BSD Medical Corp. (BSDM) reported signing an exclusive, long-term, multi-million dollar distribution agreement with Terumo Europe NV, an unit of Terumo Corp., (TRUMF.PK) for the MicroThermX Microwave Ablation System. As per the distribution deal, Terumo Europe NV would have the exclusive right to market MicroThermX in 100 countries in Europe, Western Asia, and Northern Africa. The potential market size for MicroThermX in these countries is projected to be more than $1 billion in annual sales.
According to the company, this agreement validates the large market opportunity for MicroThermX ablation products and is likely to drive market adoption for the MicroThermX as a leading ablation therapy system. Strategically, MicroThermX would benefit from Terumo Europe NV's extensive market reach, focus on interventional oncology, and well-established relationships with key interventional oncology opinion leaders throughout Europe, BSD Medical added.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.