LIMERICK, Pa.--(BUSINESS WIRE)--Nov. 12, 2013--
Teleflex Incorporated (NYSE: TFX), a leading global provider of medical
devices for critical care and surgery, has announced it was recently
awarded a new agreement from Novation for its complete line of Arrow®
Intra-Aortic Balloon Catheters and Pumps. Novation is a leading health
care supply chain expertise, analytics and contracting services
organization.
The agreement, effective January 1, 2014, will provide the more than
65,000 members served by Novation with a variety of offerings from
Teleflex, including the AutoCAT®2 WAVE®
Intra-Aortic Balloon Pump with the proprietary wave algorithm that
detects the aortic valve closure point for each beat as it occurs. This
technology enables accurate timing based on the individual
characteristics of each heartbeat, as it occurs in real time, even
during severe arrhythmia. Teleflex also provides a wide range of IAB
catheters with unique features such as a wire reinforced catheter body
to reduce the risk of kinking.
“We are proud to partner with Novation through the new agreement which
provides hospital members the advanced Arrow® Intra-Aortic
Balloon Technology from Teleflex for treating patients with severe
cardiac events,” said Howard Miller, President, Cardiac Care Division of
Teleflex.
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 11,200 people worldwide and serves
healthcare providers in more than 140 countries. Additional information
about Teleflex can be obtained from the company's website at teleflex.com.
About Novation
Founded in 1998, Novation is the leading health care supply chain
expertise, analytics and contracting company for the more than 65,000
members of VHA Inc. and UHC, two national health care alliances,
Children's Hospital Association, an alliance of the nation's leading
pediatric facilities, and Provista, LLC. Novation provides alliance
members with sourcing services, as well as information and data
services. Based in Irving, Texas, Novation develops and manages
competitive contracts with more than 600 suppliers. VHA, UHC, Children’s
Hospital Association, and Provista members used Novation contracts to
purchase more than $43 billion in 2012.
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.
Teleflex, Arrow, AutoCat and Wave are trademarks or registered
trademarks of Teleflex Incorporated or its affiliates.
© 2013 Teleflex Incorporated. All rights reserved. 2013-2560
Source: Teleflex Incorporated
Teleflex Incorporated
Jake Elguicze
Treasurer and Vice
President, Investor Relations
610-948-2836