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Bayer and MedAssets sign three-year supply agreement for Magnevist

Bayer HealthCare Pharmaceuticals has been awarded a three-year contract by MedAssets Supply Chain Systems to provide Magnevist, an MRI contrast agent.

The agreement is effective November 1, 2007 and includes 5, 10, 15 and 20 mL single-dose vials, 50 and 100 mL pharmacy bulk packages, and 10, 15 and 20 mL pre-filled syringes of Magnevist.

This is the first time that Magnevist has been awarded a contract with MedAssets Supply Chain Systems. With this agreement, Magnevist is now on contract or has agreements with nearly all of the major GPOs in the US. Magnevist is the leading MRI contrast agent with the broadest range of FDA approved indications for adult and pediatric patients.

Douglas Stefanelli, vice president and general manager, diagnostic imaging, Bayer HealthCare Pharmaceuticals, said: “We are delighted that MedAssets Supply Chain Systems has awarded a three- year contract to Bayer HealthCare Pharmaceuticals for Magnevist. We look forward to providing the customers of MedAssets and its healthcare providers with both our high quality product and with our high- level of customer support.”