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Duomed Group

Full company profile

uuid00099e1

Namestring
Duomed Group
Legal namestring
Duomed Belgium NV
Websiteurl
duomed.com
Company typeenum
Private
Founded yearint
1993
Descriptiontext

Duomed Group is a pan-European medical technology distributor, founded in 1993 and headquartered in Aartselaar, Belgium, operating as a division of the broader Palex Group under the "Duomed by Palex" brand. The company serves hospitals, clinics, and medical practices across nine European countries (Belgium, the Netherlands, Luxembourg, France, Denmark, Sweden, Switzerland, the United Kingdom, and Southeast Europe) through locally incorporated entities (Duomed Belgium NV, Duomed Switzerland AG, Duomed Scandinavia A/S, Duomed Medical UK Ltd, Duomed Southeast Europe, etc.), each with its own direct field sales, technical service, and training teams. Its core business is distributing and integrating medical devices and consumables from third-party manufacturers across multiple clinical specialties, including endoscopy systems and instruments, capsule endoscopy (NaviCam SB and NaviCam XS), minimally invasive surgery and hernia repair, interventional radiology, surgical stapling, patient temperature management, and ultrasound (SonoScape HD-650).

The company's technology proposition centers on exclusive long-term distribution agreements with manufacturers and the integration of their products into clinical workflows via installation, training, and ongoing technical support. Notable technology partnerships include MicroPort MedBot for the Toumai surgical robot (one of Europe's first fully CE MDR-certified robotic telesurgery systems), Fujifilm for endoscopy platforms including the CAD EYE AI-assisted polyp detection module, Vivostat for autologous fibrin sealant systems, and SonoScape for advanced ultrasound. Revenue is generated primarily through hardware and consumable distribution with a markup model and a secondary stream from technical services, installation, and multi-year enterprise support contracts priced on a quote basis; the company does not disclose pricing publicly. Duomed has historically grown through a combination of organic expansion and acquisitions (Acertys Healthcare, Onis, Life Partners Europe, REY Médical SA, Launch Diagnostics) and was financed by Permira Credit in 2017. Recent recognitions include the Gold EcoVadis Medal 2025 (top 3% globally) and CE MDR certification of the Toumai platform.

Short descriptiontext

Duomed Group is a pan-European medical technology distributor serving hospitals and medical practices across nine countries with endoscopy, minimally invasive surgery, interventional radiology, surgical robotics, and consumables via exclusive manufacturer partnerships and direct field sales.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersLonderzeel, Belgium
HQ citystring
Londerzeel
HQ countrystring
Belgium
HQ regionstring
Europe
Markets served

Serves global market

Offices6 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
medical device distribution, endoscopy equipment, surgical robotics, interventional radiology, minimally invasive surgery
SIC code2 codes
  • Surgical & Medical Instruments & Apparatus3841
  • Orthopedic, Prosthetic & Surgical Appliances & Supplies3842
Product category
Medical Device Distribution
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Medical Device Distribution
TypeHardware Sales
Description

Duomed Group operates as a medical technology distributor, purchasing products from manufacturers worldwide and selling to healthcare providers. Revenue is generated through the markup on distributed medical devices and products across multiple specialty areas including endoscopy, surgery, interventional radiology, and diagnostic equipment. The company holds exclusive long-term distribution contracts with various medical technology manufacturers.

duomed.com
2Technical Services and Support
TypeProfessional Services
Description

The company provides installation, maintenance, repair, and technical support services for medical technology, generating service-related revenue alongside product sales.

duomed.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Pricing details1 tier
1B2B enterprise pricing - quote-based
ModelOtherBilling cadenceMulti-year contract
Notes

Duomed operates as a medical device distributor with pricing determined through direct sales engagements with hospitals and healthcare providers. No public pricing is listed; customers contact sales teams for quotes.

duomed.com
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 4 records shown
1NaviCam XS
Description

