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Stock impact report

Inari Medical enters China distribution partnership [Yahoo! Finance]

Inari Medical, Inc. (NARI) 
Company Research Source: Yahoo! Finance
China-based medical device platform VFLO Medical for the distribution of its venous disease technology across the Greater China region. Under the new agreement, Inari notes it plans to leverage VFLO's infrastructure to commercialise its device, thereby, “benefitting from its local relationships and commercial expertise within the Greater China region”. A company that was incubated by 6 Dimensions and 120 Capital, VFLO will gain the right to use Inari's technology to manufacture products for domestic sale in Greater China. Inari CEO Drew Hykes said: “This joint venture allows many different types of patients and hospitals to access and benefit from Inari's technologies across multiple segments of China's complex healthcare delivery system.” Inari is chiefly known for making peripheral vascular devices, including catheters and thrombectomy systems. The company is perhaps best known for FlowTriever, the first mechanical thrombectomy system to receive clearance from the US Food and Show less Read more
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