Safeguard Medical and PerSys Medical Announce Partnership Agreement
Chicago and Houston — Safeguard Medical and PerSys Medical announced today that they have reached an agreement to formalize a long-term partnership. The agreement, expected to be finalized in the second quarter of 2021, will create the most innovative offering of emergency medical technologies and specialized training for first responders.
“Safeguard Medical shares our deep commitment to developing and bringing to market exceptional products designed to support people on the front lines of saving lives. Our partnership will enable us to better serve our military and law enforcement professionals, emergency medical technicians and everyday civilians,” said Ofer Molad, founder and president, PerSys Medical.
He added, “Safeguard Medical will be an outstanding steward of our critical care products and advancing our research and development.”
Safeguard Medical was formed in 2020 through the merger of Combat Medical Systems, Prometheus Medical, Trauma FX Ltd., and Water-Jel Technologies. The company recently acquired H&H Medical Corporation. Today, Safeguard Medical is well positioned to not only solve the emergency medical needs of today, but to prepare for the demands of tomorrow. Distributors and customers of both companies will continue to have access to the life-saving technologies of both PerSys Medical and Safeguard Medical.
“Our agreement with PerSys is another important step toward fulfilling our strategy of providing first responders around the world with the most differentiated technologies and training centered around addressing their individual needs and preferences,” said Adam Johnson, chief executive officer, Safeguard Medical.
About PerSys Medical
PerSys Medical is a global leader in developing and manufacturing life-saving devices for EMS, hospitals, law enforcement and the world’s elite militaries. Headquartered in Houston, Texas, the company has research and development and manufacturing operations around the world. Its major products focus on hemorrhage control, intraosseous and vascular access, hypothermia treatment and airway management. For more information, visit www.persysmedical.com.
About Safeguard Medical
Safeguard Medical is home to the world’s leading and trusted brands for emergency medical product technologies, and skills training. Offering a powerful portfolio of innovative, high-quality products, simulation capabilities, training courses and consultancy programs, Safeguard Medical is dedicated to advancing its mission of equipping and enabling responders at every skill level to preserve life in any environment. Driven by innovation and real-world experience, Safeguard Medical aims to solve not only the emergency medical needs of today, but prepare for the demands of tomorrow. Safeguard Medical is a company of Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry. For more information, visit www.safeguardmedical.com.