Covalon Announces Closing of AquaGuard Acquisition Combining Covalon’s Rich Technology Portfolio with AquaGuard’s Excellent Products and Specialized Salesforce Capable of Selling Covalon’s Products Throughout the United States
Summary
AquaGuards specialized products provide patients with crucial moisture protection for wound, surgical, and vascular access sites throughout the body while showering.As a unified company, AquaGuard and Covalon can market and sell a strong portfolio of infection management products such as IV Clear, MediClear Pre-Op, SurgiClear, and AquaGuard into an established client base of over 1,500 hospitals and clinics in the United States.As previously announced, Covalon acquired all of the assets and staff dedicated to the AquaGuard business from Cenorin, LLC.AquaGuards family of products provide protection for sites and dressings all over the body, and can be applied by most patients without the need of assistance from medical professionals.Investors should consult the Companys ongoing quarterly filings for additional information on risks and uncertainties relating to these forward-looking statements.