Hydromer, Inc. Enters Into a Royalty Generating Coatings Supply Agreement for Neurovascular and Cardiovascular Catheters
SOURCE:
Hydromer, Inc.
2008-04-02 07:00:00
Hydromer, Inc. Enters Into a Royalty Generating Coatings Supply Agreement for Neurovascular and Cardiovascular Catheters
BRANCHBURG, NJ–( EMWNews – April 2, 2008) – Hydromer, Inc. (
it has entered into a two-year, self-renewing Supply and Support Agreement
with an undisclosed medical device company.
Under the terms of this non-exclusive agreement, Hydromer will supply its
proprietary and patented Hydromer® hydrophilic coatings for use on
various Pebax® plastic neurovascular and cardiovascular catheters. This
Hydromer coating system becomes slippery when made wet, improving the ease
of catheter placement and removal by the physician during complicated
procedures within the patient’s vascular system.
“In addition to a one-time upfront payment, this agreement will provide a
quarterly source of royalty revenue,” commented Martin von Dyck, Executive
Vice President of Hydromer, Inc.
For additional information, please visit the following Web site:
Pebax® is a registered trademark of Arkema France Corporation.
Hydromer, Inc. is a bio-technology-based company involved in the research
and development, manufacture, contract coating and commercialization of
specialized polymer and hydrogel products for medical device, animal
health, cosmetic, personal care, and industrial uses. These technologies
range from Hydromer lubricious / anti-microbial / anti-thrombogenic /
anti-cell adhesion-proliferation / radio-opaque coatings for the medical
marketplace. Our animal health products are based around our patented
dairy cow mastitis control products sold under the T-Hexx® brand. The
Industrial coatings are primarily Anti-fog coatings for safety glasses,
aircraft windows, greenhouse panels and many other consumer applications
where strong Anti-fog properties are required. The Hydrogel products are
widely used by the cosmetics companies for use in lip-sticks, hair care,
lotions as well as by the medical industry for wound dressings, drug
delivery and implants.
For the latest information about Hydromer, Inc. and its products, please
visit our Web site at http://www.hydromer.com.
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