Trendlines Portfolio Company ElastiMed Signs US Distribution Deal

MT Newswires

07/15

The Trendlines' (SGX:42T) portfolio company, ElastiMed, signed an exclusive US distribution agreement with Nasdaq-listed Tactile Systems Technology for its MySleeve wearable compression device, according to a Tuesday filing with the Singapore Exchange.

Under the agreement, Tactile Systems will serve as ElastiMed's exclusive US distribution partner and will introduce the device to the Department of Veterans Affairs and Department of Defense patients across the country.

The device is used to treat venous and lymphatic conditions.

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