Tentech Inc. (CEO Ro Young Woo) announced that it has signed an exclusive rights agreement with Tensera, a 2-line HIFU (High Intensity Focused Ultrasound), in Japan.
The party to the copyright contract is Japan's Marvelous Beauty Co., Ltd., a company that specializes in distributing beauty-related medical devices, and the export contract is about $2 million.
Currently, countries with overseas distribution rights contracts include Japan, Taiwan, Hong Kong, Singapore, Mexico, Iran and Saudi Arabia. Since Tensera's CE medical device approval has been issued, it is preparing to sign additional contracts with more than 10 countries.
Tentech has been recognized for its technological prowess by selling 800 units within a year after launching 'One Thera', an ultrasound equipment for management offices last year.
A Tentech official said, "Overseas exports of One Thera are steadily increasing. We are exporting to Iran, Mexico, the Philippines, Singapore, Chile, Armenia, India, the United States, Australia, Lithuania, Greece, Azerbaijan and Turkey, and Ten Hi, a high-frequency equipment for management offices. Exports are also stable,” he said.
Tentech is planning to launch an additional management office equipment, 10 Sono, this month. 10 Sono is a device to which microbubble ultrasound technology is applied.