Kipuwex Signs Distribution Agreement with Medical Technology Company
Press Release
June 18, 2024 – Stockholm, Sweden – Kipuwex, a global provider of remote healthcare monitoring solutions, is excited to announce the signing of distribution agreement with Medical Technology Company, one of Egypt’s oldest and most reputable medical enterprises. Medical Technology Company, with Commercial Registration number 294145, has been serving the healthcare market in Egypt since 1995 and is headquartered at 18 El-Obour Buildings, Salah Salem Street, Heliopolis, Cairo, Egypt.
Under this agreement, Medical Technology Company will distribute Kipuwex’s advanced medical devices across Egypt and other Middle Eastern and Arabic countries. This partnership leverages Medical Technology Company’s extensive network and long-standing expertise in supplying pioneering medical and surgical devices and equipment to various healthcare specialties and sectors.
About Medical Technology Company
Founded in 1995, Medical Technology Company has established itself as a cornerstone in the Egyptian healthcare market. The company represents a group of international manufacturers on an exclusive basis, bringing cutting-edge medical technologies to Egypt and beyond. With a branch office in Kigali, Rwanda since 2016, Medical Technology Company also supplies medical devices to Rwanda and neighboring East African countries, contributing to the growth of these emerging markets.
Medical Technology Company boasts a robust network of trained and qualified sales teams and maintains long-term contracts with the Ministry of Health and health insurance sectors in Egypt and several Middle Eastern countries. These contracts, many of which have been in place for over a decade, enable the company to deliver a wide range of medical products to Ministry of Health and health insurance hospitals. Active participation in numerous tenders each year has allowed Medical Technology Company to achieve the highest market share in Egypt and other countries in various medical specialties.
About Kipuwex AB
Kipuwex is a pioneering health technology company specializing in advanced health monitoring solutions. Our mission is to combat healthcare inequality and help millions of people by providing innovative, easy-to-use devices that deliver real-time health data to patients and healthcare providers worldwide. Kipuwex envisions becoming a world-leading company in the remote monitoring and pain management domain, improving healthcare and patient outcomes through Kipuwex technology.
Strategic Partnership
The partnership between Kipuwex and Medical Technology Company marks a significant milestone in the expansion of Kipuwex’s global footprint. By leveraging Medical Technology Company’s established distribution network and market presence, Kipuwex aims to bring its state-of-the-art medical devices to a broader audience in the Middle East and Africa.
“We are thrilled to partner with Medical Technology Company, a well-respected leader in the Egyptian medical market. Their extensive experience and deep market knowledge will be invaluable as we work together to improve healthcare outcomes in the region, said Johan Kalling, CEO, of Kipuwex. “
“We are very excited to start our cooperation with Kipuwex AB , in marketing their high quality monitoring patient device, so as to supply our healthcare market with such up to date technology , helping to improve our healthcare and our patients follow up and turn their outcome much more better. We are sure that , with the support of our Partners Kipuwex AB, we will succeed to have a great market share in all our markets in the coming few years, Dr. Ahmed Farouk, CEO at Medical Technology Company.
For media inquiries, please contact: Titta Kuisma-Höynälä, CMO of Kipuwex titta.kuisma@kipuwex.com
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