Haemonetics Announces Supply Agreement With HemeXcel - Quick Facts

(RTTNews) - Haemonetics Corp. (HAE) announced that it has entered into a multi-year agreement to supply the HemeXcel Purchasing Alliance LLC with certain whole blood collection components on an exclusive basis during calendar years 2014-2016. Haemonetics noted that this incremental business volume will not have a material impact on its fiscal 2014 revenue or earnings.

The company said, considered together with a smaller recent U.S. tender that was not awarded to Haemonetics, this incremental volume will represent approximately five net points of U.S. whole blood disposables share gain in fiscal 2015 and beyond. Another major U.S. whole blood tender remains in process and is expected to be awarded early in calendar 2014, the company said.