Surgery
Cytori Receives First Celution(TM) 800 System Orders in Europe and Asia; Begins Commercialization into the Reconstructive Surgery Market
Published in Healthcare Mergers, Acquisitions and Ventures Week, March 1st, 2008
Cytori Therapeutics (NASDAQ:CYTX) received its first orders from Europe and Asia for Celution(R) 800 Systems. The devices are now being sold into the growing international reconstructive surgery market. Eleven Celution(TM) 800 Systems and related CT-805 single-use consumables were ordered by Cytori's distributors MBA Grupo, who covers Spain, Italy, and Portugal, and Astrea International, who covers Singapore. The first devices are expected to be delivered in the first quarter of 2008.
"These opening orders mark a key transition for the company and its products," said Christopher J. Calhoun, chief executive officer for Cytori. "We achieved our stated goal from last year,...
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