Tentech signs an exclusive copyright contract worth about 5.2 billion won with INLZ in Russia

Tentech signs an exclusive copyright contract worth about 5.2 billion won with INLZ in Russia

Tentech (CEO Han Dong-ok) announced that it has signed a contract for the exclusive rights of 10THERA, 10THERMA, and 10PL with INLZ, Russia worth 4 million dollars (approximately KRW 5.2 billion).

INLZ, which has signed a copyright contract with Tentech, is a company that specializes in distributing beauty-related medical devices. It mainly sells products of global companies in the United States exclusively to Russia, and is a world-class company that generates annual sales of more than 30 billion KRW among distribution companies specializing in medical devices. Currently, chain hospitals are also operating in Russia.

Tentech signed a $4 million contract with INLZ for products such as 2-line HIFU 10THERA, Monopolar RF 10THERMA, and Fractional IPL 10PL, and is in the process of acquiring Russian GOST certification.

Tentech recently started full-fledged marketing with ‘10THERMA’ and its sales are steadily growing, and it is attracting attention from the industry by strengthening the academic part, such as holding a symposium for actual users of Tentech products.

“We expect to expand the position of Tentech’s medical devices in the Russian market with this Russian copyright contract. We expect sales to increase as we are about to sign copyright contracts not only in Russia but also in America, South America, Asia, and Europe,” said an official from Tentech.

Reporter Lim Jae-ho mirage0613@bntnews.co.kr

Article report from bntnews beauty team beauty@bntnews.co.kr

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