Saturday, May 23, 2009

Cryolife vs. Medafor - lawsuit threatens Hemostase agreement

Cryolife have recently filed legal action against Medafor Inc. Medafor is the manufacturer of Hemostase MPH which was previously distributed under the name Arista. It is also sold by Orthovita under the brand name Vitasure.
Cryolife commented on the pending action "......we may be unable to effectively leverage our existing sales force to sell HemoStase, the lawsuit we filed against Medafor regarding our distribution agreement with Medafor may adversely impact our relationship with Medafor and could hamper or prevent us from distributing HemoStase........."

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