A Medical Device Daily

Synergetics USA (O'Fallon, Missouri) has signed an addendum to its three-year agreement with Codman & Shurtleff (Raynham, Massachusetts), a Johnson & Johnson (New Brunswick, New Jersey) company. Under the terms of the revised agreement, Codman will have the exclusive right to market and distribute a Spetzler-Malis branded disposable bipolar forceps produced by Synergetics.

David Hable, president/CEO of Synergetics, said, "Codman and Synergetics have had a mutually beneficial relationship for over 25 years. We believe we will realize increased revenue as a result of this exceptional product being distributed by a more mature, worldwide Codman sales and marketing organization. In addition, this arrangement supports our ongoing efforts to reduce commercial expenses associated with our neurosurgery product lines. Codman is an important and valued partner of Synergetics and we look forward to our continued relationship under the extended agreement."

Synergetics is a supplier of precision microsurgery instrumentation.