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BioElectronics signs distribution agreement with Piramal Healthcare

BioElectronics has signed a new agreement with Piramal Healthcare for distribution of BioElectronic's ActiPatch product.

ActiPatch is said to be a wafer thin patch with an embedded battery-operated microchip that delivers weeks of continuous pulsed RF therapy for less than a dollar a day. BioElectronic’s ActiPatch delivery system, using patented technology, provides a cost-effective, home use method that reduces soft tissue pain and swelling, and accelerates healing.

Piramal Healthcare will distribute ActiPatch in the Indian market both on medical and retail levels in August 2008.

Andrew Whelan, CEO of BioElectronics, said: “This is an important and significant order for BioElectronics. We continue to be excited about developing strong sales in the international marketplace. Piramal Healthcare is an aggressive player and the right partner to help us roll our product out into one of the most populous countries in the world.”