Cardiff spin-out MedaPhor signs into exclusive distribution agreement with China-based Tellyes Scientific.
MedaPhor, a Cardiff University spin-out which produces ultrasound simulators, has signed an exclusive distribution agreement with Tellyes Scientific that will see its products sold in mainland China.
As part of the agreement, Tellyes, a $40m medical simulation manufacturing and distribution business based in China, will purchase 10 of MedaPhor’s ScanTrainer systems.
The ScanTrainer provides a virtual reality based ultrasound-training simulator that allows trainees to literally feel what they are looking at on a computer screen to help them develop their hand-to-eye coordination.
David Baynes, chief executive of Fusion IP which has a 39% stake in MedaPhor, said: “This is a major development for MedaPhor and we are excited about the potential of the Chinese market for MedaPhor’s superb ultrasound simulator. MedaPhor is now generating sales in all the major global medical markets and we look forward to its continued growth.”
Fusion IP is the tech transfer office for Sheffield University and handles commercialisation for Cardiff. It is part of UK-based commercialisation firm the IP Group.
