Healthcare Watch: NxStage Wins Supply Contract
June 25, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — NxStage Medical, Inc. (NASDAQ: NXTM), a manufacturer of dialysis products, said that its Medisystems division has been awarded an exclusive five-year blood tubing supply contract with Atlantic Dialysis Management Services.
Under the terms of the agreement, Atlantic Dialysis will now use Medisystems' Streamline airless blood tubing set in all of its facilities.
Massachusetts-based NxStage Medical is a medical device company that develops, manufactures and markets products for the treatment of ESRD and acute kidney failure.
New York-based Atlantic Dialysis Management Services was established to provide new dialysis site development, day to day administration and management of dialysis services and related business development activities. The treated around 1,500 patients in New York City and Long Island in 2009.
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