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News

Alsius reaches three-year agreement with MedAssets Supply Chain Systems

Alsius : 10 April, 2008  (Company News)
Alsius has been awarded a three-year contract with MedAssets Supply Chain Systems, a company that provides group purchasing and supply chain services in the USA, serving more than 125 health systems, including 2,500 hospitals.
Under the terms of the agreement, MedAssets will co-market Alsius' IVTM systems and catheters via its sales force, and the two companies will collaborate on customised marketing promotions to MedAssets' customers. Alsius will be the exclusive provider of intravascular temperature management products to MedAssets' extensive network of acute care hospitals.

'This agreement represents yet another endorsement of our technology by one of the elite hospital partners in the US,' said Bill Worthen, president and chief executive officer of Alsius. 'We were happy to work with MedAssets during the selection process to demonstrate the importance of effective control of body temperature in critically ill patients, and how our 'inside-out' approach can do so precisely and efficiently.'

Prior to its agreement with MedAssets Supply Chain Systems, Alsius underwent MedAssets' rigorous nine-step contract selection process, including thorough review by its research team and the MedAssets Contracting Advisory Team, to determine whether Alsius' products meet the needs of its hospital customers.

'MedAssets prides itself on offering customised solutions to its hospital customers, which is why their input plays an important role in the contracts we award,' said Mark Miriani, president, MedAssets Supply Chain Systems. 'The demand for effective temperature management systems continues to rise, and we are pleased to offer our critical care customers Alsius' leading-edge solutions.'

Alsius IVTM consists of the CoolGard 3000, Thermogard and Thermogard XP systems and a family of single-use catheters, including the Cool Line, Icy, Fortius and Quattro catheters. The catheters are inserted into a major vein through a patient's neck or groin, and circulate cool or warm saline in a closed-loop through balloons that surround the catheters. The approach decreases or increases core temperature from the inside of the body out toward the exterior, allowing for significantly more rapid control of a patient's core body temperature, with greater efficiency and precision, compared to conventional external temperature management products such as cooling and warming blankets and ice packs.
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