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10 Oct, 2022

Bioservo signs distributor agreement with Device Services Australia for the sale of Carbonhand®

Bioservo Technologies AB has added yet another new distributor to its network for the global sale of Carbonhand®. The latest addition of distributors is Device Services Australia who work across Australia with specially trained sales staff and clinics.

The Australian market has a number of generous reimbursement schemes for people in need of assistive devices. In addition to the national compensation system NDIS (National Disability Insurance Scheme) for people with disabilities, there are specific schemes for, for example, elderly people, people injured in workplace accidents, war veterans, etcetera. Device Services Australia reaches these through its subsidiary Base Medical, which with its network of specially trained staff around the country sells the products that Device Services Australia distributes and is regulatory responsible for. To ensure good geographical coverage and a successful market introduction, the company has ordered 10 Carbonhand demonstration system worth SEK 350,000.

Device Services Australia was founded in 2007 by Nick Blay, who has more than ten years of experience working to get medical devices approved in the country's reimbursement system, including as a negotiator for the national reimbursement system in particular prostheses and medical devices.

"Demand for Carbonhand in Australia is strong and the national reimbursement system is well developed, which are good conditions for the product to become a relevant addition as an assisting and rehabilitative aid. Device Services Australia has a broad geographic coverage to reach out to clinics with close to 400 specialized hand therapists," says Petter Bäckgren, CEO of Bioservo.


For more information, please contact
Petter Bäckgren, CEO, Bioservo Technologies AB
Phone: 08 21 17 10
petter.backgren@bioservo.com

Niklas Lagström, Global Brand Manager – Life Science, Bioservo Technologies AB
Phone: 08 21 17 10
niklas.lagstrom@bioservo.com

 

About Bioservo Technologies
Bioservo Technologies AB (publ) is a world-leading company in portable, muscle strengthening systems for people who need extra strength and endurance. All of our innovative products and systems are designed to keep people strong, healthy and efficient. The company has a unique global position in soft active exoskeletons for the hand, both for industrial applications that improve worker health and to improve the quality of life for people with reduced muscle strength. Bioservo Technologies was founded in 2006 through a collaboration between researchers at the Royal Institute of Technology and doctors at Karolinska Hospital in Stockholm. Bioservo Technologies is a Swedish public limited company with headquarters and operations in Kista north of Stockholm.

FNCA Sweden AB is appointed as the company's Certified Adviser on the Nasdaq First North Growth Market.
For more information, please visit www.bioservo.com