Urology Products Manufacturing, Sales and Distribution
In 2001 Medi-Globe acquired 51% of UROVISION GmbH, a urology manufacturing and sales firm located in Germany. UROVISION marks Medi-Globe’s initial entry into the Urology products market. In addition to the sales and administrative offices in Germany, Medi-Globe also acquired the current Czech Republic manufacturing site (today renamed as Medi-Globe s.r.o.).
UROVISION’s product portfolio is comprised of Endo-Urology Devices and Consumables (stents). Within Medi-Globe’s Urology Group, UROVISION is positioned as a price competitive supplier offering of stents and related products.
UROVISION holds a strong market position in its home market of Germany, supported by its own direct sales force. UROVISION’s export business currently constitutes approximately 25% of total sales and is affected via a network of international distribution companies. The fast growing Chinese market is presently UROVISION‘s most important export market.