November 17, 2009
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IOPtima, Meheco partner to distribute glaucoma laser-based system in China

RAMAT GAN, Israel — IOPtima has signed a cooperation and distribution agreement with China Meheco Corporation to bring its IOPtiMate laser system to the Chinese market, according to a press release from the company.

"The IOPtiMate has the potential to revolutionize glaucoma treatment in China by way of presenting a cost efficient and reproducible long-term solution for patients," Joshua Degani, PhD, CEO of IOPtima, said in the release. "We see Meheco as an ideal partner with whom to address the Chinese market, not only due to their experience with SFDA approvals of new technologies, but also due to Meheco's deep involvement in the health care system in China."

IOPtima, a Bio-Light Life Sciences subsidiary, has entered into an exclusive cooperation agreement with Meheco to distribute the company's OT-135 laser-based system in China. The system is a noninvasive filtration treatment for glaucoma.

In the agreement, Meheco received responsibility for registration and the regulatory approval process with the Chinese medical regulatory authority, the SFDA. IOPtima will assist in the approval process.

The companies will also conduct a pilot and demonstration study of the IOPtiMate in China.