MERIDIAN, Idaho,
"This contract has delivered significant value to the Premier members that have already implemented it and we look forward to continuing to drive value for all Premier members," stated Jonathan Houssian, CEO of RxElite.
RxElite anesthetic gases are manufactured by Minrad International, Inc., a
leader in the innovation of anesthesia. RxElite holds the exclusive
distribution rights for Minrad produced anesthetic gases for the human market
in the
About RxElite, Inc
RxElite, Inc. develops, manufactures, and markets generic prescription drug products in specialty generic markets. These markets include products in the areas of anesthesia and sterile liquid dose drugs (including respiratory inhalation drugs, ophthalmics, and injectable drugs).
About Premier, Inc., 2006
About Minrad International, Inc.
Minrad International, Inc. is an interventional pain management company with real-time image guidance and anesthesia and analgesia product lines. The real-time image guidance products facilitate minimally invasive surgery especially for pain management and have broad applications in orthopedics, neurosurgery, and interventional radiology. These devices enable medical professionals to improve the accuracy of interventional procedures and reduce radiation exposure. Minrad International also manufactures and markets generic inhalation anesthetics for use in connection with human and veterinary surgical procedures. The company is developing a drug/drug delivery system for conscious sedation, which, similar to nitrous oxide in dental surgery, provides a patient with pain relief without loss of consciousness. Additional information can be found at the company's website, http://www.minrad.com .
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving known and unknown risks, delays, and uncertainties that may cause our actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These risks, delays, and uncertainties include, but are not limited to: risks associated with the uncertainty of future financial results, our reliance on our sole supplier, the limited diversification of our product offerings, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements.
For More Information: Corporate Information Ph: (208) 288-5550 Toll Free: (800) 414-1901 Fax: (208) 288-1191 Investor Relations Craig Bird, 215-885-4981 chbird@segue.biz Segue Ventures LLC
SOURCE RxElite, Inc.