Avinger (AVGR) Enters Lumivascular Tech Agreement with VA

September 13, 2016 4:03 PM EDT

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Avinger, Inc. (NASDAQ: AVGR), a developer of innovative treatments for peripheral artery disease (PAD), today announced the company has received an FSS Contract Award from the U.S. Department of Veterans Affairs (VA) which establishes terms under which VA hospitals across the country may acquire Avinger’s portfolio of Optical Coherence Tomography (OCT) image-guided catheters for their veterans hospitals.

VA operates the nation's largest integrated health care system, with more than 1,700 hospitals, clinics, community living centers, domiciliaries, readjustment counseling centers, and other facilities.

“We’re thrilled that our Lumivascular technologies will now be available to the men and women who have served our country through this agreement with VA,” said Jeff Soinski, president and CEO of Avinger.

“I am happy to see this agreement come to fruition, as most of my medicine and cardiology training has been at VA hospitals,” said Avinger founder and executive chairman John B. Simpson, PhD, MD. “The men and women of VA deserve the best. In my humble opinion, Avinger has that to offer.”

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