ReNerve appoints distribution partner for Malaysian Market

• Distribution agreement with UG Medical for Malaysian market
• UG Medical has extensive network across Malaysia
• ReNerve's NervAlign received regulatory clearance in Malaysia

ReNerve Limited, an Australian biotechnology company, has announced a partnership with UG Medical, a leading medical device distributor in Malaysia, to commercialize its NervAlign products. This partnership aims to expand ReNerve's presence in the Malaysian market, which has a population of approximately 33 million and a rapidly growing healthcare sector. UG Medical will handle importation, regulatory management, and warehousing, while collaborating with ReNerve on marketing, sales, and distribution. ReNerve's NervAlign Nerve Cuff has already received regulatory clearance in Malaysia, and the company plans to launch its nerve conduit product later this year. The agreement is open-ended and on customary commercial terms.