Teleflex Incorporated Signs New Agreements with Premier for Ligation and Stapling Products, Suture and Trocars
LIMERICK, Pa.--(BUSINESS WIRE)--Feb 20, 2012-- Teleflex Incorporated (NYSE:TFX), a leading global provider of medical devices for critical care and surgery, has announced three new group purchasing agreements with the Premier healthcare alliance. The new agreements cover Teleflex Incorporated's Weck(R) brand of Ligation and Stapling products, Deknatel(R) brand of Cardiovascular Suture and Taut(R) brand of Laparoscopic Access Ports. The agreements begin April 1, 2012 and extend through March 31, 2015.
For nearly 50 years, surgeons have relied on Weck ligation systems to provide high quality clips for every surgical need. The ligating clip and applier combination is designed to work together; the applier specifically and meticulously designed to apply a specific clip in a precise manner to provide secure, reliable ligation of vessels in critical surgeries. Weck metal clips are made with heart-shaped wire and engineered to give each clip a firm grip on blood vessels. The pre-formed clip allows for precise tip-to-tip closure to fully engulf the vessel.
The Hem-o-lok(R) polymer locking ligation system is designed to give surgeons confidence in clip security - secure in the applier, and locked on to the patient vessel. The unique polymer locking clip provides the assurance of secure "cold" ligation during critical nerve sparing prostatectomy procedures.
The Deknatel Cardiovascular Suture line was developed to satisfy the unique needs and exacting standards required during cardiac surgery. A recognized leader in valve surgery with Tevdek(R), Teleflex is working to build its reputation with Cardiac Surgeons, who now appreciate and trust the superior tactile properties of Deklene(R) Maxx(TM). This advanced polypropylene suture enables the surgeon to tie more secure knots on the coronary anastomosis.
The Taut line of bladeless laparoscopic access ports are designed with an asymmetrical dilating tip to accomplish one goal - minimize patient trauma. The broad line of access ports includes differentiated products for open access techniques using either balloon or cone ports. Taut ports are designed to meet clinician needs across many specialties and have been used extensively in robotic surgical procedures.
"Teleflex's Surgical team has a long history of working closely with physicians to develop products that help to improve patient outcomes and enhance procedural efficiencies," said Jay White, VP and General Manager, Surgical Division, Teleflex. "We're pleased to provide Premier members the clinical and financial benefits of the complete Endomechanical, Suture and Trocar product lines." About the Premier Healthcare Alliance, Malcolm Baldrige National Quality Award Recipient Premier is a performance improvement alliance of more than 2,500 U.S.
hospitals and 80,000-plus other healthcare sites using the power of collaboration to lead the transformation to high quality, cost-effective care. Owned by hospitals, health systems and other providers, Premier maintains the nation's most comprehensive repository of clinical, financial and outcomes information and operates a leading healthcare purchasing network. A world leader in helping deliver measurable improvements in care, Premier has worked with the Centers for Medicare & Medicaid Services and the United Kingdom's National Health Service North West to improve hospital performance. Headquartered in Charlotte, N.C., Premier also has an office in Washington.http://www.premierinc.com/about/news.
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 11,500 people worldwide and serves healthcare providers in more than 130 countries. For additional information about Teleflex, please refer to http://www.teleflex.com.
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, Weck, Hem-o-lok, Deknatel, Deklene,Tevdek, Maxx and Taut 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 KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA INDUSTRY KEYWORD: SURGERY HEALTH INFECTIOUS DISEASES MEDICAL DEVICES SOURCE: Teleflex Incorporated Copyright Business Wire 2012 PUB: 02/20/2012 07:00 AM/DISC: 02/20/2012 07:00 AM http://www.businesswire.com/news/home/20120220005003/