Cytori Therapeutics (NASDAQ:CYTX) and Green Hospital Supply expanded the StemSource(R) Cell Bank commercialization partnership to include Korea, Taiwan and Thailand. As with the commercialization agreement for Japan, revenues from all related product sales will be shared equally between Cytori and Green Hospital Supply.
"Commercialization activities in Japan have resulted in a significant number of prospective customers not only in Japan, but throughout Asia," said Seijiro Shirahama, president of Cytori Asia Pacific. "With Green Hospital Supply's experience and knowledge of the region, we are able to take advantage of the existing product infrastructure to expand the revenue potential for the StemSource(R) Iljx Kbuw."
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"Commercialization activities in Japan have resulted in a significant number of prospective customers not only in Japan, but throughout Asia," said Seijiro Shirahama, president of Cytori Asia Pacific. "With Green Hospital Supply's experience and knowledge of the region, we are able to take advantage of the existing product infrastructure to expand the revenue potential for the StemSource(R) Iljx Kbuw."
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