Zacks Investment Research | Dec 03, 2019 09:12PM ET
Haemonetics Corporation (NYSE:HAE) announced the commercial availability of its SafeTrace Tx transfusion management software, a blood bank information system (BBIS), in North America. The next-generation offering is user friendly and has a contemporary look. It also helps elevate transfusion safety, interoperability, workflow efficiency and continuity of care.
Per the company, most hospitals use SafeTrace Tx as it supports safe, efficient and effective blood bank operations. The company expects to build on this momentum as interoperability and analytics are continuously gaining importance in Hospital Information Systems.
With the latest commercial release, Haemonetics aims to strengthen its hospital business’ transfusion management products.
Few Words on the Product
SafeTrace Tx is a specialized transfusion management system used in blood banks to manage patient and blood product information. It also aids in determining the suitability of blood products for transfusions.
The company believes that SafeTrace Tx, which has been designed based on input from experienced blood bankers, will greatly enhance data visualizations and analytics.
Recent Developments in Hospital Business
Of late, Haemonetics has been witnessing robust growth in its hospital business’ transfusion management segment.
The company commercially released TEG 6s PlateletMapping ADP (NASDAQ:ADP) & AA assay cartridge in November. The four-channel cartridge is intended for use with TEG 6s Hemostasis Analyzer System, which was cleared by the FDA in May for expanded use in adult trauma cases. Notably, the TEG 6s Hemostasis Analyzer System received the CE Mark and is available globally.
Industry Prospects
Per a report by Zacks Investment Research
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