Advanced Medical Inc. distribution agreement.SAN DIEGO--(BUSINESS WIRE)--May 12, 1995--Advanced Medical Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :AMA (Automatic Message Accounting) The recording and reporting of telephone calls within a telephone system. It includes the calling and called parties and start and stop times of the call. ) Friday announced that its IMED IMED International Medical Education Directory Corp. subsidiary has entered into a development and distribution agreement with Debiotech S.A., a privately-held company located in Lausanne, Switzerland, under which IMED will purchase exclusive rights to distribute in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and Mexico a new ambulatory micro infusion pump infusion pump A device designed to deliver drugs and/or 'biologicals', at low doses and at a constant or controllable rate; ↑ rates of delivery in such devices may be associated with local hemolysis, compromising the potential benefits of a calibrated delivery developed by Debiotech. The new product is in the final stages of development and is expected to be introduced later this year or early in 1996 to the hospital and alternate site markets, including home care. "An essential element of our long term strategy for growth is to leverage IMED's outstanding sales and marketing capability in North America through the addition of new products to our portfolio. This agreement is an important step in the implementation of our strategic plan," said Joseph W. Kuhn, president of Advanced Medical. Dr. Fredric Neftel, chief executive officer of Debiotech, said: "We believe that our new product will be a strong competitor in the rapidly growing ambulatory infusion pump market. IMED is well positioned to help us build a meaningful position in this emerging industry." Kuhn noted that Debiotech is active in the development of medical high technology devices based on the most recent advances in microtechnology Microtechnology is technology with features near one micrometre (one millionth of a metre, or 10-6 metre, or 1μm). In the 1960s, scientists learned that by arraying large numbers of microscopic transistors on a single chip, microelectronic circuits could be and electronics, and said, "We believe that Debiotech's core competencies, in collaboration with IMED, will lead to the introduction of highly innovative infusion management products." Advanced Medical, through its IMED subsidiary, is one of the country's largest manufacturers of intravenous infusion pumps and disposable administration sets. CONTACT: Advanced Medical Inc., San Diego Joseph W. Kuhn, 619/566-0426 |
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