Osteopore (ASX:OSX) secured a nonexclusive three-year distribution arrangement with Kelyniam Global to market its craniofacial implants in the US, according to a Monday Australian bourse filing.
Working with the medical device manufacturer allows Osteopore to leverage their established access to hospitals and potential customers, its Chief Executive, Yujing Lim, said.
Osteopore expects the first purchase to follow promptly after the agreement is signed.
Its shares rose 7% in recent trading on Monday.