MediTouch News
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growth-positive
https://multiplesclerosisnewstoday.com/news-posts/2020/06/08/rewalk-robotics-marketing-2-mobility-aids-to-patients-us/
ReWalk Robotics has signed agreements to distribute two new neuro-rehabilitation devices in the U.S. The company will become the sole U.S. distributor of MediTouchs Tutor movement biofeedback systems and one of the distributors of Myolyns MyoCycles. The addition of these products will provide value to ReWalk and allow them to enter the telehealth capable products category. The devices are expected to be available in the U.S. starting in July.
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growth-positive
ReWalk expands product offerings in deal with Florida, Israeli companies
ReWalk Robotics has entered into agreements to distribute product lines from two companies in Florida and Israel to the U.S. market. The products include the MediTouch Tutor movement biofeedback systems and Myolyn MyoCycle Functional Electrical Stimulation products. The partnership aims to increase same-site sales and expand access to new customers. ReWalk reported a 50% decrease in revenue in the first quarter, which was attributed to the COVID-19 pandemic. The company has adjusted its spending and cash usage in response to the downturn.
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