DAXOR CORPORATION ANNOUNCES NON-GOVERNMENT DISTRIBUTION AGREEMENT WITH CONCORDANCE® HEALTHCARE SOLUTIONS
22 Juillet 2021 - 2:30PM
Daxor Corporation (NYSE MKT: DXR), the global leader in blood
volume measurement technology, announces today that it has signed a
non-government distribution agreement with Concordance Healthcare
Solutions, one of the largest independent healthcare distributors
in the U.S. Daxor and Concordance will work together to provide
Daxor’s BVA-100® (Blood Volume Analyzer) diagnostic blood test to
healthcare facilities nationally, driving the use of blood volume
measurement to help guide precise, individualized volume management
in a wide variety of medical conditions including heart failure and
critical care.
“Partnering with Concordance will accelerate
Daxor's growing sales, allowing our technology to reach even more
healthcare systems,” said Michael Feldschuh, Daxor’s CEO and
President. “Combining our sales and marketing efforts will
facilitate awareness, adoption and integration of our much-needed
and valuable test into standard of care, leading to better outcomes
and improvement of the quality of life for patients.”
“Partnering with Daxor, the dedicated leader in
blood volume measurement technology, to distribute the BVA-100
supports our purpose of ‘Positively Impacting Lives’ by reducing
readmissions, lowering healthcare costs and improving the lives of
our customer’s patients,” said Bill Muich, Concordance’s Senior
Director, Equipment Sales and Service. “The Daxor BVA-100 will
allow Concordance to offer a unique solution in the lab equipment
space benefiting both patients and providers.”
About Daxor Corporation
Daxor Corporation (NYSE: DXR) is the global
leader in blood volume measurement technology focused on blood
volume testing innovation (organized as an investment company with
fully-owned innovative medical instrumentation and biotechnology
operations). We developed and market the BVA-100® (Blood Volume
Analyzer), the first diagnostic blood test cleared by the FDA to
provide safe, accurate, objective quantification of blood volume
status and composition compared to patient-specific norms. The BVA
technology enhances hospital performance metrics in a broad range
of surgical and medical conditions, including heart failure and
critical care, by informing treatment strategies, resulting in
significantly improved multiple measures of patient outcomes.
Daxor's mission is to advance healthcare by enabling optimal fluid
management with blood volume analysis. Daxor’s vision is optimal
blood volume for all. For more information, please visit our
website at Daxor.com.
About Concordance Healthcare Solutions
Concordance Healthcare Solutions, an independent
healthcare distributor headquartered in Tiffin, Ohio, is built on
over 175 years of combined industry experience through the merger
of three of the nation’s premier healthcare distributors.
Concordance spans the U.S. market with nineteen distribution
centers licensed in forty-eight states. Concordance delivers
dynamic, dependable service to the entire care continuum including
Acute Care, Community Health, Government, Home Care, Hospice,
Laboratory, Long Term Care, Primary Care and Surgery Centers. In
addition, Concordance has experts dedicated to emergency
preparedness, 3PL, and reverse logistics, in addition to offering
comprehensive support for equipment, remodeling and construction
project needs. To learn more, visit: www.concordance
healthcare.com.
Forward-Looking Statements
Certain statements in this release may include
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including without
limitation, statements regarding the impact of hiring sales staff
and expansion of our distribution channels. Forward-looking
statements are predictions, projections and other statements about
future events that are based on current expectations and
assumptions and, as a result, are subject to risks and
uncertainties. Many factors could cause actual future events to
differ materially from the forward-looking statements in this
release, including, without limitation, those risk associated with
our post-market clinical data collection activities, benefits of
our products to patients, our expectations with respect to product
development and commercialization efforts, our ability to increase
market and physician acceptance of our products, potentially
competitive product offerings, intellectual property protection,
FDA regulatory actions, our ability to integrate acquired
businesses, our expectations regarding anticipated synergies with
and benefits from acquired businesses, and additional other risks
and uncertainties described in our filings with the SEC.
Forward-looking statements speak only as of the date when made.
Daxor does not assume any obligation to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
Daxor Investor Relations
Contact:Bret ShapiroSr. Managing Partner, CORE
IR516-222-2560brets@coreir.com
Daxor (AMEX:DXR)
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