◂ Announcements

Jul 12, 2025CONTRACT

Sooil Development signs 300 billion won supply contract with Mediq

Sooil Development announced a four-year contract valued at 300 billion won with Mediq, a European medical device distributor, to supply insulin pump technology across Europe. The deal involves collaboration with Diabeloop and initial shipments have started to Germany.

Value

$225.0M (300.0B KRW)

Status

Announced

Productsinsulin pumpsautomated insulin delivery system

CompaniesSooil Development Mediq customer Diabeloop partner

Sectors#Medical Devices

“Sooil Development recently announced a significant new contract with Mediq, a major European medical device distributor.”productadvisor.com

1 source
productadvisor.comSooilMr. Duke KimJul 11, 2025

Summarized from public sources; check the original articles before acting on it.

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