Advanced Pulse Oximetry Technology to Enhance Product Line Offering
PLEASANTON, Calif., April 11 /PRNewswire/ -- Mallinckrodt Inc.
(NYSE: MKG), today announced that it has amended its pulse oximetry contract
with Premier Purchasing Partners L.P. to include the N-395 Pulse Oximeter in
Premier's product offering. This addition supplements an extensive product
integration relationship the two companies have maintained for several years.
The current oximetry agreement runs through December 31, 2004, and includes
numerous Nellcor pulse oximetry monitors and products. The oximetry agreement
is part of a more extensive corporate partnership in effect through 2006 that
covers a wide array of respiratory and imaging products and technologies.
"We are extremely pleased to enhance our relationship with Premier by
offering the N-395. We view our expanded partnership as a critical
recognition and validation of our latest Nellcor pulse oximetry solution,"
said Carol Farrell, vice president, U.S. field sales. "Our relationship with
Premier is constantly evolving and is driven by our ability and commitment to
offer the most sophisticated and diverse healthcare products and technologies
on the market today."
Mallinckrodt introduced the N-395 Pulse Oximeter in October 1999. The
N-395, which employs the company's most advanced pulse oximetry technology,
has received widespread customer acceptance. Over 2500 units have been sold
to date. The N-395 with Oxismart XL Advanced Signal Processing reads through
challenging motion conditions, cutting through non-specific noise to find the
pulse and track true oxygen saturation and pulse rate values. The N-395 is
also equipped with SatSeconds(TM) Revolutionary Alarm Management, a
breakthrough in clinician-programmable alarm sensitivity for pulse oximetry.
"Mallinckrodt has been a vital and venerable partner to Premier and plays
a critical role in our business," said Mike Miyagi, Premier Purchasing
Partners vice president. "One of the most substantial ways of adding value is
to consistently offer cutting edge healthcare technologies to our customers.
With the addition of the N-395 to our product offering, we believe we are
furthering our promise and commitment to this ideal."
About Premier
Premier is a strategic alliance of leading hospitals and healthcare
systems across the country, representing nearly 215 owners and the 800
hospitals and healthcare facilities they operate, and approximately 900 other
affiliated hospitals. Premier maintains major offices in Charlotte, NC; San
Diego, CA; Chicago, IL; and Washington, DC. More information about Premier
can be found on its web site at http://www.premierinc.com.
Total annual purchasing volume for the alliance reached $12 billion in
1999. Member's cost reduction opportunities are tied to a stellar group
purchasing program highlighted by signature group purchasing agreements
offering substantial pricing discounts value-added benefits and rebates to
owners.
About Mallinckrodt
Mallinckrodt Inc. is a global manufacturer and marketer of specialty
medical products designed to sustain breathing, diagnose disease and relieve
pain. Named one of America's most admired medical products and equipment
companies by Fortune magazine, Mallinckrodt does business in more than 100
countries. In fiscal 1999, combined net sales were $2.6 billion for
Mallinckrodt's respiratory, imaging and pharmaceutical product lines. The
company's Respiratory Group develops, manufactures and markets products that
help diagnose, monitor, and treat respiratory and anesthesiology patients
across the continuum of care. Mallinckrodt's Nellcor oximetry business is the
world leader in innovative pulse oximetry technology and offers the broadest
line of pulse oximeters and sensors. Based in St. Louis, Missouri,
Mallinckrodt's web site address is http://www.mallinckrodt.com.
SOURCE Mallinckrodt Inc.
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Related links:
http://www.mallinckrodt.com
CONTACT:
Barbara Abbett of Mallinckrodt Inc.,
314-654-5230, barbara.abbett@mkg.com or Gil Isenstein of Mullen,
978-468-1155, ext. 3111, gisenstein@mullen.com
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