Electromed, Inc. Announces Partnership to Expand SmartVest Access to Veterans, Federal Employees, and Native American Communities
29 Gennaio 2024 - 2:30PM
Business Wire
Electromed, Inc. (NYSE American: ELMD) today announced it has
entered into a distribution agreement with Marathon Medical Corp.,
a medical supply distribution company and service-disabled
veteran-owned small business (SDVOSB). SmartVest® Airway Clearance
System, which is designed for High Frequency Chest Wall Oscillation
(“HFCWO”) therapy, a clinically proven therapy that helps clear the
lungs of excess secretions, thereby reducing the risk of
respiratory infections and hospitalizations for those suffering
from a chronic lung condition.1 As a distribution partner, Marathon
Medical focuses on providing medical products to Federal agencies
including VA hospitals and clinics, Indian Health Service hospitals
and clinics, and other Federal agencies.
“This partnership will improve the ordering process for all
government facilities allowing easier access to our products, so
veterans can breathe easier and live better,” said Jim Cunniff,
President and Chief Executive Officer of Electromed. “Early use of
SmartVest therapy may reduce exacerbations, improve lung function,
and improve quality of life for our US veterans, Federal employees,
and Native American peoples.1,2 Helping people get back to living
life to its fullest is something we are passionate about at
Electromed.”
The SmartVest Clearway system uses HFCWO to deliver alternating
pulses of air into a vest garment that rapidly compresses and
releases the chest wall, resulting in an oscillation in airflow
within the airways that acts to loosen, thin, and propel mucus
toward the major airways where it can be expectorated. The
SmartVest Clearway system is indicated for use in patients managing
non-cystic fibrosis bronchiectasis (NCFB) and other chronic
pulmonary conditions.
For more information, please visit www.smartvest.com.
About Electromed, Inc.
Electromed manufactures, markets, and sells products that
provide airway clearance therapy, including the SmartVest® Airway
Clearance System, to patients with compromised pulmonary function.
It is headquartered in New Prague, Minnesota and founded in 1992.
Further information about Electromed can be found at
www.smartvest.com.
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1 Sievert CE, et al. 2016. Respiratory
Therapy, 11(4), 34–38.
2 Powner J, et al. BMC Pulm Med 19, 82,
2019.
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version on businesswire.com: https://www.businesswire.com/news/home/20240129857997/en/
Brad Nagel, Chief Financial Officer (952) 758-9299
investorrelations@electromed.com
Mike Cavanaugh, Investor Relations ICR Westwicke (617) 877-9641
mike.cavanaugh@westwicke.com
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