MINNEAPOLIS, April 30, 2007 (PRIME NEWSWIRE) -- Vascular Solutions, Inc. (Nasdaq:VASC) announced today that, pursuant to a series of agreements entered into by Vascular Solutions and King Pharmaceuticals, Inc. in January 2007, Vascular Solutions has provided King with initial launch quantities of the Thrombi-Pad(tm) 3x3 hemostatic pad for the control of moderate to severe bleeding. King’s hospital field sales force will promote the product for use in trauma and emergency medical settings. Vascular Solutions expects to receive a $1 million milestone payment from King resulting from the first sale of Thrombi-Pad by King to end-users during May.
