Paragonix Technologies and Bio Instruments Announce Distribution Agreement

Friday, December 23, 2016

Paragonix Technologies, Inc., announced that it has entered into an exclusive distribution agreement with Bio Instruements, LLC, to market Paragonix Technologies’ SherpaPak™ Cardiac and Kidney Transport Systems, innovative static hypothermic preservation and transport devices for donor organs in leading transplant centers in the Midwestern United States.

William Edelman, Chairman & CEO of Paragonix Technologies commented, “We are excited for Bio Instruments to join our expanding SherpaPak™ distributor network. On a national basis we are seeing tremendous market response to the SherpaPak™ Cardiac and Kidney Transport Systems.” Mr. Edelman continued, “SherpaPak™ provides best-in-class donor organ management solutions for safe and reliable preservation and transport of donor hearts and kidneys. In November 2016, we engaged in an exclusive distribution agreement with Pacific West Medical Sales. We are adding distribution capability to our growing channel and look to have additional announcements in the near future. The Paragonix SherpaPak™ devices for kidney and heart preservation are an important step in improving donor organ transportation. We believe that improving the utilization of donated organs is critical to patients in end-stage organ failure who are desperate for this precious commodity.”