Medical-device maker

Abiomed

(ABMD) - Get Report

signed a five-year agreement in which Medix Japan will distribute the company's AB5000 and Impella products.

Abiomed said the deal will be worth $16 million or more.

Medix Japan will purchase $11 million of Impella products in the first 18 months following the product's regulatory approval in Japan. The balance of the purchase commitment is for Abiomed's other products and begins in the company's fiscal 2008 first quarter.