ReShape Lifesciences Partners with Recon Supply for Veteran Care
New Collaboration to Enhance Veteran Healthcare
ReShape Lifesciences® (Nasdaq: RSLS), a leading company in weight loss and metabolic health solutions, has formed an exclusive distribution agreement with Recon Supply to significantly improve healthcare access for veterans and active military personnel. This strategic move aims to distribute innovative medical technologies within the Veterans Administration (VA) and Department of Defense (DoD) healthcare systems.
Innovative Solutions for Healthcare
The collaboration will deliver ReShape's advanced products, including the STIMEL-03 neuromuscular rehabilitation device and the next-generation Lap-Band® 2.0 FLEX, to over 18 million veterans and current service members. This is a groundbreaking initiative to ensure access to effective and life-improving medical treatments for those who have served the nation.
Mission-Driven Goals and Profound Impact
Paul F. Hickey, President and CEO of ReShape Lifesciences, expressed that this partnership highlights their commitment to extending the reach of innovative technologies that can enhance lives. The STIMEL-03 is particularly aimed at supporting veterans recovering from strokes, injuries, or surgeries, offering real-time EMG biofeedback and personalized electrical stimulation.
Addressing Obesity in Military Populations
Alongside the rehabilitation device, the Lap-Band® 2.0 FLEX provides a minimally invasive solution for obesity management, catering to individuals in the veteran and active-duty population who are struggling with weight and health issues. This aligns with ReShape's broader vision of fostering better health outcomes through medical innovation and accessible solutions.
Recon Supply's Commitment to Veterans
Recon Supply, a Service-Disabled Veteran-Owned Small Business (SDVOSB), is dedicated to improving veterans' healthcare through strategic partnerships and distribution agreements. Steve Clark, CEO of Recon Supply and a U.S. Marine Corps veteran, articulated the essence of their mission, emphasizing their dedication to delivering transformative medical solutions to those who have sacrificed for the country.
Expanding Reach within Military Healthcare
With established frameworks through Distribution and Pricing Agreements (DAPA) and Federal Supply Schedules (FSS), Recon Supply is well-positioned to expand the reach of ReShape's technologies to VA Medical Centers across the nation. Their growth of over 113% year-over-year reflects a robust demand for innovative healthcare products tailored to the unique needs of military personnel and veterans.
About the Partnership
This collaboration stands as a testament to ReShape Lifesciences' commitment to supporting veterans. By providing cutting-edge rehabilitation and weight management solutions, they aim to fulfill a critical gap in veteran healthcare while championing advancements in medical technology.
Following up with Continuous Innovation
Ongoing communication and partnership efforts will ensure both companies remain dedicated to improving veteran healthcare through effective solutions and innovative products. As the relationship evolves, ReShape Lifesciences is poised to make a substantial difference in the lives of those who have served the nation.
Frequently Asked Questions
What is the focus of ReShape Lifesciences?
ReShape Lifesciences specializes in weight loss and metabolic health solutions, providing innovative treatments and devices for obesity management.
What products will be distributed under the new agreement?
The agreement includes the STIMEL-03 neuromuscular rehabilitation device and the Lap-Band® 2.0 FLEX, among others.
How does Recon Supply contribute to this partnership?
Recon Supply, being a veteran-owned business, provides essential access to VA and DoD healthcare systems, facilitating the distribution of medical technologies to veterans.
Why is this partnership important for veterans?
This collaboration aims to enhance the availability of essential healthcare solutions for over 18 million veterans and active military personnel, addressing their specific needs.
How does ReShape Lifesciences' mission align with veteran care?
ReShape is dedicated to improving lives through innovative medical technologies, aligning their goals with the healthcare needs of veterans who have served the country.
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