Under the renewed agreement, effective as of October 1, 2008, Mindray's DPM division will provide its entire portfolio of patient monitoring products to HPG members, which include over 1300 not-for-profit and for-profit acute care facilities, as well as ambulatory surgery centers, and alternate care sites. The length of the renewed agreement is for a period of three years.
David Gibson, President of Mindray DS USA, Inc said, Given the inclusion of our entire DPM portfolio in the new contract and the reduced numbers of vendors selected, we believe Mindray will be able to expand its presence with HPG members and further our efforts in increasing our penetration within North America. DPM's patient monitoring devices are considered best-in-class and this renewed agreement highlights the quality of our products and further strengthens Mindray's position as a global leader in the sector.