NxStage inks needle supply deal with DaVita

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LAWRENCE, Mass.—NxStage Medical Inc. said Jan. 7 that it has signed a five-year agreement with DaVita Inc. to supply its dialysis clinics with MasterGuard and ButtonHole safety needle sets.

NxStage manufactures the System One portable dialysis system, and added the needle sets to its product offering after acquiring Medisystems, which was completed in October 2007.

"We are very pleased to continue our long-standing relationship as DaVita’s primary needle supplier," said Jeffrey Burbank, NxStage president and CEO. "Medisystems high quality, innovative products was one of the key reasons we acquired the company last year. This new agreement with DaVita solidifies NxStage’s position as a dialysis industry leader in-center, as well as in the critical care and home hemodialysis markets."

DaVita and NxStage signed a three-year agreement in February 2007, under which DaVita purchased $20 million in NxStage stock as well as $5 million in equipment.

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