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Instrumentation Laboratory Awarded New Contract With Novation

Friday, January 8, 2010 Press Release J E 4
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Three-year Contract for Blood Gas Instrumentation

BEDFORD, Mass., Jan. 7 -- Instrumentation Laboratory (IL), today, announced it has been awarded a three-year contract with Novation for Blood Gas Instrumentation.  Novation is the supply contracting company of VHA, Inc., University HealthSystem Consortium (UHC) and Provista.  The contract, effective January 1, 2010 includes an option for two additional one year extensions.  

Included in the agreement is IL's portfolio of critical care analyzers, reagents, consumables and service, including the Company's flagship product, the GEM® Premier™ 4000 for blood gas, electrolyte and metabolite analysis with integrated CO-Oximetry testing, as well as the new GEM Premier 3500 analyzer.  These instruments feature IL's patented Intelligent Quality Management (iQM®), a real-time, automated, quality assurance system that continuously detects, corrects and documents, to assure quality results and compliance, 24/7, regardless of operator or testing location.  iQM, coupled with its cartridge-based technology and ease of use, allows the GEM Premier analyzers to provide consistent, accurate, lab-quality results throughout the hospital.  The contract also includes GEMweb Plus data management system and GEMweb software, for remote management of GEM Premier analyzers, in addition to the GEM OPL, IL's portable CO-Oximeter.

"We are very pleased to form this new partnership with Novation, one of the country's finest group-purchasing organizations.  Their focus on outstanding clinical performance and efficiency is perfectly aligned with IL's mission to enhance patient care by delivering innovative testing solutions to our customers," said Brian Durkin, Director of North American Sales at IL.   "We are now the only critical care instrument manufacturer to be awarded contracts with every major group purchasing organization in the US, which speaks volumes about the quality of our products and the confidence our customers place in us."  

About Novation

Founded in 1998, Novation is the leading health care supply contracting company for more than 25,000 members of VHA Inc. and the University HealthSystem Consortium (UHC), two national health care alliances and nearly 15,000 members of Provista, LLC.  Novation offers its customers contract development and management, supply chain data and measurement, and industry knowledge and advocacy.  Based in Irving, Texas, Novation develops and manages competitive contracts with more than 500 suppliers.   VHA, UHC and Provista members used Novation contracts to purchase nearly $35.7 billion in 2008.

About Instrumentation Laboratory

Instrumentation Laboratory (www.ilus.com), founded in 1959, is a worldwide developer, manufacturer and distributor of in vitro diagnostic instruments, related reagents and controls for use primarily in hospitals and independent clinical laboratories.  The company's product lines include critical care systems, hemostasis systems and information management systems.  IL's GEM® product offerings, part of the critical care line, include the new GEM Premier 3500 with Intelligent Quality Management (iQM®), GEM Premier™ 4000 analyzer, GEMweb Plus information management system, and the GEM PCL Plus, a portable coagulation analyzer.  IL's hemostasis portfolio includes the ACL TOP® Family of Hemostasis Testing Systems, fully automated, high-productivity analyzers, including the ACL TOP, the new ACL TOP LAS and the ACL TOP 500 CTS.  IL also offers the new ACL AcuStar™, ACL ELITE® and ELITE PRO, other hemostasis analyzers and the HemosIL® line of reagents.  IL is based in Bedford, Massachusetts.

The Instrumentation Laboratory logo, GEM, iQM, HemosIL, ACL TOP, ACL ELITE, ACL AcuStar and Premier are trademarks of Instrumentation Laboratory Company and/or one of its subsidiaries or parent companies, and may be registered in the United States Patent and Trademark Office and in other jurisdictions.  All other product names, company names, marks, logos, and symbols are trademarks of their respective owners.

SOURCE Instrumentation Laboratory

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