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Medical Products Stock News
The November 29th show features Medical Waste disposal products stock
Skyline Medical, Inc. (stock symbol: SKLN) and an interview with
Peter Alex
VICE PRESIDENT OF SALES
Listen to a replay of the interview:
Mr Alex discuss the benefits of Skyline medical waste disposal system and
recent news that
Skyline Medical Receives Health Canada Approval to Market STREAMWAY® System
Expects nationwide distribution to be in place in the next few weeks
Nov. 22, 2016 Skyline Medical Inc. producer of the FDA-approved STREAMWAY® System for automated, direct-to-drain medical fluid disposal, announces that it has received a Medical Device Establishment License to sell the STREAMWAY System and related disposables in Canada.
A number of distributors have expressed interest in selling STREAMWAY into Canada’s healthcare system. Skyline has now begun talks with several of them and expects within the next few weeks to come to terms with one or more distributors, covering approximately 1,500 hospitals in all 13 provinces of Canada.
“We look forward to bringing the STREAMWAY System and its many benefits to healthcare professionals and facilities to the approximately 10,000 operating rooms across Canada,” said Dr. Carl Schwartz, executive chairman of Skyline Medical. “This approval follows receipt of ISO 13485:2003 certification for the STREAMWAY System, which not only was a requirement for Canadian approval, but is necessary for the CE Mark and subsequent sales in the European Union. We are pleased to reach this important milestone in our plans for broader distribution of the STREAMWAY System.”
See corporate site: SkylineMedical.com
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Peter Alex – VICE PRESIDENT OF SALES
Mr. Alex was appointed VP of Sales in July 2016. He has nearly 20 years of commercial medical device experience with industry leaders including Olympus Corporation and Boston Scientific Corporation, as well as with emerging companies, and a career-long focus on gastroenterology, pulmonary and surgical endoscopic products. Prior to Skyline Medical, Pete served as a National Sales Director at Olympus Corporation where he led two product launches and managed product life cycle efforts. Prior to Olympus, he served as Vice President of Sales and Marketing for Somna Therapeutics, a startup medical device company for which he co-invented the Reza Band™. Prior to Somna, Pete worked at Olympus Corporation from 2003 to 2012, holding sales and marketing roles of increasing responsibility, and at Boston Scientific from 2001 to 2003 as Territory Manager for Microvasive Endoscopy. Mr. Alex has an MBA from Marquette University and a BS in Economics from University of Wisconsin-Milwaukee
Skyline Medical Signs Agreement for GLG Pharma to be Exclusive Distributor of STREAMWAY System in the U.K. — See News
GLG to Begin Sales and Marketing Immediately upon Receipt of CE Mark
Skyline Medical Inc. producer of the FDA-approved STREAMWAY® System for automated, direct-to-drain medical fluid disposal, announces the signing of a distribution agreement granting GLG Pharma, LLC (“GLG”) exclusive rights to market and distribute the STREAMWAY® System in the U.K.
Under the terms of the agreement, GLG will be responsible for all sales and marketing activities, including hiring and training the appropriate number of direct sales representatives to cover the 3,600 operating rooms in the U.K.
The new standard in waste fluid management.
Skyline Medical developed the patented, FDA-approved STREAMWAY System, which simplifies and improves the management of surgical fluid for the benefit of patients, staff and the environment.
The revolutionary, FDA-approved STREAMWAY® System is an automated, direct-to-drain system that’s changing the way healthcare facilities collect and dispose of potentially infectious waste fluid.
Skyline Medical produces a fully automated, patented, FDA-cleared waste fluid disposal system that virtually eliminates staff exposure to blood, irrigation fluid and other potentially infectious fluids found in the healthcare environment.
Antiquated manual fluid handling methods that require hand carrying and emptying filled fluid canisters present an exposure risk and potential liability.
Skyline Medical’s STREAMWAY System medical product fully automates the collection, measurement and disposal of waste fluids and is designed to:
1) reduce overhead costs to hospitals and surgical centers;
2) improve compliance with OSHA and other regulatory agency safety guidelines;
3) improve efficiency in the operating room, and radiology and endoscopy departments, thereby leading to greater profitability; and
4) provide greater environmental stewardship by helping to eliminate the approximately 50 million potentially disease-infected canisters that go into landfills each year in the U.S.
Medical Waste Management Products News
The STREAMWAY System installs in or on the wall with direct-to-drain fluid removal medical product for safe, continuous collection and disposal. The illuminated touch screen provides safe control over surgical suction levels and displays automated measurement of volumes, while the single patient procedure filter and tissue trap both prevents cross contamination and allows for tissue retrieval. To clean, simply detach the filter, connect the cleaning solution bottle and activate the rapid clean cycle using the touch screen.
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