Officials at NxStage Medical Inc. announced that the company’s Medisystems subsidiary has inked a three-year extension with Fenwal Inc.
Terms of the deal were not announced, but Medisystems will continue to provide Fenwal with its MasterGuard needle sets and FingerShield safety technology, which protects against needle stick injuries.
Fenwal, headquartered in Lake Zurich, Ill., is a multi-national company that supplies products to blood and plasma collection centers around the world.
Medisystems, which was bought by NxStage in 2007, has significantly helped the Lawrence-based dialysis products maker’s bottom line. The acquisition helped boost revenues in the company’s in-center segment by nearly 50 percent in 2008, according to regulatory filings.