Venetec seeks partner for catheter safety feature:
This article was originally published in Clinica
Venetec has gained a US patent relating to its safety securement technology for catheters. The patent covers manufacturing modifications that can be readily made by a catheter manufacturer that wants to incorporate Venetec's built-in StatLock securement feature into its own line of peripheral IV catheters. Venetec, of San Diego, California, says that the potential value of the patent could be worth over $100 million annually to the company and to any major manufacturer that integrates the technology into its catheter design. The company is looking to partner with a major catheter manufacturer on an exclusive basis.