Sep 20 2010
Vascular Solutions, Inc. (Nasdaq:VASC) and Shepherd Scientific, Inc. today announced they have entered into a distribution agreement providing for Vascular Solutions to distribute Shepherd Scientific's Angio Assist and Teirstein Edge products in the United States. The Angio Assist is an easy-to-use docking station that facilitates the introduction of guide wires into interventional devices including catheters and atherectomy burrs. The Teirstein Edge is a device organizer designed to neatly organize guide wires and catheters during interventional procedures. Both products have received 510(k) clearance with the FDA for sales in the United States and will be sold and serviced through Vascular Solutions' direct sales force.
“The Angio Assist and Teirstein Edge were designed to overcome everyday challenges during interventional procedures. The goal was to make procedures easier, and I'm pleased we are now able to bring these devices to physicians nationwide through Vascular Solutions' team.”
Howard Root, Chief Executive Officer of Vascular Solutions, commented: "These two new products are excellent clinical additions to our catheter products line, and we are pleased to be able to work with Dr. Paul Teirstein in delivering his products to the U.S. catheterization market. We expect to feature these new products at the TCT meeting in Washington D.C. later this week, with sales expected to commence shortly thereafter."
Paul Teirstein, M.D., founder of Shepherd Scientific, added: "The Angio Assist and Teirstein Edge were designed to overcome everyday challenges during interventional procedures. The goal was to make procedures easier, and I'm pleased we are now able to bring these devices to physicians nationwide through Vascular Solutions' team."
SOURCE Shepherd Scientific