LIMERICK, Pa.--(BUSINESS WIRE)-- Teleflex Incorporated (NYSE:TFX), a leading global provider of medical devices for critical care and surgery, has announced a new agreement with Novation for Teleflex’s Arrow® Dialysis Access products. It begins April 1, 2012 and extends through March 31, 2015. Novation is the health care industry’s leading supply contracting company for the members of VHA, UHC and Provista.
Teleflex offers a full line of innovative dialysis access products that are inspired by clinicians, based on the results they need to achieve—whether that’s precise tip placement or fast removal of thrombus. The Arrow brand of dialysis access products includes the Arrow NextStep®, Arrow Cannon® and Arrow Edge® chronic hemodialysis catheters, the Arrow PTD® declotting device and micropuncture introducers. Teleflex also offers the Arrowg+ard Blue® Acute Hemodialysis Catheter in the ErgoPack™ System. This acute catheter is treated with ArrowG+ard®, Teleflex’s proprietary chlorhexidine-based antimicrobial technology.
“Teleflex’s Arrow products for dialysis access have a solid reputation for innovation and patient-focus,” said Linda Beneze, Vice President and General Manager, Teleflex Specialty Products. “We look forward to partnering with the members Novation serves to offer these products to their patients.”
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 the more than 65,000 members of VHA Inc. and UHC, two national health care alliances, 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, and Provista members used Novation contracts to purchase nearly $40 billion in 2010. Novation recently earned the coveted Ethics Inside® Certification from Ethisphere Institute, a leading international think tank dedicated to the research and promotion of best practices in corporate ethics and compliance, and is the only health care group purchasing organization to earn this distinction.
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, ArrowG+ard, ArrowG+ard Blue, ErgoPack, NextStep, Cannon, Edge, PTD and Teleflex are trademarks or registered trademarks of Teleflex Incorporated or its affiliates.
CONTACT:
Teleflex Incorporated
Jake Elguicze
Treasurer and Vice President Investor Relations
610-948-2836
KEYWORDS: United States North America Pennsylvania
INDUSTRY KEYWORDS: Surgery Health Hospitals Infectious Diseases Medical Devices Medical Supplies General Health
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