Hospira Inc and Smiths Medical announced that effective immediately they will begin co-promoting their complimentary product lines.

Both companies will co-promote Hospira’s Symbiq general infusion pumps with Hospira MedNet safety software, and Smiths Medical’s Medfusion™ syringe pumps with PharmGuard medication safety software.

Also as part of the agreement, the two companies will develop a comprehensive enterprise infusion safety medication management software application, which will allow hospitals with the aforementioned equipment and software combinations to use one standard solution to view and report infusion data through Hospira MedNet-enabled enterprise technology.

The new technology will facilitate monitoring of infusion devices, while supporting improved medication administration reporting and benchmarking, as well as documentation of device wear and use.

“Our mutual goal is to provide an advanced medication management solution for patient safety and clinician flexibility,” said Stuart Morris-Hipkins, VP global sales and marketing, Smiths Medical.