Mentice receives order of SEK 7.0M from Abbott

Mentice AB a leading supplier of high-technology solutions for simulation in the medical sector with focus on endovascular procedures, has through its fully owned subsidiary Mentice Inc entered into an agreement with ABBOTT Inc. to provide simulation solutions for training of interventional devices.

The order covers systems that will be offered under a rental agreement for a 12-month term and the company will accordingly account for revenue under the same period.

The solutions will support ABBOTT’s CRM division in the work of rolling out new medical devices to the market in a safe and effective way.

The order will be accounted for in the order book for the segment Medical Device Industry during the fourth quarter 2021. The total value for the order amounts to SEK 7.0 million. PR Newswire