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Cadence Biomedical announces international distribution agreement for Kickstart Walking System

PDF: Cadence Biomedical announces international distribution agreement for Kickstart Walking System

THERAPY PROVEN TO HELP PATIENTS WALK AGAIN EXPANDS TO KOREA

Seattle-based Cadence Biomedical announces international agreement following success with U.S. patients

SEATTLE– Cadence Biomedical, Inc., a medical device company focused on rehabilitation from neurological injuries and neurodegenerative conditions, announced its international expansion today. The company has entered into an agreement with LM, Co., Ltd. to be the exclusive distributor for the Kickstart Walking SystemTM in the Republic of Korea.

Kickstart is the world’s first affordable and easy-to-use neurorehabilitation system to retrain walking following stroke, incomplete spinal cord injury, and many other neurological conditions. Kickstart is unique in that it provides walking assistance without electronics – its patented exotendon technology is designed to store and return energy like a natural tendon to provide support, stability and assistance to weakened muscles, enabling patients to walk more naturally and eventually rehabilitate from their injuries.

Two versions of Kickstart are available: KickstartPT is an adjustable clinical model that rehabilitation facilities can use with patients during therapy sessions, and KickstartPersonal is custom fit to patients for use in home and community settings for daily activities. Two papers presented at the Combined Sections Meeting of the American Physical Therapy Association in Las Vegas in February confirmed Kickstart’s potential as both a walking aid and a therapeutic tool, demonstrating that Kickstart users improved their walking while wearing Kickstart and, after several months of use, were also able to maintain many of those improvements, even when walking without Kickstart.

“Stroke is a large and growing problem in the Republic of Korea.” said Terry Han, Director of Marketing and New Business Development for LM. “We are thankful for the opportunity to distribute Kickstart and look forward to improving the lives of potentially hundreds of thousands of Koreans.”

“Every day I am more and more impressed by Kickstart’s ability to transform the lives of people struggling to walk again, ” said Brian Glaister, President and CEO at Cadence Biomedical. “Our partnership with LM is our first in Asia and is an important step in fulfilling our mission of making Kickstart the standard of care for neurorehabilitation across the globe.”

About Cadence Biomedical

Cadence Biomedical is a commercial-stage medical device company headquartered in Seattle, Washington that is committed to improving the state of neurorehabilitation across the globe. Cadence markets the Kickstart Walking System, the first of its kind neurorehabilitation system that is designed to provide assistance without electronics to enable stroke survivors and those recovering from other neurological conditions to walk independently and recover from their conditions. For more information, please see

www.cadencebiomedical.com or www.fb.com/cadencebio

Media Contact: Ms. Chie Kawahara, VP Product Management, chie@cadencebio.com

About LM

LM Co., Ltd. is headquartered in Seoul, South Korea and specializes in the importation and distribution of state-of-the-art medical devices. LM has a wide product portfolio and a sales network throughout the country. The company has made significant contributions to the quality of healthcare in South Korea by introducing the most advanced medical technologies from across the globe and acts as a skilled partner for foreign companies wishing to enter the South Korean market.

Media Contact: Mr. Terry Han, Director of Marketing and New Business Development

bdccorp@naver.com