Microline Surgical (Formerly known as Microline PENTAX) Awarded Contracts By Premier, Inc. And Ascension Technology

Company extends decade-long relationship with Premier and marks first contract with Ascension Health Alliance’s recently formed GPO

BEVERLY, Mass.--(BUSINESS WIRE)--Microline Surgical, Inc., a leading manufacturer of reposable instruments for minimally invasive surgery, today announced that it has been awarded contracts by group purchasing organizations (GPOs) Premier and Ascension.

“Serving as a strategic partner to these and other GPOs enables us to offer our high quality, cost effective and eco friendly solutions to a broad range of healthcare provider organizations across the U.S. It is validation of our technology performance, competitive pricing and outstanding customer service and support.”

The three-year, multisource Premier contract, effective April 2, 2015, covers Microline’s core line of high precision, laparoscopic surgical instruments, including its ReNew reusable hand piece and disposable tips. Microline has been one of Premier’s strategic business partners since 2004, with this new agreement marking an extension of the company’s 11-year relationship with the GPO.

Microline’s three-year agreement with the recently formed GPO Ascension, effective January 1, 2015, marks a new business partnership for the company. The contract covers not only Microline’s reposable endomechanical instruments, but also its MiFusion energy product line, including the MiSeal Reposable Thermal Ligating System, ENTceps forceps and TLS3 Thermal Ligating Shears.

“We are very pleased to announce these new business agreements with Ascension and Premier,” said Microline Surgical President and CEO Sharad Joshi. “Serving as a strategic partner to these and other GPOs enables us to offer our high quality, cost effective and eco friendly solutions to a broad range of healthcare provider organizations across the U.S. It is validation of our technology performance, competitive pricing and outstanding customer service and support.”

About Microline Surgical

Headquartered in Beverly, Massachusetts, Microline Surgical, Inc. is a leading U.S. medical device manufacturer of high-quality reposable surgical laparoscopic instruments. Founded in 1987, Microline is a wholly owned subsidiary of HOYA Corporation (7741:TSE) in Tokyo, Japan, a $4.5 billion company with approximately half of its revenues from medical business including endoscopy and eye care. Microline’s integrated modular laparoscopic instrumentation system consists of a selection of reusable handpieces that utilize a broad assortment of disposable tips. This concept allows for surgical efficiency and cost effectiveness to be preserved at all times. The company’s patented product portfolio comprises cutting, dissecting, grasping, cauterizing and ligating instruments used in all laparoscopic surgical procedures. For more information, visit www.microlinesurgical.com.

Contacts

KLN Communications, Inc.
Kara Della Vecchia, 508-314-3127
kara@klncommunications.com

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