TOKYO, Feb. 21, 2013 -- Boston Scientific Corporation (NYSE: BSX) subsidiary Boston Scientific Japan K.K. has reached an agreement with Fukuda Denshi Co., Ltd. to market and sell the Boston Scientific Spinal Cord Precision Plus System and accessories throughout Japan. Fukuda Denshi's extensive sales resources, distribution network and service capabilities are expected to enable Boston Scientific to reach substantially more accounts, customers and patients in Japan. Fukuda Denshi will begin distributing Boston Scientific Neuromodulation products April 1, 2013.
Boston Scientific is a leading developer of Neuromodulation devices used to manage chronic neuropathic pain. The Boston Scientific Spinal Cord Precision Plus System is the only device on the market with 16 dedicated, independent current sources designed to precisely target patient pain and the only device to offer patients wireless charging and wireless remote control to treat their pain. The remote controller is designed for patient ease of use due to its small size.
"We are pleased to reach this agreement with Fukuda Denshi to distribute our Neuromodulation products in Japan," said Yusuke Naiki, president, Boston Scientific Japan. "Fukuda Denshi has been an established player in Japan for more than 70 years, with a proven track record and a long and successful history of delivering results. We look forward to a successful relationship."
Currently, more than 60,000 patients around the world are using The Precision Plus System.
About Boston Scientific
Boston Scientific transforms lives through innovative medical solutions that improve the health of patients around the world. As a global medical technology leader for more than 30 years, we advance science for life by providing a broad range of high performance solutions that address unmet patient needs and reduce the cost of healthcare. For more information, visit us at www.bostonscientific.com.
About Fukuda Denshi
Founded in 1939, Fukuda Denshi is a global leader in the research and development, manufacture and sale of medical electronics equipment. With corporate headquarters in Tokyo, the company supports direct sales and distributor networks globally.
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