Nitinol Devices & Components said last week it closed its acquisition of Interface Catheter Solutions and announced it will rebrand the new combined company as Confluent Medical Technologies.
Confluent Medical will leverage both NDC and Interface technologies to expand its relationships with customers in the endovascular, neurovascular, transcatheter heart valve, peripheral vascular, orthopedic and other markets, the company said.
“The acquisition of Interface reflects our commitment to investing in material science technologies that enable us to best serve the medical device community. The NDC-Interface combination is an excellent strategic fit and we are excited to leverage the key talent and technical expertise of the combined companies to provide world class, differentiated products to our customers,” CEO Dean Schauer said in a press release.
The combined company’s portfolio of contract manufactured products will include nitinol components, balloon components, balloon catheter assembly and nitinol core guidewires. Also included in the company’s portfolio are nitinol device design and testing services, balloon catheter design and testing services, balloon manufacturing equipment, nitinol material and extrusion work.
“It has long been a goal of NDC to apply its manufacturing, quality systems and technical expertise beyond Nitinol, broadening the manufacturing and outsourcing solutions we can offer to customers. The exceptional technical strength of Interface with polymers, catheters and balloons provides the perfect opportunity to accomplish just that,” CTO Tom Duerig said in a prepared statement.