Integer (NYSE:ITGR) posted second-quarter results today that beat the overall consensus forecast on Wall Street. The Plano, Texas–based medical device outsource manufacturer reported profits of $20.8 million, or 62¢ per share, on sales of $350 million for the three months ended July 1, for a bottom-line slide of 29.2% on sales growth of 12.2% compared with […]
aran biomedical
Integer buys Aran Biomedical for $131.1 million
Integer (NYSE:ITGR) announced today that it acquired Connemara Biomedical and its subsidiaries Aran Biomedical and Proxy Biomedical (collectively “Aran”). Aran offers development and manufacturing solutions for implantable medical devices, including proprietary medical textiles, high-precision biomaterial coverings and coatings, and advanced metal and polymer braiding. Get the full story at our sister site, Medical Design & Outsourcing.
Proxy Biomedical rebrands as Aran Biomedical
Proxy Biomedical said today it will now operate under the new group company and brand Aran Biomedical. The Galway, Ireland-based company said the new identity is part of a rebranding and restructuring strategy “to position the company in line with the broader range of capabilities now servicing key growth markets of cardiovascular, general surgery and […]