Covalon Signs Mfg Agreement With Amsino

Covalon Technologies, an advanced medical products company, has entered into a manufacturing agreement with Amsino International, a business unit of Amsino Medical Group, a manufacture of single use medical devices.

The successful completion of this manufacturing agreement confirms the commitment of the two companies to the global strategic marketing alliance previously announced on April 24, 2009.

The manufacturing agreement provides that: Amsino will establish a high-volume manufacturing facility for customers who need to have their medical devices coated with Covalon's Covacoat; Amsino will purchase from Covalon a custom-designed, new-generation Covacoat machine; and Covalon and Amsino will share revenues from joint marketing activities directed at medical device companies.

Frank DiCosmo, president and CEO of Covalon, says: "It has been immensely satisfying to see Covalon's original coating technology evolve from a lab scale system into a pilot system for small volumes and now into a well-engineered and automated system for large scale manufacturing. Amsino's facilities in the US and China are the perfect platform for the commercialization of the Covacoat technology."

http://www.covalon.com/