MINNEAPOLIS, Oct. 09, 2018 (GLOBE NEWSWIRE) — Precision Therapeutics Inc. (NASDAQ: AIPT) (“Precision” or “the Company”) is pleased to announce that its Skyline Medical division, producer of the FDA-approved and CE-marked STREAMWAY® System for automated, direct-to-drain medical fluid disposal, has partnered with Prenit World, an international distributor of medical infrastructure solutions for healthcare facilities, to market the STREAMWAY System in India. Signing this international distribution agreement represents the Company’s entry into India’s bourgeoning healthcare market. /EIN News/ — For the past 10 years Prenit World has provided technologically advanced and superior quality medical infrastructure solutions to operating theaters and other healthcare facilities in India. Under the terms of the agreement, Prenit World will be the exclusive distributor of the STREAMWAY System, as well as its associated filters and cleaning solutions, to hospitals and other healthcare facilities in India. Partnering with a reputable third-party distributor in India is the latest milestone in Skyline Medical’s ongoing international expansion strategy. Following the opening of its European entity earlier in 2018, the Company recently announced it has secured its first system sale in Europe. Furthermore, Skyline Medical is currently in negotiations with several other international distributors in the United Arab Emirates, Kuwait and Libya, and is also… Read full this story
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