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Medigus received its first commercial order for an integrated visualization device based on its micro ScoutCam technology, to work with A.M. Surgical's Stratos product. The order includes production of 1,400 units with agreed payment of $650,000.
Medigus Ltd. entered into a development and manufacturing agreement with A.M. Surgical Inc. to develop an integrated visualization device based on micro ScoutCam technology for orthopedic endoscopic procedures. The total project budget is $780,000, paid based on milestones.
Medigus received its first purchase order for the MUSE system in Italy from distributor INNOVAMEDICA S.p.A., under a four-year distribution agreement requiring minimum purchases of EUR 1 million.