CardioDynamics forms distribution agreement with Indian manufacturer

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CardioDynamics, an impedance cardiography (ICG) technology provider, has formed a strategic alliance with Recorders and Medicare Systems (RMS), a medical equipment manufacturer in Chandigarh, India.

Under the terms of the distribution and technology license agreements, RMS will have rights to sell CardioDynamics manufactured BioZ ICG products in India and also will integrate BioZ ICG technology into RMS' patient monitoring products, according to the San Diego-based CardioDynamics.

CardioDynamics said it will receive product revenue for each ICG monitor and a licensing fee for each BioZ ICG kit purchased by RMS.