Clerical Medical refutes distribution deal rumour

Clerical Medical International (CMI) has denied rumours that it bought 100% stakes in three distribution companies based in Germany. But Chris Evans, head of sales and marketing at CMI in Luxembourg, has admitted the company is reviewing its agreement with three master distributors and expects to "deepen the relationships" later this year. This comes a month after CMI decided to stop its master distribution agreement with European Business Network (EBN) Luxembourg and less than a year after it took minority stakes in five distribution companies involved in the cross-border and German marke...