EuroCor signs distribution agreement with Fumedica AG

EuroCor Life Sciences, a wholly owned subsidiary of healthcare equipment maker Opto Circuits India Ltd, signed a distribution agreement with Fumedica AG, a well established German medical device sales distributor. Fumedica will distribute EuroCor's entire range of coronary stent systems & balloon dilation catheters for the German & Swiss markets. This is the first major agreement signed by EuroCor, after it has been acquired by the company & is expected to generate revenues of approximately Rs 27 crore during the current year.