Rochester Medical Corporation Commences Suit for Access to Hospital Market
March 17 2004 - 12:06PM
PR Newswire (US)
Rochester Medical Corporation Commences Suit for Access to Hospital
Market STEWARTVILLE, Minn., March 17 /PRNewswire-FirstCall/ --
Rochester Medical Corporation today announced it has commenced suit
against C.R. Bard, Inc., Tyco International (US),Inc., Tyco
Healthcare Group, L.P., Novation L.L.C., VHA Inc., Premier, Inc.,
and Premier Purchasing Partners, L.P., to recover damages and to
gain access to the urological products and hospital markets. Bard
and Tyco are manufacturers of products thatare competitive to
Rochester Medical's products. The remaining defendants are group
purchasing organizations (GPOs) who effectively decide what
products their member hospitals will purchase. The suit alleges
that the defendants engaged in anti-competitive practices and
product disparagement to prevent Rochester Medical's entry into
those markets. The suit is venued in the United Stated District
Court for the Eastern District of Texas, Texarkana Division.
Rochester Medical Corporation is represented in the suit by the
Lanier Law Firm of Houston, Texas and by Patton, Tidwell &
Schroeder, L.L.P., of Texarkana, Texas. Rochester Medical also
stated that it did not believe the suit would have a materially
adverse impact on revenues or earnings. Rochester Medical
Corporation develops, manufactures, and markets latex- free
disposable medical catheters and devices for urological and
continence care applications. The Company markets under its own
Rochester Medical brand and under private label arrangements. For
further information, please contact Anthony J. Conway, President
and Chief Executive Officer of Rochester Medical Corporation at
(507) 533-9600. More information about Rochester Medical is
available on its website at http://www.rocm.com/ . DATASOURCE:
Rochester Medical Corporation CONTACT: Anthony J. Conway, President
and Chief Executive Officer of Rochester Medical Corporation,
+1-507-533-9600 Web site: http://www.rocm.com/
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