Covalon to Introduce New Infection Prevention Products at the Annual Association of Pediatric Hematology/Oncology Nurses (APHON) Conference

Rhea-AI Summary

Covalon Technologies Ltd. (CVALF) announced its participation in the 46th Annual APHON Conference in West Palm Beach from September 15-17, 2022. The company focuses on advanced wound care and infection prevention solutions for pediatric patients. Covalon's VALGuard product, now used by over 25 leading children's hospitals, aims to reduce central line-associated bloodstream infections, which have increased by 65% in ICUs. Covalon will showcase its innovative products at booth 307, emphasizing the importance of effective infection prevention strategies.

Positive

• Covalon's VALGuard product is FDA-approved and being utilized by over 25 children's hospitals.
• The company's products address the urgent need to reduce central line-associated bloodstream infections, which are up 65% in intensive care units.

Negative

• The significant rise in bloodstream infections indicates a growing challenge in infection management.

Ensuring that health professionals caring for the youngest patients have access to advanced wound care and infection prevention solutions

Visit Covalon at booth 307 at the 46th Annual APHON Conference & Exhibit in West Palm Beach on September 15 – 17, 2022

MISSISSAUGA, ON, Sept. 13, 2022 /PRNewswire/ - Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV) (OTCQX: CVALF), an advanced medical technologies company, is pleased to announce its participation in the 46th Annual Association of Pediatric Hematology/Oncology Nurses (APHON) Conference & Exhibit at the Palm Beach County Convention Center in West Palm Beach, Florida on September 15 – 17, 2022.  Visit Covalon at booth 307 to learn how our infection prevention and advanced wound care products are making a difference in the lives of our youngest patients.

With more than 25 leading children's hospitals currently using or evaluating Covalon's VALGuard product, the world's only FDA-approved vascular access line guard, the need to find a solution to help protect line-to-line connections to reduce central line associated bloodstream infections ("CLABSIs") has never been greater.  Bloodstream infections are up 65% in intensive care units, and there is an urgent need to adopt new compassionate care technologies in the fight to protect patients.

"Effective infection prevention strategies require the best products targeted at the contributors to the risk of infection," started Brian Pedlar, CEO of Covalon.  "With studies indicating up to 71% of catheter-related infections being linked to catheter hub contamination – Covalon's VALGuard product was developed to help prevent these infections.  I encourage all attendees at APHON to see what's new at Covalon's booth."

The Conference provides premier educational content, networking, and social events for nurses specializing in pediatric hematology/oncology.  Covalon will be hosting an exhibit throughout the conference dates.  Visit us at booth 307 to learn how our infection prevention and advanced wound care products are making a difference in the lives of our youngest patients.  To register for the conference, please visit https://conference.aphon.org.  To book an appointment with a Covalon representative, please email Ron Hebert, SVP Marketing, Covalon Technologies Ltd., at rhebert@covalon.com.

Covalon's patented products include: 

• VALGuard® - an FDA-approved, transparent, environmental barrier designed to protect catheter hubs and line connections from external contaminants and gross contamination, including body fluids and other secretions. It incorporates a quick-release pull strip for fast access to infusion hubs and for easy removal.
• SurgiClear® - a transparent, breathable, fluid impermeable barrier that isolates the wound site from external contamination while providing dual antimicrobial protection throughout the entire surface of the dressing. It uses a low but effective concentration of chlorhexidine and silver embedded into an atraumatic silicone adhesive that covers the entire transparent surface area to allow for easy and consistent monitoring of wound sites.
• IV Clear® - a vascular access dressing that offers complete transparency at and around the insertion site for easy daily assessment. It uses a soft silicone adhesive to preserve the skin's barrier function and minimize skin injuries and incorporates safe amounts of antimicrobials, without sacrificing efficacy, to protect against chemical irritation.

About Covalon

Covalon Technologies Ltd. is a researcher, developer, manufacturer, and marketer of patent-protected medical products that improve patient outcomes and save lives in the areas of advanced wound care, infection management and surgical procedures. Covalon leverages its patented medical technology platforms and expertise in two ways: (i) by developing products that are sold under Covalon's name; and (ii) by developing and commercializing medical products for other medical companies under development and license contracts. The Company is listed on the TSX Venture Exchange, having the symbol COV and trades on the OTQX Market under the symbol CVALF. To learn more about Covalon, visit our website at www.covalon.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

This news release may contain forward-looking statements which reflect the Company's current expectations regarding future events. The forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan, "estimate", "expect", "intend" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "will" or "will be taken", "occur" or "be achieved". In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts, but instead represent management's expectations, estimates and projections regarding future events. Forward-looking statements involve risks and uncertainties, including, but not limited to, the factors described in greater detail in the "Risks and Uncertainties" section of our management's discussion and analysis of financial condition and results of operations for the three and nine months ended June 30, 2022, which is available on the Company's profile at www.sedar.com, any of which could cause results, performance, or achievements to differ materially from the results discussed or implied in the forward-looking statements. Investors should not place undue reliance on any forward-looking statements. The forward-looking statements contained in this news release are made as of the date of this news release, and the Company assumes no obligation to update or alter any forward-looking statements, whether as a result of new information, further events or otherwise, except as required by law.

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SOURCE Covalon Technologies Ltd.

FAQ

What event is Covalon Technologies participating in September 2022?

Covalon Technologies will participate in the 46th Annual APHON Conference in West Palm Beach from September 15-17, 2022.

What is Covalon's VALGuard product used for?

Covalon's VALGuard product is an FDA-approved vascular access line guard designed to reduce the risk of central line-associated bloodstream infections.

Why is the VALGuard product important for pediatric healthcare?

The VALGuard product is crucial as it addresses the urgent need to protect line-to-line connections in pediatric patients, especially given the 65% increase in bloodstream infections in ICUs.

Where can attendees learn more about Covalon's products at the APHON Conference?

Attendees can visit Covalon at booth 307 during the APHON Conference to learn about their infection prevention and advanced wound care products.