American Medical Systems Holdings, Inc. (
AMMD) recently won a new contract to supply three of its female stress urinary incontinence (SUI) treatment devices, Monarc Subfascial Hammock, MiniArc Single-Incision Sling, and SPARC Sling System, in the U.K. The contract was awarded by the public healthcare provider of the U.K. , the National Healthcare Services (NHS), as part of its multiple-awardees contract. Financial details of the contract are yet to be disclosed.
The devices will be available to women treated in any NHS hospital in the region and supported by the Normanton centre, U.K. The Monarc device is one of the leading transobturator slings that bring relief to women suffering from SUI. It has been estimated that more than 600,000 women have been implanted with the Monarc, MiniArc and SPARC systems globally.
We think that the new contract is a shot in the arm for American Medical Systems ...
Tags for this Post:American Medical Systems Holdings Inc.,
Analyst,
Boston Scientific Corporation,
erectile dysfunction,
incision,
Investing Lessons,
Johnson & Johnson,
leader,
menorrhagia,
Minnesota,
Minnetonka,
NHS hospital,
NHS;,
public healthcare,
Stocks to Watch,
treatment devices;,
United Kingdom,
urinary incontinence;,
Zacks Market Commentaries