Branchburg, NJ. USA;
November 17, 2008, --- Hydromer,
Inc. (HYDI.OB – OTC BB) announces
that it has entered into a Sales Representation Agreement with HnG
Medical Incorporated to
represent Hydromer medical coatings in the Peoples Republic of
China.
Under
the
terms of this relationship, HnG Medical will represent and negotiate
medical coating
services and royalty/fee based license agreements in China.
“I am
delighted with our
new relationship which will provide Hydromer with access to one of the
fastest
growing economies in the world.” commented Martin von Dyck, Executive
Vice
President of Hydromer, Inc., adding, “What is of significant importance
is that
HnG Medical will aid Hydromer in the preparation of medical coating
agreements
to be enforceable under Chinese law and providing protection for
Hydromer’s
intellectual property.”
In
addition
to the Urinary catheter and Central
Venous Catheter and Cardiovascular Stent businesses, HnG Medical will
focus on
the application of Hydromer’s proprietary Hydromer®
hydrophilic
coatings on various Pebax® , Polyamide and Polyurethane
cardiovascular, neurovascular and similar microcatheters catheters .
Hydromer, Inc. is a technology-based company involved in
the
research and development, manufacture and commercialization of
specialized
polymer and hydrogel products for medical device, pharmaceutical,
animal
health, cosmetic, personal care, and industrial uses. For the latest
information about Hydromer, Inc. and its products, please visit our web
site at http://www.hydromer.com
. For additional information please
contact: Martin von Dyck, 908-722-5000, Executive Vice President.
HnG Medical
Incorporated is
headquartered in Ontario,
Canada
with offices in the Ningbo Free Trade Zone, China. The company
supplies
manufacturing equipments and raw materials to Chinese medical device
manufacturers. Backed by profound knowledge, rich experience in
disposable medical devices, HnG is offering consultation services and
supplying
manufacture equipments to manufacturers. HnG provides most
advanced and
top quality manufacture equipments and materials. Please visit our web site at http://www.hngmedical.com
.
Pebax
® is a
registered trademark of Arkema.
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