LIMERICK, Pa.--(BUSINESS WIRE)--Teleflex Incorporated (NYSE:TFX), a leading global provider of medical devices for critical care and surgery, has announced a four-year contract with the Asklepios Hospital Group for the ambIT PCA pump, which is distributed by Teleflex. The Asklepios Hospital Group includes more than 100 health facilities with more than 18,500 beds.
Teleflex’s regional anesthesia products allow clinicians to control pain during and after surgery and help lessen the risk of cardiovascular and pulmonary complications. Prepared for any eventuality, each product is designed to focus on clinical efficiency and therapeutic efficacy.
The ambIT PCA pump is an electronically controlled PCA pump that allows the patient to be mobile while receiving care. The pump also can be taken home for independent pharmacological management. The ambIT Ambulatory Pain Control Systems from Summit Medical provide flexible, accurate and safe therapy-specific configurations and low cost-in-use infusion pumps and accessories for the management of post-operative pain.
“The contract is a great success for growing Teleflex’s European anesthesia business, which is in line with our global strategy. By entering into a partnership with the Asklepios Hospitals, we combine excellent clinical care with innovative products,” said Liam Kelly, President, Teleflex EMEA.
About Asklepios Hospital Group
With a market share of over 20 percent, the Asklepios Hospital Group is one of the three largest operators of private hospitals in Germany. The group’s strategy – which focuses on high-quality, innovation and sustainable growth – has been rewarded with dynamic growth since its formation 25 years ago. At the end of 2010, Asklepios ran more than 100 health facilities with over 18,500 beds.
Asklepios has a strong growth record, is profitable and generates stable cash flows on the basis of a long-term orientated business model. The group also has a sound financial structure and a strong capital base. Asklepios is thus excellently positioned, both strategically and commercially, to actively shape the structural transformation of the German healthcare system.
About Teleflex Incorporated
Teleflex is a leading global provider of specialty medical devices for a range of procedures in critical care and surgery. Our mission is to provide solutions that enable healthcare providers to improve outcomes and enhance patient and provider safety. Headquartered in Limerick, PA, Teleflex employs approximately 11,500 people worldwide and serves healthcare providers in more than 130 countries. Additional information about Teleflex can be obtained from the company's website at http://www.teleflex.com.
Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Any forward-looking statements contained herein are based on our management's current beliefs and expectations, but are subject to a number of risks, uncertainties and changes in circumstances, which may cause actual results or company actions to differ materially from what is expressed or implied by these statements. These risks and uncertainties are identified and described in more detail in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K.
ambIT is a registered trademark of Summit Medical Products, Inc.