LiDCO Group plc appointed Nihon Kohden Corp. as the exclusive distributor for the LiDCOrapid monitor and disposable kit in Japan. Nihon Kohden will work with LiDCO, and its existing partner Argon Medical Devices, to market and sell LiDCOrapid products in Japan.

Under the terms of the agreement LiDCO has appointed Nihon Kohden as the exclusive distributor of LiDCOrapid monitors in Japan. LiDCO will continue to supply Argon with LiDCOrapid Smartcards, for assembly into kits with Argon's blood pressure transducer with Nihon Kohden being the exclusive distributor of these kits in Japan. As previously announced regulatory and reimbursement approval for LiDCOrapid has already been received from the Japanese regulators.

This agreement is aligned with LiDCO's ongoing strategy of increasing sales by predominantly using a distribution route to market.