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Hydromer, Inc. Announces the Sale of the T-HEXX Animal Healthcare Product Line to Huvepharma

Branchburg, NJ - (NewMediaWire) - August 28, 2018 - Hydromer, Inc. (HYDI.PK – OTC BB), the "Company" or "Hydromer", announces that Huvepharma has acquired its T-HEXX Animal Healthcare business.

Huvepharma, a fast-growing global pharmaceutical company focused on developing, manufacturing and marketing human and animal health products, acquires the globally renowned T-HEXX brand which includes the T-HEXX DRY external teat sealants and Dragonhyde® DUST dissolvable hoof bath powder and PUTTY topical paste, their associated patents and trademarks, inventory and other assets. 

"This transaction is part of our rejuvenation strategy to refocus on the Company's core competencies of product development and manufacturing," said Robert Y Lee, Chief Financial Officer, Hydromer Inc., adding, "Our current focus will be in the human medical, industrial and botanical space under a Business-to-Business model.  The Company, with its streamline operations, did not have a proper sales force to support the needs of a Business-to-Consumer model that the T-HEXX division operated in, one which a powerhouse such as Huvepharma is much suited to significantly grow the business."

Hydromer, Inc. is an innovative ISO 9001:2015 technology- focused company engaged in the business of inventing, developing, patenting, licensing, manufacturing and selling hydrophilic polymer based products for commercial markets including Medical Device, Pharmaceutical, Biotechnology, Industrial Plastics  and Cosmetic and Personal Care.   Hydromer also provides highly specialized medical coating services to industry through its FDA registered and ISO 13485:2003 certified Biosearch Medical Products subsidiary. 

 

For the latest information about Hydromer, Inc. and its products, please visit our web site at http://www.hydromer.com.


Robert Y Lee
908-722-5000
r.lee@hydromer.com