Soterix Medical Inc. announces today a distribution agreement with Caputron Medical LLC, an emerging neuromodulation and neurodiagnostic medical technology company which brings Caputron Medical the rights to market Soterix Medical’s industry leading transcranial Direct Current Stimulation (tDCS) and exclusive High-Definition tDCS (HD-tDCS) products for investigational use. As part of the agreement, Caputron Medical is provided access to Soterix Medical’s ISO-certified, FDA QS compliant medical device design and fabrication facility in New York City for the purposes of product validation and shipping receivables for the distribution agreement. As part of the agreement, Soterix Medical is provided access to Caputron Medical’s storage and shipment facilities in New York City and in Newark, New Jersey, and online and international sales channels, for the duration for the distribution agreement. The agreement initiates a partnership between two of New York’s fastest growing medical devices companies.
Robin Azzam, CEO of Caputron Medical commented: “The addition of the Soterix Medical technologies to our growing product portfolio demonstrates Caputron Medical’s commitment to providing our customers with the best neuromodulation technology with the goals of understanding neurological conditions and the improvement of patient treatment. Soterix Medical tDCS and HD-tDCS products will complement our other neuromodulation and neuromonitoring technologies and indeed Soterix Medical “plus monitoring” program is state-of-the-art in technology integration.”
Dr. Abhishek Datta, CTO of Soterix Medical, added: “Caputron Medical is unique in the breadth of device and accessories it offers customers in a one-stop-shop model. Increasingly scientists and clinicians want the confidence of obtaining devices, cables and other accessories from a single provider to ensure quality and reproducibility. Soterix Medical has a reputation for the highest quality devices and accessories for tDCS and HD-tDCS and it was important for us to collaborate with a partner such as Caputron Medical which has well known customer service and technical expertise in neurostimulation technologies.”
For more information contact:
Soterix Medical Kamran Nazim
Caputron Medical Michael Ross