Dade Behring and MedAssets Supply Chain Systems Sign Multi-Year Agreement for Instruments, Reagents
July 12 2007 - 4:15PM
Business Wire
Dade Behring Inc. (NASDAQ:DADE), the world's largest company solely
dedicated to clinical diagnostics, and MedAssets Supply Chain
Systems, one of the leading health care group purchasing
organizations in the United States, have announced the signing of a
three-year agreement that provides MedAssets' customers with access
to Dade Behring's chemistry and automation products. The agreement
includes an option for a two-year extension. Under the agreement,
MedAssets' customers will have continued access to Dade Behring's
full line of Dimension� chemistry systems. New additions to the
agreement include the recently introduced Dimension Vista� 1500
Intelligent Lab System and Dade Behring's scalable automation
systems�the StreamLAB� and Dimension� Lynx analytical workcells.
"Dade Behring is pleased to continue this long-term relationship
with MedAssets and its customers," said Jim Reid-Anderson,
Chairman, President and CEO, Dade Behring. "The addition of our
flexible laboratory automation systems provides a customized
approach to automation, allowing clinical laboratories the
opportunity to increase productivity in their laboratory." Dade
Behring and MedAssets also have pre-existing agreements for the
remainder of Dade Behring's product portfolio. The existing
agreements include customer access to the Stratus� CS Acute Care�
Diagnostic System and the Syva� drug testing, plasma protein,
MicroScan� microbiology and coagulation product lines. About Dade
Behring With 2006 revenue of more than $1.7 billion, Dade Behring
is the world's largest company solely dedicated to clinical
diagnostics. It offers a wide range of products, systems and
services designed to meet the day-to-day needs of clinical
laboratories, delivering innovative solutions to customers and
enhancing the quality of life for patients. Additional company
information is available on the Internet at www.dadebehring.com.
About MedAssets MedAssets partners with healthcare providers to
improve operating margins and cash flow while supporting quality of
care goals. MedAssets implements integrated solutions to address
the greatest opportunities for financial and process improvement
and drives performance in revenue cycle, supply chain and clinical
service line management. MedAssets is a business partner to more
than 2,400 hospitals and 30,000 non-acute care healthcare
providers. For more information, go to www.medassets.com. This
press release may contain "Forward-Looking Statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward statements include information regarding the intent,
belief or current expectation of the company and members of its
senior management team, including, without limitation, expectations
regarding prospective performance and opportunities and the outlook
for the company's businesses, performance, opportunities and
regulatory approval. In addition, the company is in the process of
a major new product launch, which involves risks and uncertainties
regarding product performance, costs of introduction and support,
and customer acceptance. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by the company.
Dade Behring (NASDAQ:DADE)
Historical Stock Chart
From Oct 2024 to Nov 2024
Dade Behring (NASDAQ:DADE)
Historical Stock Chart
From Nov 2023 to Nov 2024