Capsule endoscopy product - 44% smaller by volume than standard small bowel capsule

duomed.com
+3 more records
Core offering1 text field

Duomed Group is a pan-European medical technology distributor that supplies hospitals and medical practices with endoscopy systems, minimally invasive surgery equipment, interventional radiology devices, surgical robotics (including the Toumai telesurgery robot), hernia repair solutions, capsule endoscopy, fibrin sealants, and patient temperature management systems. The company complements its product portfolio with consultancy, integration, training, and ongoing technical support services.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Duomed Group is a pan-European medical technology distributor providing consultancy, sales, integration, training, and technical support of medical devices for hospitals and medical practices across Belgium, Netherlands, Luxembourg, France, Denmark, Sweden, Switzerland, UK, and Southeast Europe. The portfolio centers on endoscopy systems (gastroscopes, colonoscopes, duodenoscopes, capsule endoscopy including NaviCam XS), endoscopic instruments and accessories, and surgical solutions including Toumai® robotic surgery and hernia repair products. Key product lines include SonoScape ultrasound systems, Fujifilm endoscopy with CAD EYE AI, Vivostat® fibrin sealant, surgical stapling and suturing, interventional radiology devices, and patient temperature management. Duomed operates as a distributor for multiple manufacturers, offering comprehensive solutions across surgical, diagnostic, and acute care domains.

Product and service4 records
1NaviCam XS Capsule Endoscope
CategoryCapsule Endoscopy
Description

Small bowel capsule endoscope that is 44% smaller by volume than standard capsules while delivering the same exceptional image quality and diagnostic reliability for gastrointestinal disease diagnosis. For hospitals and gastroenterology departments.

2Toumai Surgical Robot Telesurgery Solution
CategorySurgical Robotics
Description

CE MDR-certified robotic surgical system enabling telesurgery capabilities, allowing hospitals to access specialized surgical expertise remotely. Developed in partnership with MicroPort MedBot. Targeted at hospitals performing minimally invasive abdominal surgery.

3SonoScape HD-650 Ultrasound System
CategoryDiagnostic Ultrasound
Description

Advanced high-definition ultrasound imaging system for gastroenterology applications featuring high-definition visualization for diagnostic accuracy in endoscopic procedures.

4Vivostat System
Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-07-01
Description

Duomed partnered with MicroPort MedBot to bring one of Europe's first fully CE MDR-certified robotic telesurgery solutions (Toumai surgical robot) to the European market. This partnership enables hospitals to access specialized surgical expertise remotely through robotic telesurgery technology.

Strategic tierCoreTypeOthersAnnounced on2024-07-01
Description

Duomed Holding Benelux N.V., a Belgian medical technology firm, completed the acquisition of Swiss company REY Medical SA in July 2024 to strengthen its presence in the Swiss minimally invasive surgery and hernia repair market.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Netherlands-based medical device and homecare distributor serving hospitals, GPs, and patients across Europe. Closely comparable European specialty distribution footprint, customer base, and multi-country operating model.

TypeBroad incumbent
Description

German endoscopy and surgical instrumentation manufacturer selling both direct and through regional distributors across Europe. Comparable hospital customer base, endoscopy product overlap, and channel model that competes with Duomed-distributed brands.

TypeBroad incumbent
Description

German medical device manufacturer with substantial direct hospital sales and distribution operations across Europe. Competes with Duomed in hospital channels for surgical, infusion, and endoscopy-adjacent products, though B. Braun owns the underlying IP.

TypeOthers
Description

Spanish parent/sister organization of Duomed within the Palex Group, providing medical technology distribution in Iberia and Latin America. Not a direct competitor but a strategically related entity under shared ownership that shapes Duomed's group-level positioning.

TypeDirect peer
Description

Global medical and dental product distributor serving hospitals and office-based practitioners. Highly comparable business model of multi-manufacturer distribution with value-added services, though at significantly larger scale and broader product breadth.

