Merit Medical Systems, Catheter Connections enter DualCap distribution agreement

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Intravenous products: News Medical report “Catheter Connections, Inc., a leading developer of disposable devices for preventing blood stream infections caused by vascular access devices, today announced that it entered into an exclusive distribution agreement with Merit Medical Systems, Inc. (Nasdaq: MMSI), a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology and radiology.

Under the agreement, Catheter Connections can receive up to $1M in up-front payments and additional revenue from product sales for providing Merit with rights to exclusively distribute Catheter Connection’s proprietary disinfection technology in the fields of interventional radiology and interventional cardiology. The products provided under the agreement include Catheter Connections’ DualCap® technology for IV connector disinfection and protection. Merit has exercised its option under the agreement to secure the exclusive right to distribute Catheter Connections’ proprietary male luer disinfection technology.”

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