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EuroCOR to sell stents in German and Swiss markets

HYDERABAD: EuroCOR GmbH, the wholly-owned subsidiary of Opto Circuits (India) Ltd. (OCIL), manufacturer of healthcare equipment, has signed a distribution agreement with the German/Swiss medical device sales organization "Fumedica AG". Fumedica AG has taken overall marketing and distribution rights of EuroCOR's entire range of coronary stent systems and balloon dilatation catheters, for the German and Swiss market. The deal is expected to generate revenues of at least Rs. 27 crore during the first year, according to Vinod Ramnani, Chairman and Managing Director.

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