BRANCHBURG, NJ -- (Marketwire) -- 04/27/12 -- Hydromer, Inc. (OTCQB: HYDI) (PINKSHEETS: HYDI) and Jotec GmbH have entered into a Supply and Support Agreement.
Under the terms of this agreement, Jotec is licensed to use proprietary Hydromer® hydrophilic coatings on various Jotec Endovascular placement devices, such as their CE approved E®-asy plus Introducer Sheath. This Hydromer coating system becomes slippery when made wet and will ease the introduction of Jotec's endovascular catheter and stent graft systems into the vascular system.
As a separate part of this new agreement, Hydromer has also provided our proprietary internally designed and built catheter coating machines as a validated "turn-key" solution.
"We are delighted with our relationship with Jotec and with having our Hydromer coating technology applied to Jotec's innovative and successful endovascular devices," commented Martin von Dyck, Executive Vice President of Hydromer, Inc., adding, "This particular Hydromer coating system is used worldwide on other Pebax® and Nylon neurovascular, cardiovascular and cardiac stent delivery catheters."
About Hydromer, Inc.: Hydromer, Inc. is a bio-technology-based company involved in the research and development, manufacture, contract coating and commercialization of specialized polymer and hydrogel products for medical device, animal health, cosmetic, personal care, and industrial uses. These technologies range from Hydromer lubricious / anti-microbial / anti-thrombogenic / cell anti-mitosis / cell growth enhancing coatings for the medical marketplace.
About Jotec GmbH: Jotec GmbH, having its principal place of business at Hechingen, Germany, develops, manufactures and markets medical devices for aortic and peripheral vascular disease. Their product portfolio includes conventional grafts and interventional implants for cardiovascular surgery, radiology and cardiology.
Pebax® is a registered trademark of Arkema.
Hydromer® is a registered trademark of Hydromer, Inc.
E®-asy plus is a registered trademark of Jotec GmbH.