Privately-held biotech Dance Biopharm and Phillips-Medisize have entered into a joint development deal for a connected drug-delivery device for inhaled insulin. The agreement gives Phillips-Medisize, which already designs and manufactures devices for Dance, the development work for future enhancements of Dance’s devices, as well as commercial manufacturing of the inhaled insulin delivery device when it gets to the market. […]
Consolidation is increasingly shaping the medical device industry, but what about players on the other side of the fence? Medtech contract manufacturing partners to OEMs are seeing their own abundance of M&A as larger players look to expand their influence and keep up with increasing demand. Over the past four years, the medical device industry […]
Bill Welch, Phillips-Medisize The estimated number of connected medical devices – devices connected to the Internet –is expected to increase from 10 billion to 50 billion over the next decade, according to the IBM Institute for Business Value. This is due to the ability for machine-to-machine communication through cloud computing and networks of data-gathering sensors, […]
Phillips-Medisize said today that it plans to open an 80,000 square foot drug delivery manufacturing facility at its Menomonie, Wisconsin campus. The facility, which is expected to open in 2017, will manufacture high volume, prefilled drug delivery systems. It will employ at least 100 people, the company said, and is funded by the signing of […]
Electronics developer and interconnected solutions company Molex said today it is buying Phillips-Medisize for an undisclosed amount, with an expected closing date in the fall. Hudson, Wisc.-based Phillips-Medisize is an outsource provider for design of medical devices and diagnostics, drug delivery products and primary pharmaceutical packaging, Molex said. Currently, Phillips-Medisize operates as a portfolio company of […]
Phillips-Medisize said today it bought drug-delivery device focused device strategy, product design and development service group Medicom Innovation Partner for an undisclosed amount. Read the full story at our sister site, Medical Design & Outsourcing.