August 30, 2012

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Catheter Connections and Merit Medical Enter an Agreement

Press Release

August 30, 2012

Catheter Connections, Inc., a leading developer of disposable devices for preventing blood stream infections caused by vascular access devices, announced that it entered into an exclusive distribution agreement with Merit Medical Systems, Inc. (Nasdaq: MMSI), a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology and radiology.

Under the agreement, Catheter Connections can receive up to $1M in up-front payments and additional revenue from product sales for providing Merit with rights to exclusively distribute Catheter Connection’s proprietary disinfection technology in the fields of interventional radiology and interventional cardiology. The products provided under the agreement include Catheter Connections’ DualCap technology for IV connector disinfection and protection. Merit has exercised its option under the agreement to secure the exclusive right to distribute Catheter Connections’ proprietary male luer disinfection technology.

The distribution agreement follows the most recent patent issued by the United States Patent and Trademark Office, titled “Disinfecting Caps For Medical Male Luer Connectors,” which broadly covers Catheter Connections’ male luer disinfection technology. Only Catheter Connections has patent protection, as well as FDA clearance, to market a device to disinfect and protect male luer connectors attached to the end of IV tubing lines.

Vicki Farrar, chief executive officer of Catheter Connections, said, “We look forward to the association with Merit. Merit’s impressive track record of innovation and growth, in addition to its global marketing resources, will expedite the commercialization of our DualCap technology and increase patient safety. This agreement validates our superior position in the IV disinfection market in terms of both our intellectual property and our ability to help hospitals reduce bloodstream infections.”

Utah Business Social
UB Events View All
Health Care HeroesUtah Business Event
Oct 21, 2014
Please join us, along with our sponsors, MountainStar Healthcare, and Roseman University in honor...
Content Marketing BootcampUtah Business Event
Oct 28, 2014
Please join Utah Business Magazine, along with our sponsor Adobe, for an in-depth, hands-on, educ...
Community Events View All
Disarmingly Honest Approach to Sales!
Sep 18, 2014
Do you ever leave a sales interaction frustrated that the prospect holds all the cards? You have ...
Profire Energy Ribbon Cutting
Sep 18, 2014
On September 18, 2014, Profire Energy will be unveiling its newly expanded headquarters (with 35,...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel