LAWRENCE, Mass., Jan. 9, 2012 /PRNewswire/ -- NxStage Medical, Inc. (Nasdaq: NXTM), a leading manufacturer of innovative dialysis products, today announced that its Medisystems in-center business and B. Braun Medical Inc. have agreed to extend their supply agreement under which Medisystems will supply B. Braun with its Streamline ® blood tubing sets for use on the B. Braun Dialog ® and Dialog +® hemodialysis systems, Medisystems MasterGuard ® and Buttonhole ® needles, and ancillary products for sale in the U.S. Under the terms of the amended agreement, which has been extended through 2014, B. Braun will provide sales, marketing and clinical support to its customers in the U.S.
"Medisystems' Streamline technology has fast become our standard bloodline product, with our customers reporting improved operational efficiencies," said Sam Amory, Vice President B. Braun Renal Therapies Division. "We are pleased to provide Streamline as well as Medisystems MasterGuard and Buttonhole needles and ancillary products so our customers can provide excellent dialysis care."
Streamline features an efficient and airless design intended to improve clinical and economic performance. Streamline is designed to reduce dialysate flow, dialyzer size, treatment time, minimize heparin and waste, and optimize dose delivery, as measured in Kt/V. Streamline also includes NxStage's patented LockSite ® needleless access ports, which eliminates the need for sharp needles or costlier guarded needles to be used with the tubing set during dialysis."This agreement validates the excellent performance of Medisystems' Streamline blood tubing sets and demonstrates our continued commitment to provide B. Braun customers with market leading products," said Mark Florence, Vice President and General Manager, Medisystems. "We look forward to working with B. Braun to meet the growing demand for Streamline." About B. Braun Renal Therapies Division B. Braun has been a leader in providing the dialysis community with innovative products for over 35 years. The Dialog +® hemodialysis system incorporates the most advanced state-of-the art technology in dialysis. As a manufacturer and distributor of hemodialysis equipment and related disposables, including the Diacap @ Polysulfone ® dialyzers, the Renal Therapies Division of B. Braun is committed to the continued development of high quality products for hemodialysis and continuous renal replacement therapy supported by a team of clinical nurses, field service personnel, customer service and 24/7 technical assistance. For more information, call 800-848-2066, e-mail B. Braun at email@example.com or visit B. Braun at www.bbraunusa.com. About NxStage Medical NxStage Medical, Inc. (Nasdaq: NXTM) is a medical device company, headquartered in Lawrence, Massachusetts, USA, that develops, manufactures and markets innovative systems for the treatment of end-stage renal disease, or ESRD, and acute kidney failure. NxStage is leading the development of the home hemodialysis market in the US with the only portable hemodialysis machine, the System One, cleared for home use by the FDA. For more information on NxStage and its products, please visit the company's website at http://www.nxstage.com/. Forward-Looking Statements This release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this release that are not clearly historical in nature are forward-looking, and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including those that are discussed in NxStage's filings with the Securities and Exchange Commission, including the Quarterly Report on Form 10-Q for the quarter ended September 30, 2011. NxStage is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. Media Contacts: Kristen Sheppard, Esq.Vice President, Investor RelationsNxStage Medical, Inc. firstname.lastname@example.org SOURCE NxStage Medical, Inc.
Check Out Our Best Services for Investors
Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Check Out Our Best Services for Investors
Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.