NeuroMetrix announces DPNCheck distribution agreement with Fukuda Denshi
NeuroMetrix reported an agreement with Fukuda Denshi for DPNCheck distribution in Japan. DPNCheck is NeuroMetrix' rapid, accurate, and quantitative point-of-care test to detect diabetic peripheral neuropathy. Diabetes is a serious health issue in Japan with a prevalence of 5.7% of the adult population or over 7 million people. DPNCheck received regulatory clearance and was commercially launched in Japan during 2014. Distribution was handled by Omron Healthcare until the sale of its hospital medical products business to Fukuda Denshi in late 2016. This new distribution arrangement will complete the product transition to Fukuda Denshi and represents an opportunity to accelerate local marketing efforts. DPNCheck is currently being introduced to Fukuda Denshi's domestic sales force who will handle the product through their national sales network of over 230 locations.