CARLSBAD, Calif.--(BUSINESS WIRE)--Yulex Corporation has signed an exclusive, royalty-based agreement with TechDevice Corporation, a medical device manufacturer that produces balloon catheters and guidewires for a variety of endoscopy, urology and vascular applications. The agreement allows TechDevice to manufacture balloon-catheter based products using Yulex® latex made from guayule latex. Yulex® latex is the world’s only biobased, commercial source of latex that is safe for people with Type I latex allergy.