Teleflex Acquires Nostix to Expand Catheter Tip Placement Solutions
January 11, 2016—Teleflex Incorporated announced that it has acquired privately held Nostix, LLC, a Boulder, Colorado, developer of tip confirmation systems that are used to increase the accuracy of vascular access device placement. Currently, Nostix’s electrocardiogram- (ECG-) only system is being marketed in the United States for use in placing peripherally inserted central catheters (PICC) and is used as an alternative to x-ray confirmation in adult patients.
The company stated that the additions of the Nostix product line will provide its customers with the ability to implement catheter tip placement solutions that meet their specific therapeutic and budget needs. The ECG-only product and range of navigation technologies that are under development will complement Teleflex’s Arrow VPS G4 vascular positioning system by diversifying and strengthening its PICC tip confirmation and navigation portfolio. The addition of this technology will support Teleflex’s future expansion into tip confirmation for central venous catheters and chronic hemodialysis catheters and ports. The financial terms of the transaction were not disclosed.