VANCOUVER, May 3 /PRNewswire-FirstCall/ - Angiotech Pharmaceuticals, Inc. ( ANPI, TSX: ANP), a specialty pharmaceutical and medical device company, today announced that it has entered into an exclusive distribution agreement with B. Braun for its proprietary Quill(TM) SRS product line in the United Kingdom, Ireland, and France. The term of the distribution agreement will be for five years.
According to The Royal College of Surgeons of England, there are approximately 4.2 million surgical operations carried out every year in England alone. There are more than 18,000 surgeons currently practicing in England in approximately 2,900 operating theaters. According to market research, in France there are over 5 million surgical procedures performed annually by more than 17,000 surgeons in excess of 3,300 hospital facilities.
"We are very excited and proud to have one of the leading companies in wound closure partner with Angiotech to facilitate the continued acceptance of Quill(TM) SRS in these critical European countries," said Dr. William Hunter, President and CEO of Angiotech. "Having a leading company such as B. Braun, with its long legacy of innovation and technology leadership, join us as one of our European partners further validates Quill(TM) SRS's market potential as a transformational technology in the surgical market."
"We are very much looking forward to including the Quill(TM) SRS knotless suturing system in our comprehensive Closure Technologies portfolio and start redefining wound closure. Such innovat
|SOURCE Angiotech Pharmaceuticals, Inc.|
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