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Devices Distribution

 News Release - May 18, 2010

AccuVein Signs Exclusive Distribution Agreement in India to Sell Vein Illumination Device

Morepen Laboratories Limited to market AccuVein AV300, first portable, non-contact vein finder

COLD SPRING HARBOR, N.Y., May 18 -- (Healthcare Sales & Marketing Network) -- AccuVein LLC today announced it had signed an exclusive distribution agreement with the Medipath Division of Morepen Laboratories to sell the AV300 vein finder in India. With this new agreement AccuVein has now signed 30 distributors worldwide.

The AccuVein AV300 helps healthcare professionals locate veins for blood draw, IV infusion and blood donation by projecting a pattern of light on patient's skin that reveals the position of underlying veins. This 10-ounce, hand-held device is available with a range of hands-free options so that it can quickly free the practitioner's hands to perform the venipuncture.

"India is a country of over 1 billion people where emphasis on quality healthcare continues to rise," pointed out AccuVein VP of Marketing Vinny Luciano. "We are excited to have Morepen on board. They have an established track record in providing high-quality medical products to hospitals and other healthcare providers in India, and the AV300 should help these facilities improve patient care and reduce costs."

About AccuVein

AccuVein LLC is an award-winning supplier of innovative, cutting-edge medical devices. The AV300 is a breakthrough product, allowing health care providers to see a map of the position of peripheral veins on the skin's surface with the goal of helping to improve venipuncture procedures. Built using AccuVein's expertise in medical device miniaturization and user-intuitive design, the AV300 is the world's first portable, non-contact vein illumination solution. AccuVein has filed applications for more than a dozen patents on the AV300's technology. It is the recipient of the 2010 Medical Design Excellence Award and its AV300 was named a best new product for pediatricians by Contemporary Pediatrics magazine.

For more information on AccuVein's AV300, please visit www.accuvein.com.

About Medipath Division of Morepen Laboratories Limited

Recognizing the requirement of innovative and technologically advanced diagnostic products in India, Morepen created "Medipath" 8 years ago; an entity for marketing of medical devices and clinical diagnostic products. Medipath focuses on exploring and developing the business with the core strategy of consistently offering unique and high end technologies to its customers, backed-up by an impeccable service and customer support system. In its past several years of operation, this division has created a niche for itself, in the medical diagnostic and equipment industry, by introducing many innovative and revolutionary clinical; home diagnostics and technology driven products in India. The product range in the Diagnostic segment includes Pregnancy test, Hepatitis test, HIV Test, Urine strips, Coagulation analysers and reagents, ELISA instruments and infectious marker kits, and a rapid Malaria detection kit "Care Start" (manufactured by Access Bio Inc, USA). The Home Health range includes BP monitors (of various types), blood glucose Monitors, Nebulisers, Thermometers Weighing scales etc.

In line with their vision of introducing newer technologies and niche products in India, they secured the Exclusive Distribution rights for AccuVein AV300.


Source: AccuVein

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