Patterson Companies, Inc. : Patterson Veterinary enters into partnership with MediVet America to distribute stem cell and platelet-rich plasma kits and associated tissue processing equipment.
07/02/2013 | 12:07pm US/Eastern
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News Release FOR IMMEDIATE RELEASE PATTERSON VETERINARY AND MEDIVET AMERICA ENTER DISTRIBUTION AGREEMENT July 2, 2013 (Devens, MA) - Patterson Veterinary announced that it has entered into a partnership with MediVet America, a leader in veterinary stem cell technology and regenerative medicine, to distribute stem cell and platelet-rich plasma kits, as well as associated tissue processing equipment to veterinary practices nationwide. Patterson Veterinary Vice President of Sales Jeff Baker said, "We are excited to partner with MediVet America, a forward-thinking company that is a leader in the emerging regenerative therapy segment and shares our passion for bringing new and innovative products, technologies and education to the animal health industry. MediVet's line of stem cell therapies and equipment is a strong addition to the Patterson Veterinary portfolio of cutting-edge technologies, focused on enhancing the level of care veterinarians provide in order to improve the lives of their patients." Patterson and MediVet also have developed an educational platform for veterinarians to learn more about stem cell therapies and how these therapies are being used to help improve quality of life for animals. Adult animal stem cell technology uses the body's own regenerative healing power to help treat dogs, cats, horses and other animals suffering from painful arthritis, hip dysplasia, tendon, ligament and cartilage injuries and other ailments. The adipose (fat) derived stem cell kit allows for same-day harvest and application of an animal's own repair cells derived from fat tissue. MediVet CEO Jeremy Delk said, "Our team at MediVet is extremely excited about this partnership with Patterson Veterinary and we look forward to bringing the gold standard in veterinary regenerative medicine to Patterson customers." According to MediVet, more than 550 veterinarians in 47 states now perform the drug-free procedure entirely in their own clinics. The stem cell therapies and equipment will be available from Patterson Veterinary this month (July). For more information, please contact the Patterson Veterinary customer service team at 800.225.7911. About Patterson Veterinary Patterson Veterinary, a leading distributor of consumable veterinary supplies, equipment and software, diagnostic products, vaccines and pharmaceuticals to veterinary practices, is part of the progressive, global Patterson Companies (Nasdaq: PDCO) family of businesses. About MediVet America A research and development company and global leader in veterinary stem cell technology, MediVet America provides innovative cell applications for the therapeutic care of animals. Headquartered in Nicholasville, Ky., MediVet America develops advanced cellular designed kits and services for the treatment of arthritis and degenerative joint disease. MediVet-America.com Cheers Vin
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