TypeBroad incumbent
Description

Global endoscopy leader that both manufactures and directly distributes flexible endoscopes, surgical devices, and AI-enabled visualization. Directly competes with several Duomed-distributed endoscopy lines and represents the primary manufacturer-disintermediation risk.

TypeBroad incumbent
Description

One of the largest medical-surgical distributors in North America and Europe, offering broad hospital supply, equipment, and pharmaceutical distribution. Comparable distribution-plus-services model but operates at much greater scale across more product categories.

TypeBroad incumbent
Description

Swedish medical solutions company specializing in wound care, surgical, and infection prevention products sold to European hospitals. Comparable specialty medical device footprint with overlap in surgical and perioperative product categories.

TypeDirect peer
Description

Nordic medical device and supplies distributor serving hospitals, clinics, and primary care across Scandinavia and Northern Europe. Closely comparable multi-country specialty distribution model with overlapping geographic markets (Denmark, Sweden).

TypeBroad incumbent
Description

Swedish medical technology company providing surgical, ICU, and sterilization solutions to hospitals globally. Competes with Duomed's surgical, interventional radiology, and acute-care portfolio through direct sales and service.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI capability2 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance4 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Duomed Group

Medical Device Distributionduomed.com

Duomed Group is a pan-European medical technology distributor serving hospitals and medical practices across nine countries with endoscopy, minimally invasive surgery, interventional radiology, surgical robotics, and consumables via exclusive manufacturer partnerships and direct field sales.

What Duomed Group does

Duomed Group is a pan-European medical technology distributor, founded in 1993 and headquartered in Aartselaar, Belgium, operating as a division of the broader Palex Group under the "Duomed by Palex" brand. The company serves hospitals, clinics, and medical practices across nine European countries (Belgium, the Netherlands, Luxembourg, France, Denmark, Sweden, Switzerland, the United Kingdom, and Southeast Europe) through locally incorporated entities (Duomed Belgium NV, Duomed Switzerland AG, Duomed Scandinavia A/S, Duomed Medical UK Ltd, Duomed Southeast Europe, etc.), each with its own direct field sales, technical service, and training teams. Its core business is distributing and integrating medical devices and consumables from third-party manufacturers across multiple clinical specialties, including endoscopy systems and instruments, capsule endoscopy (NaviCam SB and NaviCam XS), minimally invasive surgery and hernia repair, interventional radiology, surgical stapling, patient temperature management, and ultrasound (SonoScape HD-650).

The company's technology proposition centers on exclusive long-term distribution agreements with manufacturers and the integration of their products into clinical workflows via installation, training, and ongoing technical support. Notable technology partnerships include MicroPort MedBot for the Toumai surgical robot (one of Europe's first fully CE MDR-certified robotic telesurgery systems), Fujifilm for endoscopy platforms including the CAD EYE AI-assisted polyp detection module, Vivostat for autologous fibrin sealant systems, and SonoScape for advanced ultrasound. Revenue is generated primarily through hardware and consumable distribution with a markup model and a secondary stream from technical services, installation, and multi-year enterprise support contracts priced on a quote basis; the company does not disclose pricing publicly. Duomed has historically grown through a combination of organic expansion and acquisitions (Acertys Healthcare, Onis, Life Partners Europe, REY Médical SA, Launch Diagnostics) and was financed by Permira Credit in 2017. Recent recognitions include the Gold EcoVadis Medal 2025 (top 3% globally) and CE MDR certification of the Toumai platform.

