Competitive Technologies, Inc. Announces Sales Order From ELS for Pain Management Devices
Published: Jan 12, 2009
FAIRFIELD, Conn., Jan. 12, 2009 (GLOBE NEWSWIRE) -- Competitive Technologies, Inc. (NYSE:CTT) announced today that it has received a sales order from Excel Life Sciences, Inc. (ELS) for pain management therapy devices. The device is a non-invasive method for rapid treatment of high-intensity oncologic and neuropathic pain, including pain resistant to morphine and other drugs. ELS, CTT's country-exclusive distributor in India, recognizing the benefits of the innovative device, was the first announced healthcare services provider to sign a distribution agreement for the device. Subsequent distribution agreements granted country-exclusive distribution rights to GEOMC Co., Ltd. for Korea, to AG Healthcare for Malaysia, and to Biogene Pharma Limited for Bangladesh.