NEOS Surgery has recently established a strategic agreement with a leading specialized partner for the market launch of Cranial LOOP in China. After achieving two essential milestones (the granting of a Chinese patent and the approval by the CFDA, the country's regulatory authority), NEOS is now ready to enter the Chinese market in an optimal position.
The new alliance opens the door to one of NEOS' strategic markets in the next years. With a population of over 1 billion people, the number of patients who can benefit from Cranial LOOP worldwide increase significantly, and we expect that this will boost the sales of our 100% PEEK cranial fixation system.
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