BioElectronics’ RecoveryRx Pain Relief Device Receives Clearance from Cofepris, Launching Distribution in Mexico
BioElectronics Corporation (OTC: BIEL) announced that its distribution partner in Mexico, Novro Med S.A. de C.V., has obtained authorization from the Mexican FDA (Cofepris) to import the RecoveryRx® device. This marks a significant step for the company as it expands its reach in the Mexican market. The exclusive distribution rights acquired by Novro Med are expected to lead to an initial stocking order in the second quarter of 2022. Marcela Flores, General Manager of Novro Med, expressed enthusiasm for introducing this drug-free pain therapy solution to patients in Mexico.
- Novro Med S.A. de C.V. granted exclusive rights to distribute RecoveryRx® in Mexico.
- Authorization obtained from Mexican FDA (Cofepris) for RecoveryRx® importation.
- Expected initial stocking order during the second quarter of 2022.
- None.
FREDERICK, MD, March 30, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- BioElectronics Corporation (https://www.bielcorp.com/ (OTC: BIEL) today announced its distribution partner in Mexico has received authorization from Mexican FDA (Cofepris), which allows for the importation of the RecoveryRx® device into Mexico.e
Novro Med S.A. de C.V. has contracted for the exclusive distribution rights for RecoveryRx® in Mexico. It is expected that they will receive their initial stocking order during the 2nd quarter, 2022.
“After several months of working with Cofepris, we can proudly announce we have obtained the regulatory approval for RecoveryRx®. We are very excited that we can bring this drug-free pain therapy device to patients in Mexico. We look forward to working with BioElectronics to improve patient care in Mexico,” said Marcela Flores, General Manager of Novro Med S.A de C.V.
About Novro Med S.A. de C.V.: Novro Med S.A. de C.V. is managed by Global Tech which imports, distributes, and markets medical devices and other disposable medical items in Mexico. They have more than18 years of experience in the Mexican market. Their focus is orthopedics, implants, neurosurgery, biological, protection and neuromonitoring. For more information, visit www.globaltech.com.mx
About BioElectronics: BioElectronics Corporation is a leader in non-invasive electroceuticals and the manufacturer of industry leading disposable, drug-free, pain therapy devices for the over-the-counter treatment of back pain and other musculoskeletal complaints; RecoveryRx® Devices for post-operative pain and wound care. For more information, visit www.bielcorp.com
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FAQ
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