Quick-Med Technologies, Inc. (OTCBB: QMDT) and Avery Dennison
Corporation (NYSE: AVY) announced today that they entered into a joint
development and exclusive option agreement to collaborate in applying
Quick-Med’s proprietary NIMBUS® technology to adhesives for
medical device and industrial applications.
"We are excited to team with Avery Dennison Corporation to incorporate
our advanced NIMBUS technology in adhesives,” said J. Ladd Greeno, CEO
of Quick-Med Technologies. "Avery Dennison is the respected leader in
developing advanced adhesives to meet the requirements of medical device
manufacturers. This collaboration will leverage NIMBUS technology to a
next generation of antimicrobial adhesives to address growing infection
concerns.”
"Our partnership with Quick-Med will enable us to bring innovative,
next-generation antimicrobial technology to meet the needs of both
existing and potential customers,” said Kevin Young, Vice President &
General Manager of Avery Dennison Corporation. "NIMBUS technology will
continue Avery Dennison innovation firsts by bringing much needed,
uniquely effective and affordable, non-leaching antimicrobial protection
to applications for the medical devices market.”
What makes NIMBUS different from other antimicrobial technology is its
permanent bond and its ability to be effective even in the presence of
large amounts of serum and body fluids. The active agent is permanently
bonded to the substrate, keeping the biocide from depletion or leaching
antimicrobials into the wound, while killing microbes (such as MRSA,
VRE, and many others) that are present on the device. Being bound to the
substrate keeps the antimicrobial at full strength; test results show
that even in 90% serum, NIMBUS continues to kill microbes outperforming
other antimicrobials.
About NIMBUS®
NIMBUS is a next-generation antimicrobial technology that is
non-leaching, non-toxic, long-lasting and not blocked by organics such
as blood, urine and perspiration. According to Gregory Schultz,
Professor, Institute for Wound Research at the University of Florida and
Past President of the Wound Healing Society, "NIMBUS poses no danger of
bacteria developing resistance, or of releasing toxic material into the
wound and impeding the wound healing process. It is a novel technology:
bonded and effective even in high concentrations of body fluids.”
About Avery Dennison Corporation
Avery Dennison is a recognized industry leader that develops innovative
identification and decorative solutions for businesses and consumers
worldwide. The Company’s products include pressure-sensitive labeling
materials; graphics imaging media; retail apparel ticketing and branding
systems; RFID inlays and tags; office products; specialty tapes; and a
variety of specialized labels for automotive, industrial and durable
goods applications. A FORTUNE 500 Company with sales of $6.7 billion in
2008, Avery Dennison is based in Pasadena, California and employs more
than 36,000 employees in over 60 countries. For more information, visit www.averydennison.com.
About Quick-Med Technologies, Inc.
Quick-Med Technologies, Inc. is a life sciences company that is
developing innovative technologies for the healthcare and consumer
markets. For more information, see: www.quickmedtech.com.
© 2009 Quick-Med Technologies, Inc. All rights reserved. NIMBUS®
is a registered trademark of Quick-Med Technologies, Inc.
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