Contact: Martin von Dyck
Executive Vice President
Phone 908 722 5000
Hydromer, Inc. enters Chinese Market
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 to represent Hydromer medical coatings in the Peoples Republic of China.
terms of this relationship, HnG
represent and negotiate medical coating services
and royalty/fee based license agreements
“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 .
Medical Incorporated is
Pebax ® is a registered trademark of Arkema.
Hydromer ® is a registered trademark of Hydromer, Inc.