Laserscope Announces Amendment to McKesson Agreement

Laserscope, a developer of medical lasers and advanced fiber-optic devices, announced that it and McKesson Medical-Surgical have agreed to amend the parties' original distribution agreement, which provided McKesson exclusive rights to distribute Laserscope's core aesthetic laser products in the U.S. The amendment to the distribution agreement makes McKesson's distribution rights non-exclusive, extends the term of the distribution agreement for an additional five years (subject to the pre-existing termination provisions), increases the suite of products covered by the distribution agreement to include Laserscope's new Solis intense pulse light device and certain future light-based aesthetic treatment devices, and makes changes related to transfer pricing.

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