Nephros Launches New HydraGuard 20” UltraFilter
October 24 2024 - 9:00AM
Nephros, Inc. (Nasdaq: NEPH) Nephros, Inc., a leader in advanced
filtration technology, is excited to announce the release of the
HydraGuard 20” UltraFilter. This latest innovation enables the
company to break into new markets and aid in compliance with water
quality standards such as ANSI/AAMI ST108.
The HydraGuard 20” model is an extension of the existing
HydraGuard and designed to provide a higher-volume capacity and
flow rate, while removing harmful contaminants like bacteria,
viruses, and endotoxins. With this product, Nephros is poised to
serve a broader range of customers, including companies within
medical device manufacturing and pharmaceutical production, to
ensure the highest level of water purity for industries that
require strict quality standards.
“We are thrilled to introduce this new product to the market,”
said Robert Banks, President & CEO of Nephros. “Previously, a
20” model of our 222 O-ring cartridges was only available for use
in dialysis water purification. Now, we can expand the application
of our infection control technology into industries and settings
which require the highest levels of water purity to prevent
contamination and ensure product safety.”
Robert Banks continued, “By targeting new industries like
sterile processing and pharmaceuticals, where water safety is
mission-critical, Nephros is positioning itself for sales growth.
We will continue to pursue innovation with the goals of increased
market share and further strengthening of our position as a leader
in filtration technology.”
The HydraGuard 20” filter opens the door to expanded revenue
opportunities and greater support for businesses and facilities
struggling to establish or maintain compliance with strict
regulatory standards. Most notably, the issuance of ANSI/AAMI ST108
in late 2023 introduced new metrics for sterile processing, such as
water testing schedules and parameters for bacteria and endotoxin
presence. Solutions like the HydraGuard, along with other Nephros
infection control products, provide exceptional retention of
microbiological contaminants and support purification of water
beyond the new standards. Regarding endotoxins specifically,
Nephros in-line filters have the additional benefit of performance
based on size exclusion, which achieves reliable and consistent
retention compared to the more typical charged membranes.
About NephrosNephros is a leading provider of filtration
products to the medical, commercial, and industrial markets,
offering a wide range of solutions that deliver superior filtration
performance. With its advanced hollow-fiber technology and
effective commercial filter media, Nephros products help protect
against waterborne contaminants, ensuring the highest level of
water quality.
For more information about Nephros and its support for water
safety, visit nephros.com
Forward-Looking StatementsThis release contains
forward-looking statements that are subject to various risks and
uncertainties. Such statements include statements regarding
Nephros’ expected future business and revenue from the marketing
and sale of the HydraGuard 20” UltraFilter, its goals to increase
market share, and other statements that are not historical facts,
including statements that may be accompanied by the words
“intends,” “may,” “will,” “plans,” “expects,” “anticipates,”
“projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,”
“potential” or similar words. Actual results could differ
materially from those described in these forward-looking statements
due to certain factors, including inflationary factors and general
economic conditions, changes in business and competitive
conditions, the availability of capital when needed, dependence on
third-party manufacturers, distributors and researchers, and
regulatory reforms. These and other risks and uncertainties are
detailed in Nephros’ reports filed with the U.S. Securities and
Exchange Commission, including its Annual Report on Form 10-K for
the year ended December 31, 2022, which it may update in Part II,
Item 1A – Risk Factors in its Quarterly Reports on Form 10-Q that
it has filed or will file hereafter. Nephros does not undertake any
responsibility to update the forward-looking statements in this
release.
Investor Relations Contacts:Kirin Smith, President PCG
Advisory, Inc. (646) 823-8656 ksmith@pcgadvisory.com
Robert Banks, CEO Nephros, Inc. (201) 343-5202
robert.banks@nephros.com
Judy Krandel, CFO Nephros, Inc. (201) 343-5202
judy.krandel@nephros.com
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