ReNerve Signs Exclusive Partnership with Leading Distributor in Hong Kong to
Accelerate International Expansion
Highlights:
● ReNerve Limited has partnered with Accession Medical Supplies Co in an exclusive distribution
agreement for sales and marketing in Hong Kong and Macau
● The agreement with Accession marks ReNerve’s further expansion into the Asian market for the
Company’s primary product, the NervAlign® Nerve Cuff
● The NervAlign® Nerve Cuff is an FDA cleared product for use on damaged or transected nerves with
no gaps or gap closure achieved by flexion
● ReNerve has submitted its application for regulatory approval in Hong Kong
● ReNerve will leverage Accession’s existing relationships with local hospitals and surgeons to drive
sales, which in turn will assist in gaining regulatory approval and act as a gateway to the broader
Greater Bay Area
● The Global Nerve Repair Biomaterials Market was valued at USD$1.96 billion in 2024 and is projected
to grow at a CAGR of 17.8% from 2024 to 2031 to USD$6.19 billion1
Good announcement - pressing the expansion button now we have adequate funding - IMHO we are in very experienced hands with our CEO - he has been involved heavily in building successful medical businesses before so not his first rodeo
We don't need to win much of the market share given how massive the market is
GLTAH
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