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AgION Technologies, L.L.C. Partners with Stryker Instruments (SYK) to Introduce FDA 510k Cleared Catheters


12/18/2008 6:52:09 AM

WAKEFIELD, Mass.--(BUSINESS WIRE)--Agion Technologies, Inc., the worldwide leader in naturally-safe, silver-based antimicrobial solutions, today announced it has signed an agreement with Stryker Corporation’s Instruments Division to incorporate Agion’s natural antimicrobial technology into a new pain management catheter. The product, Silver ExFen Catheter, has achieved FDA 510K clearance and will be marketed in the US.

“Since Medicare and Medicaid will no longer pay for preventable Surgical Site Infections (SSI), products like the Stryker antimicrobial catheter will become a critical tool for the medical profession,” said Paul Ford, chief executive officer of Agion Technologies. “This partnership is another innovative application of our powerful, natural technology, and sets a standard for the industry to follow.”

Agion’s innovative antimicrobial technology is based on naturally-occurring silver, a powerful antimicrobial element. Silver is integrated into the polymer blend of the catheter and is not affected by abrasions to the surface. Agion’s antimicrobial protection lasts for the life of the product.

About Agion Technologies, Inc.

Agion Technologies, located in Wakefield, Massachusetts, is a leader in providing customized, natural, antimicrobial solutions based on silver that continuously inhibits the growth of bacteria, mold and fungus. Agion’s antimicrobial technology is used in consumer, industrial and healthcare industries and has been incorporated into a variety of products including cell phones, shoes, keyboards, water filters, medical catheters, and ice machines. Agion's customers include many leading brands such as Motorola, PPG, Carrier, DuPont, Adidas, Scotsman, Stanley Bostitch and Oster. For more information about Agion Technologies, visit www.agion-tech.com.

About Stryker Corporation

Stryker Corporation is one of the world's leading medical technology companies with the most broadly based range of products in orthopedics and a significant presence in other medical specialties. Stryker works with respected medical professionals to help people lead more active and more satisfying lives. The Company's products include implants used in joint replacement, trauma, craniomaxillofacial and spinal surgeries; biologics; surgical, neurologic, ear, nose & throat and interventional pain equipment; and endoscopic, surgical navigation, communications and digital imaging systems; as well as patient handling and emergency medical equipment. For more information about Stryker, please visit the company web site at www.stryker.com.

Contact:

Agion Technologies, Inc. Cyndy Hunter, 781-224-7149 Director of Marketing chunter@agion-tech.com

Source: Agion Technologies, Inc.


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