Medical Device

Medovex formed a direct Medovex sales operation in Germany with a direct sales force.

Medovex (NASDAQ:MDVX) formed a direct Medovex sales operation in Germany with a direct sales force.
As quoted in the press release:

This new sales structure which will allow it to go direct in Germany, a large key market opportunity that has seen strong initial sales interest, and offers great dedicated reimbursement.
Dennis Moon, Medovex Executive Vice President, stated, “Initial sales of the DenerveX System in Germany, our most important market outside of the U.S., have been encouraging. While we continue to go narrow and deep, in a very controlled manner, early rollout procedure results have exceeded expectations. Being able to take control of our distribution through our new direct presence is expected to gain us numerous strategic advantages, not limited to better product control, increased selling focus and greater sales force accountability.”

Click here to read the full press release.

Source: www.marketwired.com

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