Merit Medical awarded interventional fluid management agreement with Premier

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Merit Medical awarded interventional fluid management agreement with Premier

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SOUTH JORDAN, Utah, June 11, 2019 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a leading manufacturer and marketer of proprietary disposable devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care and endoscopy, announced today that it has been awarded a group purchasing agreement for interventional fluid management products with Premier. Effective July 1, 2019, this agreement provides for Premier members, at their discretion, to take advantage of negotiated commercial terms for Merit’s interventional fluid management portfolio of products.

“Since our inception, our interventional fluid management products have been foundational to Merit's success and a key driver of our progress,” said Fred P. Lampropoulos, Merit Chairman and CEO. “For more than three decades, we’ve delivered quality and innovative interventional fluid management devices, kits, and packs, and this agreement speaks to the quality, reliability, and clinical acceptance by clinicians throughout the United States. The awarding of this contract is a testament to the consistency and strength of the product portfolio that this company was built on.”

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Within the interventional fluid management category, Merit offers an integrated suite of products designed to effectively manage patient fluid levels, imaging media, and waste in diagnostic and interventional procedures. Merit’s interventional fluid management portfolio complements Merit’s cardiac and peripheral intervention products such as the Prelude IDeal™ and PreludeSYNC™.

Merit’s interventional fluid management products are designed to meet clinicians’ unique clinical requirements. Merit offers standard and customized options that can improve safety, optimize efficiency (by minimizing set-up and take-down time), and reduce costs within the diagnostic and interventional environment.

Premier is a leading healthcare improvement company, uniting an alliance of approximately 4,000 U.S. hospitals and 165,000 other providers to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and advisory and other services, Premier enables better care and outcomes at a lower cost.

Founded in 1987, Merit Medical Systems, Inc. is engaged in the development, manufacture and distribution of proprietary disposable medical devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care and endoscopy. Merit serves client hospitals worldwide with a domestic and international sales force and clinical support team totaling in excess of 300 individuals. Merit employs approximately 6,300 people worldwide with facilities in South Jordan, Utah; Pearland, Texas; Richmond, Virginia; Malvern, Pennsylvania; Rockland, Massachusetts; San Jose and Aliso Viejo, California; Maastricht and Venlo, The Netherlands; Paris, France; Galway, Ireland; Beijing, China; Tijuana, Mexico; Joinville, Brazil; Markham, Ontario, Canada; Melbourne, Australia; Tokyo, Japan; Reading, United Kingdom; Johannesburg, South Africa; and Singapore.

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