# 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.

- Type: Contract
- Announced: 2025-07-12
- Value: $225.0M (300.0B KRW)
- Status: announced
- Products: insulin pumps, automated insulin delivery system
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Sooil Development](https://endata.com/companies/85958.md)
- [Mediq](https://endata.com/companies/66209.md) (customer)
- [Diabeloop](https://endata.com/companies/85959.md) (partner)

## Sources

- [productadvisor.com](https://productadvisor.com/archives/3564), 2025-07-11: "Sooil Development recently announced a significant new contract with Mediq, a major European medical device distributor."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.