WORK Medical Technology Signs Exclusive Distribution Agreement with Shanghai Benke
WORK Medical Technology Group, through its subsidiary, Work Medical Treatment Equipment Co., announced that its subsidiary, Hunan Saitumofei Medical Treatment Technology Co., entered into a one-year exclusive distribution agreement with Shanghai Benke Medical Technology Co. to promote and distribute its newly launched AI-Automated Blood Cell Morphology Analyzer in East China throughout 2026. The collaboration is expected to accelerate market access and drive large-scale commercialization of the new product. Pursuant to the Agreement, Hunan Saitumofei has granted Shanghai Benke exclusive distribution rights for the Analyzer in East China, covering Jiangsu Province, Shanghai Municipality, and Zhejiang Province -- core markets within China's economically dynamic Yangtze River Delta region -- from January 1 to December 31, 2026. The Agreement establishes a minimum annual sales target of RMB 10M. Shanghai Benke has prepaid a performance bond of RMB 1M, which will be deducted from the final payment or refunded without interest upon achievement of the sales target.
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Intelligent Bio Solutions Plans $10 Million Private Placement, Shares Plunge 19.7%
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