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Stock impact report

STRATA Skin Sciences Announces Direct Distribution Contract with Kosmo Meditech in Korea

Strata Skin Sciences, Inc. (SSKN) 
Last strata skin sciences, inc. earnings: 3/17 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: melasciences.com/investors/home
Company Research Source: GlobeNewswire
HORSHAM, Pa., July 08, 2019 (GLOBE NEWSWIRE) -- STRATA Skin Sciences, Inc. (“STRATA”) (NASDAQ: SSKN), a medical technology company in Dermatology and Plastic Surgery dedicated to developing, commercializing and marketing innovative products for the treatment of dermatologic conditions, today announced the signing of a direct distribution contract with Kosmo Meditech for a combination of direct capital sales and direct recurring revenue sales in Korea. Contract Highlights: Strengthens the XTRAC value proposition in Korea to expand the installed base of over 250 devices in-countryTakes advantage of STRATA’s strong balance sheet to support the unique recurring revenue business model, now outside the United StatesLeverages the over 13-year relationship with Kosmo, a preeminent medical device distributor active in Korea for over 20 yearsProvides a strategy to target the over 1,800 dermatologists in Korea with a unique business proposition unseen outside the United StatesSTRATA expects Show less Read more
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