Medline Expands Urological Product Offering with Agreement to Distribute Rüsch Brand Specialty Urologicals
Medline expands urological presence in the OR and in other markets
MUNDELEIN, Ill., August 8, 2012 — Medline Industries, Inc., the nation's largest privately held manufacturer and distributor of medical and surgical supplies, announced today a strategic agreement with Teleflex Incorporated (NYSE:TFX) to distribute its Rüsch brand of specialty urological products.
The agreement with Teleflex, a global provider of medical devices for critical care and surgery, enables Medline’s 1,100 person sales force to sell and market the Rüsch brand of bladder management products throughout the United States.
“This is an ideal arrangement matching our high quality urological products with Medline’s world-class sales force and marketing expertise,” said Benson Smith, Teleflex Incorporated chairman, president and CEO. “Partnering with Medline provides us with a very large and exciting opportunity to grow this segment of our business.”
Products in the agreement include urinary drainage devices such as Foley and intermittent catheters, as well as specialty items for operative urology and endourology. These specialty catheters allow access to the bladder and ureters for diagnostic testing and surgical procedures, provide users easier urethral bladder access, and help manage direct kidney drainage.
“Teleflex and Rüsch have a reputation for high end, high quality urological products and this agreement enables us to expand our presence in the operating room and in other health care markets with these surgical and personal preference items,” said Medline CEO Charlie Mills.
About Teleflex Incorporated
Teleflex is a global provider of specialty medical devices for a range of procedures in critical care and surgery. Its mission is to provide solutions that enable health care providers to improve outcomes and enhance patient and provider safety. Headquartered in Limerick, PA, Teleflex employs approximately 11,200 people worldwide and serves health care providers in more than 130 countries. Additional information about Teleflex can be obtained from the company's website at teleflex.com.
About Medline
As the nation's largest privately held manufacturer and distributor of healthcare products, Medline manufactures and distributes more than 125,000 products to hospitals, extended care facilities, surgery centers, physician offices and home care dealers. Headquartered in Mundelein, Ill., Medline has more than 1,100 dedicated sales representatives to support its broad product line, cost management services and clinical programs.
Over the past five years, Medline has become the fastest-growing distributor of medical and surgical supplies in the United States, serving as the primary distributor to more than 450 major hospitals and health care systems. As a leading distributor, Medline offers a comprehensive array of consulting and management services encompassing supply chain and logistics, utilization and standardization, business tools and enhanced reporting capabilities. More information on Medline can be found at www.medline.com.
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John Marks (847) 643-3309 Ann Fahey-Widman, (847) 643-3011