OR WAIT 15 SECS
COLUMBUS, Miss. -- Microtek Medical Holdings, Inc. announces that its wholly owned subsidiary Microtek Medical, Inc. has signed a strategic supply agreement with DePuy Orthopaedics, Inc. to manufacture and supply certain of DePuy's orthopaedic medical devices and operating room equipment products. Under the manufacturing supply agreement, Microtek will become a primary supplier of these products for DePuy Orthopaedics, Inc., a Johnson & Johnson company.
DePuy Orthopaedics, Inc., headquartered in Warsaw, Ind., is engaged in the business of, among other things, developing and marketing orthopaedic implants and operating room equipment.
Dan R. Lee, the company's president and CEO, stated, "Our alliance with DePuy Orthopaedics is significant to our ongoing strategy of leveraging Microtek's manufacturing capabilities to broaden the Company's healthcare market penetration. Under this manufacturing supply agreement, we expect to generate up to $5 million in annual revenues for our Innovative Services division. We are confident in our ability to continue DePuy's standards for delivery, customer service and quality, and we look forward to a long and mutually rewarding relationship."
Microtek, a market leader in the healthcare industry, develops, manufactures and sells infection control products, fluid control products and safety products to healthcare professionals for use in environments such as operating rooms and outpatient surgical centers.