Micrus to enter Chinese market

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Micrus Endovascular, a Sunnyvale, Calif.-based developer of cerebral vascular devices used in interventional radiology, has signed a five-year exclusive agreement with Beijing Tian Xin Fu Medical Appliances (TXF Medical) for the distribution in China of Micrus’ implantable and disposable medical devices used in the treatment of neurovascular diseases. Micrus expects to begin distributing its products through TXF Medical in the Chinese market on receiving regulatory approval.

Under the terms of the agreement, TXF Medical will distribute Micrus’ full product line throughout China. Micrus plans to formally introduce its products during the World Federation of Interventional and Therapeutic Neuroradiology meeting in Beijing next month, according to the company.