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Agreement and Plan of Merger

TABLE OF CONTENTS

		Page
ARTICLE I	CERTAIN DEFINITIONS	1

ARTICLE II	THE MERGER	11
2.01	The Merger	11
2.02	Effective Time of the Merger	11
2.03	Effects of the Merger	11
2.04	Closing	11
2.05	Articles of Incorporation	11
2.06	By-Laws	12
2.07	Directors and Officers	12
2.08	Actions of Parent as Sole Shareholder of Merger Sub	12

ARTICLE III	CONVERSION OF SECURITIES	12
3.01	Effect on Capital Shares	12
3.02	Dissenting Shares	13
3.03	Stock Options	13
3.04	Surrender and Payment	14
3.05	Lost Certificates	15
3.06	Withholding Rights	15
3.07	No Further Ownership Rights in the Company Common Shares	15
3.08	Further Assurances	16
3.09	Adjustment to Per Share Price	16

ARTICLE IV	REPRESENTATIONS AND WARRANTIES	18
4.01	Representations and Warranties of the Company	18
4.02	Representations and Warranties of Parent and Merger Sub	38

ARTICLE V	COVENANTS RELATING TO CONDUCT OF BUSINESS	40
5.01	Covenants of the Company	40
5.02	Covenants of Parent	44
5.03	Governmental Filings	44
5.04	Control of Other Partys Business	45

ARTICLE VI	ADDITIONAL AGREEMENTS	45
6.01	Preparation of Proxy Statement; Shareholders Meeting	45

		Page
6.02	[Reserved]	47
6.03	Access to Information	47
6.04	Required Actions	47
6.05	Acquisition Proposals	49
6.06	Fees and Expenses	51
6.07	Directors and Officers Indemnification and Insurance	51
6.08	Employee Benefits	53
6.09	Public Announcements	54
6.10	Section 16 Matters	54

ARTICLE VII	CONDITIONS PRECEDENT	55
7.01	Conditions to Each Partys Obligation to Effect the Merger	55
7.02	Additional Conditions to Obligations of Parent	55
7.03	Additional Conditions to Obligations of the Company	56

ARTICLE VIII	TERMINATION AND AMENDMENT	57
8.01	Termination	57
8.02	Effect of Termination	59
8.03	Amendment	62
8.04	Extension; Waiver	62

ARTICLE IX	GENERAL PROVISIONS	62
9.01	Non-Survival of Representations, Warranties and Agreements	62
9.02	Notices	63
9.03	Interpretation	63
9.04	Maximum Liability	64
9.05	Counterparts	64
9.06	Entire Agreement; No Third Party Beneficiaries	64
9.07	Governing Law	64
9.08	Severability	65
9.09	Assignment	65
9.10	Submission to Jurisdiction; Waivers	65
9.11	Enforcement	65

LIST OF EXHIBITS

Exhibit A Form of Voting Agreement among the Parent, Merger Sub and the Major Shareholders dated as of the date of this Agreement.

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AGREEMENT AND PLAN OF MERGER, dated as of May 17, 2007 (this Agreement), by and among REABLE THERAPEUTICS, INC., a Delaware corporation (Parent), SPARTAN ACQUISITION CORP., a Utah corporation and wholly owned subsidiary of Parent (Merger Sub), and IOMED, INC., a Utah corporation (the Company).

W I T N E S S E T H:

WHEREAS, the Boards of Directors of Parent and the Company deem it advisable and in the best interests of their respective corporations and shareholders that Parent and the Company engage in a business combination in order to advance the long term strategic interests of Parent and the interests of the shareholders of the Company; and

WHEREAS, to effect such business combination, the Boards of Directors of Parent, Merger Sub and the Company have approved and recommended this Agreement and the merger of Merger Sub with and into the Company (the Merger), upon the terms and subject to the conditions set forth herein; and

WHEREAS, concurrently with the execution and delivery of this Agreement, as a condition and inducement to Parents and Merger Subs willingness to enter into this Agreement, Ridgestone Corporation, Peter J. Wardle and Robert J. Lollini (the Major Shareholders) have each entered into a Voting Agreement, dated as of the date of this Agreement, in the form attached hereto as Exhibit A (the Voting Agreement), pursuant to which the Major Shareholders have, among other things, agreed to vote all of the Company Common Shares held by it for the approval of the Merger.

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