and distribute Canica’s Medical Devices.
As of April 25th, 5:00pm EDT, Canica ceased selling and marketing all related material. April 28th, 8:00am EDT marked the day Southmedic Inc. officially acquired all selling and marketing rights of Canica products.
“We are extremely pleased about obtaining the rights and licenses of the Canica product lines. We look forward to expanding these products worldwide and delivering superior surgical solutions to doctors and patients.”
Lee McDonald, President and Chief Executive Officer
“Canica’s line of tissue manipulation technologies have been clinically proven to save lives, improve quality of life and save the healthcare system money. Southmedic’s acquisition puts these important products in the hands of a company with the considerable sales and marketing infrastructure they deserve.”
Alden Rattew, President and Chief Executive Officer
Canica Design Inc.
For more information, please contact us at 1-800-463-7146 (toll free in North America) or 1-705-726-9283.
You can also visit our website at www.southmedic.com.
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