YUCAIPA, Calif., Jan. 14, 2010 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT), a leading manufacturer of respiratory medical devices, recently announced that they will engage Medical Strategies International (MSI) to increase sales of the Oxyview product line through GPO contracts.
MSI specializes in helping companies increase sales through Group Purchasing Organizations (GPOs), Integrated Delivery Networks (IDNs), and Equipment Planners. Medical Strategies International (MSI) is a strategic business-consulting firm focused on the Medical industry. MSI's Executive Team is highly trained healthcare professionals with over 70 years experience in the Sales, Marketing, Government and Corporate Account Management of medical products and services. Our goal is to assist companies that manufacture or distribute products and services to the Hospital/Physician market and help them increase sales through the extremely important arena of Healthcare Group Purchasing Organizations and Integrated Health Delivery Networks.
In the United States, a healthcare group purchasing organization (or GPO) is an entity that is created to leverage the purchasing power of a group of hospitals to obtain discounts from vendors based on the collective buying power of the GPO members. Group purchasing is used in many industries to purchase raw materials and supplies, but it is common practice in the health care industry.
The Oxyview Nasal Cannula has garnered a lot of attention at several conventions throughout the world. This showing captured the attention of many distributors who are interested in this new medical technology, opening the doors to the possibility that Oxyview will become available worldwide to patients outside of the United States by March of 2010. Ingen recently unveiled its latest in medical respiratory equipment; the new Oxyview Pulse Oximeter.
In 2010, the adult nasal cannula manufacturer plans to aggressively market its medical devices to hospitals. But Ingen's bold plans for growth don't end here. The company also hopes to work with distributors to make the Oxyview product line available worldwide beginning in March-2010. Recently, at the MEDICA convention in Germany, Ingen's showcase of Oxyview earned the company attention from multiple distributors that were on hand for the event.
"We look forward to working with Ken Kuiper of Medical Strategies International. Our plan is to capture the VA Hospital market with our expected GSA approval, and capture the commercial hospital market through GPO contracts. The Oxyview Nasal Cannula and the Oxyview Pulse Oximeter will be a great improvement to oxygen therapy in the hospital setting," stated Scott R. Sand, Chief Executive Officer and Chairman of the Board.
http://www.medistrategies.com/MSI/
http://www.oxyviewnasalcannula.com/AboutUs.html
About Ingen:
Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and a successful registration with the Food & Drug Administration. The company has domestic and global distribution with manufacture representative organizations, and OEM partners. In 2009 the Oxyview Nasal Cannula was introduced as the world's first oxygen cannula with an in-line pneumatic oxygen flow meter. In 2010 the company introduced the Oxyview Pulse Oximeter. The Oxyview product line is available to the home care markets, commercial medical markets, aviation, automotive, and government sources. The company is licensed with the Department of Health and Human Services, and manufactures its products in the State of California. With approximately 32 million U.S. patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide, Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
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