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Minnesota Medical Development, Inc. (MMDI) Awarded an Agreement

Press releases may be edited for formatting or style | July 01, 2009
Awarded an agreement
under Novation's
MMDI has been awarded an agreement under Novation's New Medical Technology program to supply its Rebound HRD® and Rebound HRD V (hernia repair devices) to their alliance members. Alliance members include acute hospitals and systems, academic medical centers and ambulatory care facilities.

Rebound HRD and HRD V are intended to assist in the repair and/or reinforcement of hernia and soft tissue defects where weaknesses show and where support of nonabsorable material is recommended.

The Rebound HRD and HRD V are self-expanding Nitinol framed/surgical mesh medical devices, which are designed for the laparoscopic repair of inguinal, ventral and incisional hernias. The super-elastic Nitinol frame enables the device to fold and be placed laparoscopically through an access port or small incision. The device then returns to its original shape and can be easily placed over a hernia defect. The procedure reduces operating time by getting rid of of lessening fixation, as well as organizing mesh as the procedure is taking place.
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Preliminary use by surgeons of the Rebound HRD V indicates that procedural time can be reduced by as much as 50 percent in some cases.

Additional information can be obtained by visiting www.2mdinc.com.

About MMDI

MMDI was established in 2001 and is based in Plymouth, Minnesota. The Company's primary objective is to identify, develop, patent and manufacture unique medical devices that provide significant clinical benefits and market opportunities.

About Novation

Novation is the industry's leading contracting services company delivering unmatched savings to more than 25,000 members and affiliates of VHA Inc. and the University HealthSystem Consortium (UHC) and more than 15,000 Provista customers. Novation offers the most extensive range of advanced contracting services in the industry. VHA, UHC and Provista members used Novation and alliance contracts to purchase $35.6 billion in supplies and services in 2008.