Medtech development is hard. Medical device creation can require manufacturing know-how in areas as wide-ranging as electrical components, high-performance polymers, molding and machining – and that doesn’t even include the required expertise in design, regulatory requirements and achieving reimbursement. The good news is that the companies serving the medical device industry have become specialized experts. […]
Outsourcing
Vietnam’s Vingroup to supply ventilator parts to Medtronic
When Medtronic (NYSE:MDT) announced in April that it had tapped Foxconn to manufacture ventilators at the Chinese company’s Wisconsin plant, then-Medtronic CEO Omar Ishrak said that Medtronic is also working with “major players” in Asia to expedite ventilator production. This week, Vietnam’s largest conglomerate, Vingroup, announced that it had inked a deal for two of its companies — […]
COVID-19 lessons learned: 2 manufacturers, a healthcare system and a logistics company share their wisdom
The COVID-19 pandemic put medtech contract manufacturers, OEMs, distributors and healthcare providers in situations for which they were unprepared, particularly with their supply chains. What they learned will undoubtedly help them all going forward, especially if the world faces a second wave or another novel virus. Here are some supply chain lessons learned by a […]
UPDATE: Medtech contract manufacturers make it work during a pandemic
From coping with wild fluctuations in demand to keeping workers safe and customers satisfied, these medical device industry suppliers have managed to adapt amid COVID-19 and an uncharted business environment. Medical device contract manufacturers are finding ways to keep business going during the coronavirus pandemic. Medical Design & Outsourcing recently conducted another round of an informal survey of […]
Tesla to reopen New York facility to manufacture Medtronic ventilators
Tesla announced that it would reopen its New York production facility to manufacture medical devices instead of solar panels to assist Medtronic (NYSE:MDT) in producing ventilators, according to the Minneapolis/St. Paul Business Journal. Medtronic CEO Omar Ishrak said in a CNBC interview that the Fridley, Minn.-based company would ramp up ventilator production and is currently making […]
Integer expands to Israel
Integer Holdings (NYSE:ITGR) today announced it has acquired medtech manufacturer Inomec, formally establishing its presence in Israel. The Plano, Texas-based company said the acquisition will enable it to create an R&D and sales center in the region and adds important catheter design, clinical and pilot manufacturing capabilities to its portfolio. “Acquiring Inomec strengthens our research and development […]
MD&M West exhibitors you need to know
MD&M West — set for Feb. 11-13, 2020 — is billed as the largest medical device manufacturing event in the world. Now in its 35th year, it showcases hundreds of industry suppliers and attracts thousands of medical device industry insiders. Strolling around the show floor at the Anaheim Convention Center, in Anaheim, Calif., visitors will see […]
DeviceTalks Minnesota 2019: Exhibitor insights you need to know
There were a host of medtech insights to be gained on the exhibitor floor of DeviceTalks Minnesota in September, from LVAD innovations at Abbott to cybersecurity tips from Green Hills Software to Xometry’s use of AI to help device makers secure better 3D printing and other manufacturing processes. Check out what editor Chris Newmarker discovered […]
Millstone Medical Outsourcing expanding in Massachusetts
Millstone Medical Outsourcing has broken ground on a 56,385-square-foot facility at its Fall River, Mass. headquarters campus. The new building, with planned completion in the second quarter of 2020, will expand Millstone’s headquarters campus to a total of 124,367 square feet of production space, including the company’s existing 15,000 square feet of class 10,000/ISO7-rated cleanroom […]
U.S. exempts more Chinese medtech products from tariffs
The U.S. has exempted another 18 medical devices or device components from the 25% tariffs imposed on Chinese goods by the Trump administration. The new list includes ultrasound, X-ray, MRI and infusion equipment. The Office of the U.S. Trade Representative (USTR) said the new exclusions are retroactive to August 23, 2018, when additional tariffs went […]
Varian wins tariff exclusion for radiotherapy components
Varian Medical (NYSE:VAR) today said the U.S. Trade Representative granted exclusion of its radiotherapy system components from China in the latest tariffs. Palo Alto, Calif.-based Varian said components sourced from China for its linear accelerators manufactured in the U.S. were granted exemption from Section 301 of the tariffs. The exemption took place on Sept. 20. “We […]
