Argon Medical Devices, which manufactures and markets solutions for cardiovascular, venous access and critical care procedures, has entered into a definitive licensing agreement with Rex Medical for exclusive rights to market and distribute the UltraStream chronic dialysis catheter on a global basis.
UltraStream is designed to provide long-term vascular access to patients receiving dialysis treatments.
Argon Medical Devices president George Leondis said that the addition of UltraStream reinforces their commitment to providing physicians with innovative products focused on improving patient care
“We are excited about this opportunity to further enhance our portfolio of products for use in the area of dialysis access, which also includes the Cleaner Rotational Thrombectomy System,” Leondis said.
Argon Medical Devices is a portfolio company of Roundtable Healthcare Partners, an operating-oriented private equity firm focused exclusively on the health-care industry.
Rex Medical develops, manufactures and markets minimally invasive medical devices targeted towards the cardiovascular, venous access, endosurgery and oncology markets.
Argon will be exhibiting at the 37th Veithsymposium to be held in New York City from 17-21 November 2010.