Contracts include Central Venous Access, Respiratory, Anesthesia
Airway and Chest Drainage Products
LIMERICK, Pa., Oct 24, 2011 (BUSINESS WIRE) --
Teleflex Incorporated (NYSE: TFX), a leading global provider of
medical devices for critical care and surgery, has announced several new
agreements with Novation for Teleflex's Arrow(R) central venous access
(CVC) products, Hudson RCI(R) and Gibeck(R) respiratory products, Sheridan(R)
and Rusch(R) endotracheal tubes and Pleur-evac(R) chest drainage systems.
The agreements begin January 1, 2012 and extend through December 31,
2014. Novation is the health care industry's leading supply contracting
company for the members of VHA, UHC and Provista.
The agreements cover:
- The full range of Arrow non-tunneled central venous access catheters,
many of which are available in the ErgoPack(TM) System, a packaging
system designed to support compliance with best practice and
guidelines for catheter insertion. In addition, more than 30 studies
and reviews support the ARROWg+ard(TM) catheter technology's ability to
reduce the incidence of central line-associated bloodstream infection
(CLABSI).
- Teleflex's comprehensive portfolio of Hudson RCI and Gibeck
respiratory products designed to meet patient needs throughout the
Respiratory Pyramid of Care, including products for oxygen and aerosol
therapy, humidification, filtration and non-invasive ventilation.
Teleflex is an awarded supplier in three subcategories in the new
Novation Airway Management Committed Portfolio--Ventilator Disposables,
Routine Respiratory and Small Volume Nebulizers.
- Teleflex's full line of clinically differentiated endotracheal tubes,
endobronchial tubes and intubation accessories. This includes the
ISIS(R) HVT(TM), a convertible endotracheal tube that provides better
access to best practices in airway management. The agreement also
includes Teleflex's Sheridan and Rusch brands, which demonstrate
Teleflex's continued commitment to design products that enhance
procedural efficiency and promote patient safety during intubation.
- The full line of Pleur-evac chest drainage products, the
premier solution for thoracic, cardiovascular, trauma and critical
care. The agreement also covers the Pleur-evac pneumonectomy unit,
autotransfusion bags and thoracic catheters.
"We value our partnership with Novation and its VHA, UHC and Provista
members across each of our product categories. We look forward to
continuing to work with them under these new agreements," said Benson F.
Smith, Chairman, President and CEO, Teleflex Incorporated. "Teleflex is
committed to working as a trusted resource for healthcare professionals
as they work to provide high quality patient care."
About Teleflex Incorporated
Teleflex is a leading global provider of specialty medical devices for a
range of procedures in critical care and surgery. Our mission is to
provide solutions that enable healthcare providers to improve outcomes
and enhance patient and provider safety. Headquartered in Limerick, PA,
Teleflex employs approximately 11,600 people worldwide and serves
healthcare providers in more than 130 countries. Additional information
about Teleflex can be obtained from the company's website at http://www.teleflex.com.
About Novation
Founded in 1998, Novation is the leading health care supply contracting
company for more than 25,000 members of VHA Inc. and UHC, two national
health care alliances, and 5,500 members of Provista, LLC, representing
more than 30,000 sites. Novation provides alliance members sourcing and
information and data services. Based in Irving, Texas, Novation develops
and manages competitive contracts with more than 600 suppliers. VHA, UHC
and Provista members used Novation contracts to purchase approximately
$40 billion in 2010.
Forward-Looking Statements
Any statements contained in this press release that do not describe
historical facts may constitute forward-looking statements. Any
forward-looking statements contained herein are based on our
management's current beliefs and expectations, but are subject to a
number of risks, uncertainties and changes in circumstances, which may
cause actual results or company actions to differ materially from what
is expressed or implied by these statements. These risks and
uncertainties are identified and described in more detail in our filings
with the Securities and Exchange Commission, including our Annual Report
on Form 10-K.
Arrow, Hudson RCI, Gibeck, Rusch, Sheridan, ISIS, HVT, ErgoPack,
ARROWg+ard, Pleur-evac and Teleflex are trademarks or registered
trademarks of Teleflex Incorporated or its affiliates.
SOURCE: Teleflex Incorporated
Teleflex Incorporated
Jake Elguicze
Treasurer and Vice President Investor Relations
610-948-2836