Merit Medical Acquires Hemostatic Devices From Datascope
October 7, 2013 — Merit Medical Systems Inc. announced that it has acquired Datascope Corp.’s Safeguard Pressure Assisted Device, which assists in obtaining and maintaining hemostasis after a femoral procedure and the Air-Band Radial Compression Device, which is indicated to assist hemostasis of the radial artery puncture site while maintaining visibility.
"A major initiative for Merit is in the area of radial procedures, which are growing rapidly in the United States due to lower costs, improved mobility and shorter hospital stays," said Fred Lampropoulos, chairman and CEO, Merit. "In many areas of the world, including Scandinavia, France, Japan and Canada, radial procedures often account for more than 50 percent of overall procedures. We believe that the United States could very well achieve those levels over the next several years."
"We plan to introduce the Air-Band at the upcoming VIVA (Vascular Interventional Advances) and TCT (Transcatheter Cardiovascular Therapeutics) conferences," Lampropoulos added. "We believe the product line, which is covered by a substantial patent portfolio, is a perfect fit for Merit and fills a gap that existed in our product offering."
For more information: www.merit.com