Viant announced today that it has acquired Meraqi Medical marking the medical device contract manufacturer’s fourth acquisition in two years. Viant said the acquisition of Fremont, Calif.-based Meraqi will expand its range of interventional technologies, bioelectronics and minimally invasive surgical devices. It will also offer a West Coast design and development hub to compliment Viant’s […]
Medical Tubing and Extrusion: Check it out
WTWH Media is pleased to announce the newest media site in its Life Sciences business. Medical Tubing + Extrusion is your go-to source for news about innovations in the medical tubing and extrusion space — and the companies making those advances possible. Part of WTWH Media, the site is a resource of Medical Design & Outsourcing and MassDevice. “In the past […]
Integer Holdings stock up after Q2 earnings beat The Street
Integer Holdings (NYSE:ITGR) stock was up today after reporting second-quarter earnings that beat the consensus forecast on Wall Street, with the company upping its earnings forecast for the rest of the year. The Plano, Texas–based medical device contract manufacturing giant — one of the largest in the world — reported profits of $33.1 million, or […]
The U.S.-China trade war: Here’s what it means for medical device industry suppliers
If the tariffs actually make a country great again, it might be Malaysia, Vietnam or Costa Rica, global medical device industry suppliers say. The U.S.-China trade war is certainly affecting where U.S. medical device companies decide to make their products. But don’t expect a bunch of manufacturing to come back to the United States. “They […]
UnitedCoatings Group picks up CoorsTek Medical
Italian contract manufacturer UnitedCoatings Group said today that it acquired CoorsTek Medical an undisclosed amount. Ft. Worth, Texas-based CoorsTek Medical offers casting, machining and product development services to medical device OEMs. UnitedCoatings, based in Rubbiano, Italy, last year bought NanoSurfaces, CoorsTek Medical’s Italian subsidiary. The deal announced today involves the rest of the CoorsTek Medical […]
Medin Technologies acquires ortho implant manufacturer AMT
Contract manufacturer Medin Technologies (Totowa, N.J.) said today that it has completed the add-on acquisition of orthopedic implant maker Advantage Manufacturing Technologies (AMT) through a newly formed, wholly owned subsidiary named AMT Medical. Medin Technologies designs and manufactures highly engineered, custom-designed sterilization cases and trays for orthopedic OEMs. AMT Medical will continue manufacturing orthopedic implants and will gain an […]
Boston Scientific adds 600 employees in Costa Rica
Boston Scientific (NYSE:BSX) is reportedly hiring 600 people at two of its Costa Rica facilities. The Marlborough, Mass.-based company plans to hire workers with different levels of educational backgrounds, including those with sixth-grade levels of schooling, professional engineering graduates, finance, accounting and other positions. Boston Scientific will hire employees for its La Aurora de Heredia and […]
Establishment Labs buys Costa Rica plant
Establishment Labs Holdings this week purchased a manufacturing facility in Alajuela, Costa Rica for an undisclosed amount. The company executed a deed with Zona Franca El Coyol to complete the purchase of Building 25 in the Coyol Free Zone in Alajuela, Costa Rica. The facility previously opened at the end of 2016 and the company […]
Royal Philips to open R&D center in Rochester, Minn.
Royal Philips is reportedly moving into a new Rochester, Minn. office space. The Amsterdam-based company plans to open an office in the recently opened Med City, 89,000 sq. ft One Discovery Square complex in Rochester, according to Post Bulletin. Get the full story on our sister site, Medical Design & Outsourcing.
8 medical device industry supplier innovations you need to know
Medical device innovation doesn’t just come from startups or big corporate R&D departments. Contract manufacturers and suppliers are increasingly playing a role, too. [Image by Kristopher Roller on Unsplash] Long gone are the days when medical device industry suppliers simply produced or manufactured according to specifications. Companies are increasingly coming up with their own answers […]
Tekni-Plex buys three healthcare packaging plants
Tekni-Plex recently announced that it has completed its purchase of three manufacturing facilities from Amcor’s Flexible Packaging business unit. The facilities are in Madison and Milwaukee, Wis., and Ashland, Mass., and provide sterilizable medical device packaging substrates including coated and uncoated Tyvek, heat-seal and cold-seal coated paper and films, medical grade laminates and die-cut lids and labels. Get the full […]
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