The recent shutdown of a Sterigenics medical device sterilization plant in Willowbrook, Ill. has affected medtech giants such as Becton Dickinson (NYSE:BDX), Boston Scientific (NYSE:BSX), Medtronic (NYSE:MDT), Smith & Nephew (NYSE:SNN) and Stryker (NYSE:SYK), according to an FDA list of devices processed at the sterilization plant. Medium-sized and smaller firms, including Teleflex (NYSE:TFX), Arthrex and ArthroCare also had devices processed there. The Willowbrook plant sterilized 594 types of devices, including sutures, clamps, […]
Another medtech sterilization plant will close in 2019
A second medical device sterilization plant is slated to close this year, prompting the FDA and medtech manufacturers to scramble for replacements. The FDA warned on March 1 about a potential medical device shortage due to the recent shutdown of a Sterigenics plant in Willowbrook, Ill. linked to emissions of the highly carcinogenic chemical compound ethylene oxide. […]
Thermo Fisher to drop $1.7B on gene therapy maker Brammer Bio
Thermo Fisher (NYSE:TMO) said today that it will acquire gene and cell therapy manufacturer Brammer Bio for $1.7 billion in cash. Brammer Bio is a viral vector contract developer and manufacturer of gene therapies and gene-modified cell therapies for biopharma customers. The Cambridge, Mass.-based business has nearly 600 employees at primary locations in Massachusetts and Alachua, Fla. Get […]
10 MD&M West exhibitors you need to know
More than 20,000 engineers and executives are expected to gather and network for the annual MD&M West – one of the largest annual medical device manufacturing events. MD&M West takes place at the Anaheim Convention Center in Anaheim, Calif., Feb. 5–7, and houses an array of industry suppliers showcasing their latest technologies and manufacturing advancements. Think medical device packaging, […]
Spectralytics invites customers to ‘camp out’ at new development center
Spectralytics has completed a dedicated product development center in Maple Plain, Minn. to speed delivery of prototypes to customers and free up the production lines in its other facilities. Spectralytics’ two existing plants in Dassel, Minn., 55 miles west of the Twin Cities, offer laser cutting, welding, drilling, ablation, marking, electropolishing, assembly, and engineering services […]
10 BIOMEDevice Boston exhibitors you need to know
BIOMEDevice Boston is an opportunity for more than 4,000 engineers and executives and 400 suppliers in New England’s design and manufacturing industry to connect and network. The annual event is being held at the Boston Convention and Exhibition Center, April 18-19. Hundreds of supplier booths will be showcasing their latest technologies and capabilities. Here are 10 […]
How medical device industry suppliers can save their clients money
Count Spectrum Plastics Group (Alpharetta, Ga.) among the medical device industry suppliers adding capabilities and expertise in order to add value to what they provide their customers. Long gone are the days when medtech contract manufacturers simply made orders to spec. As four recent case studies out of Spectrum highlight, it’s all about branching out and finding […]
Protolabs to open new Twin Cities plant
Quick-turn manufacturer Protolabs (NYSE: PRLB) plans to have a new plant opened by the end of the year in the northern Minneapolis suburb of Brooklyn Park. Protolabs announced the purchase of the 152,000-square-foot facility on March 16. Financial terms of the deal were not disclosed, but county property records show the building was last sold […]
These trends have made medical device manufacturing what it is today
About 10 years ago, there were a number of notable trends and market forces which began to, once again, change how the medical device manufacturing sector brought its products to market. They’re still shaping the market we have today. Andrew Potter, Bonifacio Consulting Services, and Chris Delporte Perhaps the true measure of a forward-thinking industry […]
Icon reports more expectation-beating results
Medtech, pharma and biotech development outsourcer Icon continues to beat the Street when it comes to its results. Dublin, Ireland–based Icon (Nasdaq:ICLR) said today that it earned $78.5 million, or $1.43 per share, off $455.1 million in sales for the fourth quarter ended Dec. 31, 2017 – up from $74.3 million, or $1.33 per share, in […]
Integer Holdings: What you need to know
Greatbatch and Lake Region Medical merged nearly two years ago to become Integer Holdings Co., a giant medical device contract manufacturer that could theoretically do almost anything for an OEM. But can this colossus of a company execute on its expanded capabilities? When Greatbatch and Lake Region Medical merged in 2015, company officials decided they […]
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