Teleflex Signs New Agreement with Novation for Weck Vista™ Access Line
LIMERICK, Pa.--(BUSINESS WIRE)-- Teleflex Incorporated (NYS: TFX) , a leading global provider of medical devices for critical care and surgery, has announced it has been awarded a new three-year agreement with Novation for its line of Weck Vista Access products. The agreement is effective April 1, 2013 through March 31, 2016.
The Weck Vista Bladeless Laparoscopic Access Ports provide a broad range of sizes and include standard and optical ports that offer both smooth and ridged cannulas, balloon and cone open access ports, reusable obturators for cannula only options and insufflation needles. By offering a complete line of access products, Teleflex provides surgeons who perform minimally invasive procedures access to a broad range of tools that are designed to help increase visualization and stability during procedures.
"Teleflex continues to collaborate with surgeons to offer high-quality products that are specially designed to meet the challenges faced in the operating room," said Jay White, President and General Manager, Surgical Division. "Our ongoing partnership with Novation provides the membership they serve access to this exciting new line of trocars that will bring value both clinically and economically."
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 11,100 people worldwide and serves healthcare providers in more than 130 countries. Additional information about Teleflex can be obtained from the company's website at teleflex.com.
Founded in 1998, Novation is the leading health care supply chain expertise 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, TX, Novation develops and manages competitive contracts with more than 600 suppliers. VHA, UHC, and Provista members used Novation contracts to purchase approximately $43 billion in 2012. 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. Novation was also named on Ethisphere's World's Most Ethical Companies list, and is the only company in the health care industry to earn both distinctions. To learn more about Novation, please visit www.novationco.com and follow @NovationNews.
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.
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Teleflex and Weck Vista are trademarks or registered trademarks of Teleflex Incorporated or its affiliates. ©2013 Teleflex Incorporated. All rights reserved. 2013-1645.
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