Noxilizer hits milestone with first sale of sterilization system

Baltimore biotech firm Noxilizer sold its first sterilization system to an Indianapolis company, a deal that could be worth up to $340,000 over the next three years and sets the stage for expanding the company’s operations from services to products.

The RTS 360 Industrial NO2 Sterilizer is the medical equipment maker’s first commercial sterilization device and has a list price of $250,000. The company made its first sale to Catheter Research Inc. in Indianapolis.

The deal with Catheter Research…