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Grand Pharmaceutical Group (远大医药) entered into an exclusive licensing agreement with CardioFocus to commercialize the HeartLight X3 laser ablation platform for atrial fibrillation in Greater China, with milestone payments up to $20 million.
Precision Optics Corporation has received a $2.2 million follow-on order from CardioFocus, Inc. to manufacture a cardiovascular endoscope for the HeartLight Endoscopic Ablation System. Deliveries are scheduled over two years starting April 2019.