Navigation Links
Haemonetics Becomes Preferred Provider of Plasma Collection Products to Octapharma Europe

BRAINTREE, Mass. and LACHEN, Switzerland, Oct. 3 /PRNewswire-FirstCall/ -- Haemonetics Corporation and Octapharma AG announced today the signing of a multi-year supply contract appointing Haemonetics' Swiss subsidiary as Octapharma's preferred provider of plasma collection technology in Europe. Under the agreement, Octapharma will use Haemonetics' technology to separate plasma from donor blood. Plasma is the source of numerous proteins used for drug development and therapeutic purposes. These proteins include albumin, clotting factors, and intravenous immunoglobulin (IVIG).

Octapharma, also a Swiss-based company, is an independent plasma fractionation specialist. One of the top five global plasma fractionators, Octapharma reported fiscal 2006 sales of euro 572 million with 32% growth year over year. The company owns four state-of-the-art fractionation facilities in Austria, France, Sweden, and Mexico, and operates a plant in Springe, Germany. Octapharma currently fractionates more than 2 million liters of plasma annually from both recovered and source plasma from the U.S. and Europe.

"In order to meet the increasing demand for Octapharma products, a key focus of the company is to extend production capacities in all our facilities," said Karl E. Clausen, Chief Financial Officer of Octapharma. "As part of this growth, we are pleased to be expanding our relationship with Haemonetics. Haemonetics delivers an excellent value proposition with plasma collection technologies, IT products, and services that can support the growth of Octapharma for years to come."

Stephen Swenson, General Manager of Global Plasma for Haemonetics, said, "Octapharma is a premier plasma collector and fractionator in Europe. We are delighted to be expanding our relationship."

As Haemonetics has been reporting, the plasma collection market continues to be strong as collectors increase capacity to meet demand for plasma-derived bio-pharmaceuticals. At the beginning of its fiscal year, the Company anticipated placing an incremental 1,500 plasma devices globally in the year. With the ongoing market expansion, including the Octapharma relationship, the company now expects to place more than 2,300 devices this fiscal year. Every 1,000 devices, once fully operational, contribute approximately $13 million in revenue per year.

Haemonetics (NYSE: HAE) is a global healthcare company dedicated to providing innovative blood management solutions for our customers. Together, our devices and consumables, IT products, and consulting services deliver a suite of business solutions to help our customers improve clinical outcomes and reduce the cost of healthcare for blood collectors, hospitals, and patients around the world. Our technologies address important medical markets: blood and plasma component collection, the surgical suite, and hospital transfusion services. To learn more about Haemonetics or the plasma market, visit our web site at

This release contains forward looking statements that involve risks and uncertainties, including technological advances in the medical field and standards for transfusion medicine and our ability to successfully implement products that incorporate such advances and standards, product demand, market acceptance, regulatory uncertainties, the effect of economic and political conditions, the impact of competitive products and pricing, blood product reimbursement policies and practices, foreign currency exchange rates, changes in customers' ordering patterns, the effect of industry consolidation as seen in the plasma market, the effect of communicable diseases and the effect of uncertainties in markets outside the U.S. (including Europe and Asia) in which we operate and other risks detailed in the Company's filings with the Securities and Exchange Commission. The foregoing list should not be construed as exhaustive. The forward-looking statements are based on estimates and assumptions made by management of the Company and are believed to be reasonable, though are inherently uncertain and difficult to predict. Actual results and experience could differ materially from the forward-looking statements.


Julie Fallon

Tel.(781) 356-9517

Alternate Tel. (617) 320-2401

SOURCE Haemonetics Corporation
Copyright©2007 PR Newswire.
All rights reserved

Related biology technology :

1. Daugherty becomes CTO of Great Lakes BioFuels
2. DataPod becomes BeInSync so you can, too
3. Boston equity firm becomes majority owner of Cedarburg-based Mortgagebot
4. Historic observatory becomes hot property on Lake Geneva
5. Bandwidth provider expands in Milwaukee
6. Milwaukee runs out of patience with wireless Internet provider
7. Milwaukee Wi-Fi provider ready to start building network
8. Musicnotes signs licensing deal with Christian music provider
9. Milwaukee health provider network pilots software plan
10. Healthcare providers to merge under one name
11. Experts spar over incentives for health-care providers
Post Your Comments:
(Date:11/24/2015)... IN (PRWEB) , ... November 24, 2015 , ... The ... newest Special Interest Group (SIG), MultiGP, also known as Multirotor Grand Prix, to represent ... the last few years. Many AMA members have embraced this type of racing and ...
(Date:11/24/2015)... , Nov. 24, 2015  Tikcro Technologies Ltd. (OTCQB: TIKRF) today announced ... 29, 2015 at 11:00 a.m. Israel time, at ... 98 Yigal Allon Street, 36 th Floor, Tel Aviv, ... Eric Paneth and Izhak Tamir to the Board of ... as external directors; , approval of an amendment to certain terms ...
(Date:11/24/2015)... Urdorf, Switzerland (PRWEB) , ... November 24, 2015 ... ... the plant and the environment are paramount. Insertion points for in-line sensors can ... TOLEDO has developed the InTrac 781/784 series of retractable sensor housings , ...
(Date:11/24/2015)... Telbec/ - ProMetic Life Sciences Inc. (TSX: PLI) (OTCQX: PFSCF) ... Laurin , President and Chief Executive Officer of ProMetic, will ... 27 th Annual Healthcare Conference to be held at ... st , at 8.50am (ET) and ProMetic,s management ... The presentation will be available live via a webcast accessible ...
Breaking Biology Technology:
(Date:11/20/2015)... Connecticut , November 20, 2015 ... authentication company focused on the growing mobile commerce market ... CEO, Gino Pereira , was recently interviewed on ... interview will air on this weekend on Bloomberg ... Latin America . --> NXTD ) ("NXT-ID" ...
(Date:11/19/2015)... , Nov. 19, 2015  Although some 350 companies ... dominated by a few companies, according to Kalorama Information. These ... 51% of the market share of the 6.1 billion-dollar ... The World Market for Molecular Diagnostic s .    ... market is still controlled by one company and only ...
(Date:11/18/2015)... November 18, 2015 --> ... a new market report titled  Gesture Recognition Market - ... 2015 - 2021. According to the report, the global gesture recognition ... anticipated to reach US$29.1 bn by 2021, at a ... North America dominated the global gesture ...
Breaking Biology News(10 mins):