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Opto Circuits’ arm enters into licensing agreement with Biosensors

31 May 2013 Evaluate

Eurocor Gmbh, a group company of Opto Circuits (India), has entered into a licensing agreement for their Drug Eluting Balloon (DEB) technology and related intellectual property (IP) rights in relation to the treatment of both coronary and peripheral artery disease with Biosensors International Group, a developer, manufacturer and marketer of innovative medical devices.

As a first step in this process, an Original Equipment Manufacturer (OEM) arrangement is being implemented, whereby Biosensors will market and sell, under its own brand, DEBs manufactured by Eurocor.

Opto Circuits India is a multinational medical device company headquartered out of Bengaluru, India. The company designs, develop, manufacture, market and distribute a range of medical products that are used by healthcare establishments in more than 150 countries.

Opto Circuits (I) Share Price

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