LAWRENCE, Mass., Oct. 21 /PRNewswire-FirstCall/ -- NxStage Medical, Inc. (Nasdaq: NXTM), a leading manufacturer of innovative dialysis products, today announced that its Medisystems Division has signed a long-term product supply agreement with Renal Advantage Inc. ("RAI"), the fourth largest provider of dialysis services in the United States. Under the terms of this agreement, NxStage will supply the Streamline(TM) airless blood tubing set as well as MasterGuard and other products to RAI's dialysis center network.
"RAI has been a strong strategic partner in expanding availability of daily home hemodialysis therapy with NxStage's System One, and a long-term customer of our Medisystems Division. We are delighted that RAI has chosen to integrate the Streamline product into its in-center operations, and to broaden their commitment to our products," said Jeffrey H. Burbank, President and Chief Executive Officer of NxStage Medical. "By expanding relationships with highly regarded organizations like RAI, NxStage continues to demonstrate our ability to effectively educate the market on the compelling benefits that products like Streamline deliver."
"Streamline is yet another example of NxStage's ability to innovate and bring value to our organization. As part of a diligent evaluation process in our centers, Streamline showed its ability to improve patient clearances, reduce costs, and enhance staff satisfaction," stated Dean Weiland, COO of RAI. "We are pleased to broaden this relationship and be part of NxStage's continued pioneering work in both home hemodialysis and the in-center market."
NxStage's latest generation blood tubing set is the Streamline(TM), an
efficient and airless tubing set configuration that improves clin
|SOURCE NxStage Medical, Inc.|
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