Duomed Group firmographics

Firmographics
Name
Duomed Group
Legal name
Duomed Belgium NV
Website
https://duomed.com
Company type
Private
Founded year
1993
Operating status
Operating
Headcount range
11–50 employees
Short description
Duomed Group is a pan-European medical technology distributor serving hospitals and medical practices across nine countries with endoscopy, minimally invasive surgery, interventional radiology, surgical robotics, and consumables via exclusive manufacturer partnerships and direct field sales.
Ownership category
akta.pro rank

Where Duomed Group is headquartered

Location

Headquarters

HQ city
Londerzeel
HQ country
Belgium
HQ region
Europe

Offices6 records

Markets served

Duomed Group business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Medical Device Distribution: Duomed Group operates as a medical technology distributor, purchasing products from manufacturers worldwide and selling to healthcare providers. Revenue is generated through the markup on distributed medical devices and products across multiple specialty areas including endoscopy, surgery, interventional radiology, and diagnostic equipment. The company holds exclusive long-term distribution contracts with various medical technology manufacturers.
  2. Technical Services and Support: The company provides installation, maintenance, repair, and technical support services for medical technology, generating service-related revenue alongside product sales.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractB2B enterprise pricing - quote-based

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Duomed Group product offering

Product offering

Core offering

Duomed Group is a pan-European medical technology distributor that supplies hospitals and medical practices with endoscopy systems, minimally invasive surgery equipment, interventional radiology devices, surgical robotics (including the Toumai telesurgery robot), hernia repair solutions, capsule endoscopy, fibrin sealants, and patient temperature management systems. The company complements its product portfolio with consultancy, integration, training, and ongoing technical support services.

Product overview

Duomed Group is a pan-European medical technology distributor providing consultancy, sales, integration, training, and technical support of medical devices for hospitals and medical practices across Belgium, Netherlands, Luxembourg, France, Denmark, Sweden, Switzerland, UK, and Southeast Europe. The portfolio centers on endoscopy systems (gastroscopes, colonoscopes, duodenoscopes, capsule endoscopy including NaviCam XS), endoscopic instruments and accessories, and surgical solutions including Toumai® robotic surgery and hernia repair products. Key product lines include SonoScape ultrasound systems, Fujifilm endoscopy with CAD EYE AI, Vivostat® fibrin sealant, surgical stapling and suturing, interventional radiology devices, and patient temperature management. Duomed operates as a distributor for multiple manufacturers, offering comprehensive solutions across surgical, diagnostic, and acute care domains.

Differentiator

Problem solved

Functional benefit

Brands

  • NaviCam XS: Capsule endoscopy product - 44% smaller by volume than standard small bowel capsule
  • NaviCam SB
  • Palex Women
  • Vivostat System

Products and services

  • NaviCam XS Capsule Endoscope Small bowel capsule endoscope that is 44% smaller by volume than standard capsules while delivering the same exceptional image quality and diagnostic reliability for gastrointestinal disease diagnosis. For hospitals and gastroenterology departments.
  • Toumai Surgical Robot Telesurgery Solution CE MDR-certified robotic surgical system enabling telesurgery capabilities, allowing hospitals to access specialized surgical expertise remotely. Developed in partnership with MicroPort MedBot. Targeted at hospitals performing minimally invasive abdominal surgery.
  • SonoScape HD-650 Ultrasound System Advanced high-definition ultrasound imaging system for gastroenterology applications featuring high-definition visualization for diagnostic accuracy in endoscopic procedures.
  • Vivostat System

Companies that use Duomed Group

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Duomed Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Duomed Group partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • MicroPort MedBotcoreStrategic or Co-development Partner · 1 July 2024Duomed partnered with MicroPort MedBot to bring one of Europe's first fully CE MDR-certified robotic telesurgery solutions (Toumai surgical robot) to the European market. This partnership enables hospitals to access specialized surgical expertise remotely through robotic telesurgery technology.
  • REY Medical SA (Acquired)coreOthers · 1 July 2024Duomed Holding Benelux N.V., a Belgian medical technology firm, completed the acquisition of Swiss company REY Medical SA in July 2024 to strengthen its presence in the Swiss minimally invasive surgery and hernia repair market.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Duomed Group competitors and assessment

