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Nephros Enters Into Agreement With Steris

Nephros, a developer and marketer of filtration products for therapeutic applications, infection control, and water purification medical devices, has entered into a development agreement with Steris ( STE).

Under the terms of the agreement, Nephros and Steris will jointly develop filtration-based products for medical device applications. Nephros has received an initial payment upon entering into the agreement and is eligible to receive additional payments upon successful completion of product development milestones.

Nephros reported that in 2009, it has received 510(k) marketing approval from the FDA for the Dual Stage Ultrafilter (DSU) to be used to filter biological contaminants from water and bicarbonate concentrate used in hemodialysis procedures. In August 2009, Nephros reported that it was awarded a new research contract from the US Office of Naval Research (ONR) for development of a portable dual-stage purifying filter.

Ernest Elgin, president and CEO of Nephros, said: “Nephros is investigating a range of commercial, industrial and retail opportunities for its DSU technology. We are pleased to be working with Steris to leverage our expertise in additional applications. Steris is a leader in the field of medical device sterilization, and we look forward to developing new products together to enhance patient safety.”