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Company in talks with Medici Medical Ltd.
October 11, 2024
By: Michael Barbella
Managing Editor
NanoVibronix Inc. has signed a letter of intent with Medici Medical Ltd. to explore Israeli distribution opportunities for its UroShield device. “Expanding distribution of our products with leading distributors is a key driver to accelerating market adoption of UroShield,” NanoVibronix CEO Brian Murphy said. “Medici has established channels and is a leading partner for international pharmaceutical companies specializing in importing, marketing and distributing disposable medical devices. We look forward to advancing our relationship with Medici and potentially adding it to our roster of global distributors.” “At Medici,” CEO Nufar Cohen retorted, “we are constantly striving to supply creative and innovative solutions for the Israeli healthcare market. We are highly interested in UroShield and its reported benefits. We look forward to evaluating it further through our own market research.” Founded in 2005, Medici Medical specializes in import, marketing, and distribution. The firm is the exclusive partner of Sanofi Pasteur, Grifols, Boiron, Karo Pharma SteriSets and Premier Guard in Israel. Medici is considered a market leader for top quality biological products, including vaccines and blood products, and specializes in over-the-counter homeopathic remedies and disposable medical devices. NanoVibronix Inc. is a medical device company headquartered in Elmsford, N.Y., with research and development in Nesher, Israel, focused on developing medical devices using its patented low intensity surface acoustic wave (SAW) technology. The proprietary technology allows for the creation of low-frequency ultrasound waves that can be utilized for a variety of medical applications, including for disruption of biofilms and bacterial colonization, as well as for pain relief. The devices can be administered at home without the assistance of medical professionals. The company’s primary products include PainShield and UroShield, which are portable devices suitable for administration at home without assistance of medical professionals.
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