Company assessment

Direct peers

  • Mediq: Netherlands-based medical device and homecare distributor serving hospitals, GPs, and patients across Europe. Closely comparable European specialty distribution footprint, customer base, and multi-country operating model.
  • Henry Schein: Global medical and dental product distributor serving hospitals and office-based practitioners. Highly comparable business model of multi-manufacturer distribution with value-added services, though at significantly larger scale and broader product breadth.
  • OneMed Group: Nordic medical device and supplies distributor serving hospitals, clinics, and primary care across Scandinavia and Northern Europe. Closely comparable multi-country specialty distribution model with overlapping geographic markets (Denmark, Sweden).

Broad incumbents

  • KARL STORZ: German endoscopy and surgical instrumentation manufacturer selling both direct and through regional distributors across Europe. Comparable hospital customer base, endoscopy product overlap, and channel model that competes with Duomed-distributed brands.
  • B. Braun: German medical device manufacturer with substantial direct hospital sales and distribution operations across Europe. Competes with Duomed in hospital channels for surgical, infusion, and endoscopy-adjacent products, though B. Braun owns the underlying IP.
  • Olympus Medical Systems: Global endoscopy leader that both manufactures and directly distributes flexible endoscopes, surgical devices, and AI-enabled visualization. Directly competes with several Duomed-distributed endoscopy lines and represents the primary manufacturer-disintermediation risk.
  • McKesson Medical-Surgical: One of the largest medical-surgical distributors in North America and Europe, offering broad hospital supply, equipment, and pharmaceutical distribution. Comparable distribution-plus-services model but operates at much greater scale across more product categories.
  • Mölnlycke Health Care: Swedish medical solutions company specializing in wound care, surgical, and infection prevention products sold to European hospitals. Comparable specialty medical device footprint with overlap in surgical and perioperative product categories.
  • Getinge: Swedish medical technology company providing surgical, ICU, and sterilization solutions to hospitals globally. Competes with Duomed's surgical, interventional radiology, and acute-care portfolio through direct sales and service.

Others

  • Palex Medical: Spanish parent/sister organization of Duomed within the Palex Group, providing medical technology distribution in Iberia and Latin America. Not a direct competitor but a strategically related entity under shared ownership that shapes Duomed's group-level positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Duomed Group social profiles

Digital presence

Duomed Group compliance and trust

Trust signal

Compliance4 records

Duomed Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Duomed Group leadership team

Management profile

Number of profiles

Duomed Group subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Duomed Group funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Duomed Group M&A and investment

M&A and investment

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Duomed Group

What does Duomed Group do?

Duomed Group is a pan-European medical technology distributor that supplies hospitals and medical practices with endoscopy systems, minimally invasive surgery equipment, interventional radiology devices, surgical robotics (including the Toumai telesurgery robot), hernia repair solutions, capsule endoscopy, fibrin sealants, and patient temperature management systems. The company complements its product portfolio with consultancy, integration, training, and ongoing technical support services.

Is Duomed Group a public or private company?

Duomed Group is a private company. It is classified as corporate owned and is currently operating.

When was Duomed Group founded?

Duomed Group was founded in 1993. It employs 11 to 50 people.

Where is Duomed Group based?

Duomed Group is headquartered in Londerzeel, Belgium, in the Europe region.

How does Duomed Group make money?

Two revenue lines are on record. Medical Device Distribution is the primary driver. The others are technical Services and Support.

Who are Duomed Group's main competitors?

Direct peers on record are Mediq, Henry Schein and OneMed Group. Broad incumbents are KARL STORZ, B. Braun, Olympus Medical Systems, McKesson Medical-Surgical, Mölnlycke Health Care and Getinge. Palex Medical is listed as an others.

Does Duomed Group have an API?

No public API is recorded for Duomed Group.

