
Group purchasing organization Novation inked a new contract with medical device company Teleflex (NYSE:TFX).
The deal calls for the Limerick, Pa.-based medical device company to provide its complete line of Arrow intra-aortic balloon catheters and pumps. The agreement is slated to begin Jan. 1, 2014.
"We are proud to partner with Novation through the new agreement which provides hospital members the advanced Arrow intra-aortic balloon technology from Teleflex for treating patients with severe cardiac events," Teleflex cardiac care president Howard Miller said in prepared remarks.