Helix Medical and its owned subsidiary MedVenture Technologies said today they will now operate under the umbrella brand of Freudenberg Medical. The Carpinteria, Calif.-based business group said it hopes the new brand will emphasize the company’s role as a global development and innovation partner, according to a press release. “Since we selected Helix Medical as […]
Mark Bonifacio, founder of the medical device contract manufacturer APEC and an industry consultant, said medtech companies shouldn’t be concerned about the medical device tax that’s part of the Affordable Care Act.
Massachusetts-based global medical device maker Helix Medical enhanced its product portfolio with the acquisition of Kentucky device manufacturer MedVenture Technology Corp., which makes surgical and catheter-based devices for medical device companies.
Helix Medical bought MedVenture from Ampersand Capital Partners, a Boston-based private equity firm with a focus on middle market growth equity investments in the healthcare sector, according to the press release. The financial terms of the deal weren’t released to the public.