Bard Interventional Products Enters Into Exclusive Agreement With Olympus Japan Co., Ltd.Health/Medical Writers MURRAY HILL, N.J.--(BW HealthWire)--Nov. 27, 2000 C. R. Bard C. R. Bard, Inc. (NYSE: BCR) is one of the large S&P 500 companies of the United States, a surgical specialties and hospital medical device manufacturer in Murray Hill, New Jersey. It is named after its founder, who sold the company within only a few years of its founding. , Inc. (NYSE-BCR) today announced it has entered into an exclusive agreement with Olympus Japan Co., Ltd. for the Japanese distribution of Bard's disposable gastrointestinal and endoscopic accessories for gastroenterological procedures. The Bard products will be available immediately through Olympus Japan, a subsidiary of Japan-based Olympus Optical Co. Ltd., and will be manufactured by Bard's Interventional Products division, based in Billerica, MA. "This agreement, in addition to the previously-signed European distribution agreements, is supportive of both companies' critical goals," said Bard Chairman and Chief Executive Officer, William H. Longfield. "By appointing Olympus Japan as an exclusive distributor for many of our GI products, Bard gains access to the premier supplier of endoscopy endoscopy Examination of the body's interior through an instrument inserted into a natural opening or an incision, usually as an outpatient procedure. Endoscopes include the upper gastrointestinal endoscope (for the esophagus, stomach, and duodenum), the colonoscope (for the devices and frees up our current distributor and partner, Medicon, to focus on growing the enteral enteral /en·ter·al/ (en´ter'l) enteric. en·ter·al adj. 1. Within or by way of the intestine, as distinguished from parenteral. 2. Enteric. feeding business and launching the EndoCinch(TM) suturing system, Bard's endoscopic device for the treatment of GERD GERD gastroesophageal reflux disease. GERD abbr. gastroesophageal reflux disease GERD (gastroesophageal reflux disease gastroesophageal reflux disease (GERD) Disorder characterized by frequent passage of gastric contents from the stomach back into the esophagus. Symptoms of GERD may include heartburn, coughing, frequent clearing of the throat, and difficulty in swallowing. )," Longfield explained. Bard's disposable GI and endoscopic product lines covered by this agreement include biopsy forceps, polypectomy snares, ligators, GI metal stents and a variety of other endoscopic products used in the diagnosis and treatment of gastrointestinal disorders. C. R. Bard, Inc., (www.crbard.com) headquartered in Murray Hill, New Jersey
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