HemoSense Signs Agreement for INRatio Distribution in Canada
08 Marzo 2007 - 6:00AM
Business Wire
HemoSense, Inc. (AMEX:HEM) today announced that it has signed an
agreement with ManthaMed, a Canadian provider of health screening,
monitoring and diagnostic testing technologies, to market and
distribute HemoSense�s portable INRatio� PT/INR monitoring system
for patient self-testing and healthcare professionals in Canada.
The agreement with ManthaMed represents the Company�s 16th
international distribution agreement and expands HemoSense�s
international distribution reach to 23 countries. �We believe that
entry into the Canadian market represents a significant growth
opportunity with an estimated 600,000 patients on warfarin
therapy,� said Timothy Still, executive VP and chief commercial
officer of HemoSense. �ManthaMed�s experience in point-of-care
diagnostics and patient monitoring make INRatio a natural addition
to their product line.� Peter Mantha, president of ManthaMed added,
�As a distributor devoted to improving patient access to reliable
and accurate medical technologies, we are delighted to introduce
the INRatio system to the Canadian market. We trust that many
professionals in physicians� offices and anticoagulation patients
who self-test at home will find INRatio a convenient and appealing
alternative to traditional laboratory testing methods.� About
HemoSense HemoSense is a point-of-care diagnostic healthcare
company that develops, manufactures and markets easy-to-use,
handheld blood coagulation systems for monitoring patients taking
warfarin. The HemoSense INRatio(R) system, used by healthcare
professionals and patients themselves, consists of a small monitor
and disposable test strips. It provides accurate and convenient
measurement of blood clotting time, or PT/INR values. Routine
measurements of PT/INR are necessary for the safe and effective
management of the patient�s warfarin dosing. INRatio is sold in the
United States and internationally. For more information, visit
www.hemosense.com. About ManthaMed ManthaMed is a privately-owned
Canadian company with offices in Mississauga, Ontario. ManthaMed
distributes diagnostic and monitoring solutions throughout Canada
providing state-of-the-art technology and point-of-care management
tools designed to evaluate the risk factors of cardiovascular and
respiratory disease. These monitoring solutions are provided to
patients and healthcare professionals. ManthaMed�s current products
include: clinical blood pressure monitors, lipid and glucose
management systems, ultrasound dopplers and spirometers. For more
information, visit www.manthamed.com. This press release contains
forward-looking statements within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Statements in this press
release regarding the Company�s business that are not historical
facts may be "forward-looking statements" that involve risks and
uncertainties. Specifically, statements regarding the Company�s
ability to grow significantly as a result of entry into the
Canadian market are forward-looking statements within the meaning
of the Safe Harbor. Forward-looking statements are based on
management�s current, preliminary, expectations and are subject to
risks and uncertainties which may cause the actual results to
differ materially from the statements contained herein. Further
information on the Company�s business and risk factors are detailed
in its filings with the Securities and Exchange Commission,
including its Form 10-Q filed on February 13, 2007. Undue reliance
should not be placed on these forward-looking statements, which
speak only as of the date they are made. The Company undertakes no
obligation to update publicly any forward-looking statements to
reflect new information, events or circumstances after the date
they were made, or to reflect the occurrence of unanticipated
events. HemoSense� and INRatio� are registered trademarks of
HemoSense, Inc.
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