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IceCure to distribute cancer-freezing tech in Thailand via Japan’s Terumo Corp

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IceCure Medical Ltd., an Israel-based maker of a tumor-freezing technology, said Thursday it has expanded a strategic partnership with Terumo Corp. giving the Japanese medical devices firm exclusive rights to IceCure’s product in Thailand for six years for a total of $7.2 million.

The firm, whose shares are traded on the Tel Aviv Stock Exchange, develops and markets an advanced liquid-nitrogen-based cryoablation therapy for the treatment of tumors (benign and cancerous) by freezing them, with the main focus on breast, kidney and lung cancers. Its minimally invasive technology, which does not require surgery, is a safe and effective alternative to hospital surgical tumor........

© The Times of Israel

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