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Live signals
openPR.comMarket Trend Insights: The Impact of Recent Innovations on the Bariatric Surgery Devices MarketA market report projects the bariatric surgery devices market will reach $3.53 billion by 2030, growing at a 9.8% CAGR, driven by demand for minimally invasive procedures and robotic surgery platforms. In July 2024, Belgium-based Duomed Group acquired Swiss distributor REY Médical SA to expand its distribution network in Switzerland for minimally invasive surgical equipment. In October 2024, Johnson & Johnson MedTech launched the ECHELON ENDOPATH bioabsorbable staple line reinforcement device for bariatric surgeries, with clinical data indicating that 70% of bariatric surgeons use staple line reinforcement in sleeve gastrectomy procedures.openPR.comProjecting the Global Hernia Repair Devices Market Size to Expand at a 5.19% CAGR Through 2032, DelveInsight AnalysisDelveInsight published a market research report projecting the global hernia repair devices market to grow from USD 4,251.94 million in 2024 to USD 6,351.47 million by 2032, with a compound annual growth rate of 5.19%. Recent developments include FDA 510(k) clearance for Momentis Surgical's Anovo robotic surgery platform, Duomed Group's acquisition of REY Medical SA, and TELA Bio's launches of the OviTex IHR reinforced tissue matrix and LIQUIFIX fixation devices in the United States.GlobeNewswireGentherm Expands Strategic Partnership with DUOMED to Enhance Distribution Across EuropeGentherm expanded its partnership with DUOMED into France, extending the Benelux collaboration. DUOMED will offer Gentherm's Astopad resistive warming system and Vytil convective warming system to healthcare providers in France and Benelux. The move aims to deliver patient temperature management technologies across Europe.Stock TitanGentherm Expands Medical Tech Distribution Across Europe with DUOMED DealGentherm expanded its partnership with DUOMED into France, offering its Astopad resistive warming system and Vytil convective warming system to healthcare providers in France and Benelux. The deal builds on existing collaboration in the Benelux region, with early French clinician feedback praising Vytil blankets.GlobeNewswireAvacta Announces Agreement to Sell Launch Diagnostics and a Corporate UpdateAvacta Therapeutics sold its UK diagnostics unit Launch Diagnostics to Duomed Belgium for £12.9 million, with completion expected by April 2025. The proceeds will fund its pre|CISION® platform, and the company also updated its lead program AVA6000 and second program AVA6103.Biotech-spainPalex and Duomed to create the first truly pan-European MedTech distribution platform focused on value-added products and servicesPalex Medical has executed a put option agreement to acquire Duomed, creating a pan-European MedTech distribution platform focused on value-added products. The transaction, expected to close in Q3 2024, combines Palex's existing footprint with Duomed's operations across Northern, Western, and Southern Europe to enhance geographic reach and product portfolios for OEM partners.Apax PartnersPalex and Duomed to create the first truly pan-European MedTech distribution platform focused on value-added products and servicesPalex Medical has executed a put option agreement to acquire Duomed, aiming to create the first pan-European MedTech distribution platform focused on value-added products. This acquisition follows Palex's recent purchase of Izasa and is expected to close in Q3 2024, subject to customary closing conditions. The combined entity will expand its geographic footprint across Northern, Western, and Southern Europe while maintaining Duomed's local identity.GlobeNewswireARSEUS: PUBLICATION OF GUARANTOR LIST AND COMPLIANCE CERTIFICATEArseus published its guarantor list and compliance certificate on 30 September 2014, adding Pharmacy Services Inc. as a guarantor and removing Duo-Med NV and Dutch Biofarmaceutics B.V. from the list. The changes relate to the €225,000,000 4.75% bond with a 2017 maturity date.GlobeNewswireStrategic acquisition of Duo-Med in BelgiumArseus completed the acquisition of Duo-Med, a Benelux medical technology supplier, on 30 September 2009. Duo-Med reported approximately €6 million in 2008 turnover with a double-digit EBITDA margin. The acquisition will be consolidated from 1 September 2009.