ITI signs NPWT contract with MAGNET

Aug 11 2010

Innovative Therapies Inc. (ITI) announced today the signing of a negative pressure wound therapy (NPWT) contract with the Mid-Atlantic Group Network of Shared Services (MAGNET), encompassing both rental and sales of ITI's proprietary NPWT technology.

“MAGNET is an ideal partner for us”

MAGNET is one of the nation's largest and most experienced shared services organizations. This contract introduces ITI to MAGNET's approximately 9,500 providers - including hospitals, alternate care facilities, physician practices, and clinics - in Northeastern, mid-Atlantic, and Midwestern states.

Working with MAGNET's sales force, ITI will expand its profile as a leader in the field. "MAGNET is an ideal partner for us," points out Richard Vogel, CEO/President of ITI. "MAGNET chooses its providers based their ability to deliver proven, innovative technology to a cost-aware healthcare industry. This exactly matches our goals."

SOURCE Innovative Therapies Inc.