Nanox signs distribution deal with Elite Surgical for ARC systems
Nano-X Imaging Ltd. (NASDAQ: NNOX) announced that its U.S. subsidiary Nanox Impact Inc. signed a distribution agreement with Elite Surgical Technologies to deploy Nanox.ARC imaging systems across five U.S. states.
The agreement covers deployment in Ohio, Indiana, Michigan, Pittsburgh and West Virginia. Elite Surgical Technologies will market and support the Nanox.ARC system for orthopedic and post-surgical imaging applications, focusing on fracture healing monitoring and longitudinal follow-up.
The Nanox.ARC is an FDA-cleared, multisource digital tomosynthesis system that provides 3D imaging at lower cost and reduced radiation dose compared to traditional CT systems. The parties expect deployment of at least five systems in the first year and ten systems in the second year, subject to market conditions and customer adoption.
Elite Surgical Technologies specializes in orthopedic solutions and serves as the exclusive U.S. distributor of the Shark Screw system, a rigid fixation device made from human bone used in orthopedic practices.
"As we are building momentum in the U.S. and expanding channel partners agreements, we are pleased to welcome Elite Surgical Technologies as our latest distribution partner," said Erez Meltzer, Chief Executive Officer and Acting Chairman of Nanox.
TJ Reagan, President of Elite Surgical Technologies, stated that the Nanox.ARC system "is well suited for post-trauma and post-surgical orthopedic care and aligns well with the needs of the orthopedic practices we serve."
The information is based on a company press release statement.
