Bio-Plexus and McKessonHBOC Medical Group Sign Distribution Agreement.Business Editors and Health/Medical Writers VERNON, Conn.--(BW HealthWire)--March 14, 2000 Bio-Plexus today announced a distribution agreement with McKessonHBOC Medical Group of Richmond, Virginia Richmond IPA: [ɹɯʒmɐnɖ] is the capital of the Commonwealth of Virginia, in the United States. . The agreement allows McKessonHBOC to purchase and distribute Punctur-Guard products to more than 85,000 health care providers nationwide. The relationship with McKessonHBOC Medical is expected to result in increased product exposure and additional sales opportunities. In addition to adding McKessonHBOC to its distributor network, Bio-Plexus is dramatically expanding the direct sales force. "Having a direct sales force is the most effective way to grow sales in this market segment. We are strengthening our presence across the country, and a strong direct sales force, combined with distributor relationships like this one with McKesson are necessary to continue to increase our market share in safety needles," said Executive Vice President Tom Sutton. Bio-Plexus, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BPLX), designs, develops, manufactures and holds U.S. and international patents on safety medical needles and other products under the PUNCTUR-GUARD, DROP-IT, and PUNCTUR-GUARD REVOLUTION brand names. In studies by the Centers for Disease Control (January 1997) and ECRI ECRI European Commission against Racism and Intolerance ECRI Emergency Care Research Institute ECRI Economic Cycle Research Institute , (Health Devices, June 1998 and October 1999) Punctur-Guard needles ranked highest of all devices studied. Accidental needlesticks number about one million per year 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. and can result in the transmission of deadly diseases including HIV HIV (Human Immunodeficiency Virus), either of two closely related retroviruses that invade T-helper lymphocytes and are responsible for AIDS. There are two types of HIV: HIV-1 and HIV-2. HIV-1 is responsible for the vast majority of AIDS in the United States. and Hepatitis B Hepatitis B Definition Hepatitis B is a potentially serious form of liver inflammation due to infection by the hepatitis B virus (HBV). It occurs in both rapidly developing (acute) and long-lasting (chronic) forms, and is one of the most common chronic and C. NOTE: THIS PRESS RELEASE MAY CONTAIN FORWARD-LOOKING STATEMENTS WHICH ARE SUBJECT TO RISKS AND UNCERTAINTIES. THE ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE DESCRIBED FROM TIME TO TIME IN THE COMPANY'S PERIODIC REPORTS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION OR DISCUSSED IN OTHER PRESS RELEASES ISSUED BY THE COMPANY. |
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