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Fiagon AG Medical Technologies

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Fiagon AG Medical Technologies - Healthcare showcase

Year Founded & Workforce

2007

150 Employees

Industry

Healthcare

Services

Surgical Navigation System
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Fiagon AG Medical Technologies Overview

Company Headquarters: Berlin, Germany

Founded: 2007

Workforce: ~150

Company Working: Fiagon AG Medical Technologies (Fiagon) is engaged in research and development and manufacturing of ENT, spine, and brain image guidance systems. The company is a technology leader in electromagnetic surgical navigation solutions. It has a sales presence in Europe, North America, and China. It also has research and manufacturing facilities in Germany. In 2014, Fiagon received FDA approval for the ENT platform, broadening the company’s market access.

Strategy

Fiagon AG Medical Technologies focuses on expanding its market reach in developed as well as developing regions. The company is planning to do this through distribution agreements and partnerships with distributors.

Company Snapshot

150

Employees

2007

Founded

Berlin, Germany

Headquarters

SWOT Analysis

Strengths

  • Brand value
  • Innovative product line

Weaknesses

  • Limited geographic presence

Opportunities

  • Geographic expansion

Threats

  • Currency fluctuations

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Key Developments

DateApproachDevelopment
January 2019PartnershipFiagon AG Medical Technologies and Bess Medizintechnik announced the distribution partnership for ENT products in Germany. This will boost the company’s reach in the European region.
July 2016AgreementFiagon AG and Entellus Medical, Inc. announced the extension of the distribution agreement for its Fiagon branded Navigation Systems and accessories in the US and Canada. This will support the company’s presence in North America.

Product Offering

  • Fiagon AG Medical Technologies
    • Surgical Navigation System

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