SINGAPORE (Dec 20): QT Vascular says that its subsdisiary TriReme Meidcal LLC has signed an agreement with HealthTrust Purchasing Group, to sell its angioplasty balloons to HealthTrust’s members.

QT Vascular says the agreement will help expand the group's customer base in the US.

HealthTrust, based in Nashville, Tennessee, has over 1,400 members – including hospitals, ambulatory surgery centres, physician practices, long-term care and alternate care sites — in over 22,600 locations.

The agreement is effective from Dec 15.

Shares of QT Vascular closed 0.3 cents lower at 8 cents on Tuesday.