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medline industries

Henry Schein hires former Medline veteran to drive ‘One Distribution’ push

May 17, 2022 By Jim Hammerand

Henry Schein (Nasdaq:HSIC) today named Dirk Benson as VP and chief commercial officer of the medical device manufacturer and distributor’s North America Distribution Group (NADG). Melville, New York-based Henry Schein is the world’s largest provider of health care supplies and services for office-based dental and medical practitioners, and NADG is the company’s largest business group. […]

Filed Under: Blog, Business/Financial News, Contract Manufacturing, Dental, News Well Tagged With: Henry Schein, medline industries, Medline Industries Inc.

Medline is spending $1.5B on new distribution centers

December 22, 2021 By Sean Whooley

Medline announced that it opened five newly constructed distribution centers this year and plans to complete two more in 2022. Northfield, Illinois-based Medline said yesterday that it opened the latest LEED-certified distribution center — set to be fully operational in the first quarter of 2022 — in Richmond Hill, Georgia. The new Georgia facility is […]

Filed Under: Business/Financial News, Contract Manufacturing, Distribution, Featured, News Well Tagged With: medline industries

The 100 largest medical device companies in the world

November 15, 2021 By Chris Newmarker

Nearly half a trillion dollars — $421 billion to be exact — that’s how much the world’s 100 largest medical device companies brought in over the past year amid the COVID-19 pandemic. That’s one of the big takeaways from the Big 100, MassDevice and Medical Design & Outsourcing‘s annual analysis of the worlds’ 100 largest medtech companies. (Check […]

Filed Under: Business/Financial News, Featured Tagged With: 3m, Big 100, Cardinal Health, danaher, EssilorLuxottica, GE Healthcare, Hologic, Johnson & Johnson, medline industries, Medtronic, Philips, Siemens Healthineers, Stryker

MedTech 100 roundup: Significant uptick for industry

June 14, 2021 By Sean Whooley

The up-and-down nature of the medtech industry continues to carry through 2021, with a recent dip now followed by a rapid ascent. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished the week (June 11) at 109.63 points, producing a 2.5% rise from the 106.96-point mark set one […]

Filed Under: Business/Financial News, Featured, Funding Roundup, Initial Public Offering (IPO), MassDevice Earnings Roundup, Mergers & Acquisitions, Wall Street Beat Tagged With: Amazon, BD, CVRx Inc., Inogen, medline industries, MedTech 100 Index, Medtronic

Private equity firms making majority investment in Medline

June 8, 2021 By Chris Newmarker

Medline Industries will stay a privately-held, family-run medtech giant after a majority investment from private equity firms. Blackstone, Carlyle and Hellman & Friedman are making the investment in Medline, which media reports peg at $34 billion. Get the full story on our sister site Medical Design & Outsourcing. 

Filed Under: Business/Financial News, Featured, Funding Roundup, Mergers & Acquisitions Tagged With: Carlyle Group, Hellman & Friedman, medline industries, Medline Industries Inc., The Blackstone Group LP

Medline, Sterigenics failed to report EtO emissions to EPA, report says

May 18, 2021 By Nancy Crotti

Two companies that use ethylene oxide (EtO) to sterilize medical devices failed to report emissions of the toxic gas to the U.S. Environmental Protection Agency, according to a report by the Chicago Tribune. Medline Industries and Sterigenics, both headquartered in Illinois, have also operated medtech sterilization operations in the state. Medline continues to do so, and Sterigenics decided in September 2019 not to […]

Filed Under: Business/Financial News, Featured, Regulatory/Compliance, Sterilization / Calibration Tagged With: EPA, ethylene oxide, medline industries, sterigenics

Medline Industries up for sale?

April 14, 2021 By Nancy Crotti

Medline Industries is looking for a buyer in a deal that could be worth $30 billion, according to a report in the Wall Street Journal. The Journal cites “people familiar with the matter” saying that Northfield, Ill.-based Medline has hired Goldman Sachs to manage the process. The people added that the company may alternatively seek to go […]

Filed Under: Business/Financial News, Distribution, Featured, Mergers & Acquisitions Tagged With: medline industries

8 medical device companies that beat the COVID-19 pandemic and prospered

March 29, 2021 By Danielle Kirsh

Some medical device businesses not only survived the COVID-19 pandemic but actually thrived — with many producing the medtech needed to fight the coronavirus’s spread. Medical Design & Outsourcing recently analyzed financials for 20 of the largest medical device businesses in the world. Not only was revenue only slightly down for the 20 during 2020, but it was […]

Filed Under: Cardiac Implants, Cardiovascular, Catheters, Dental, Diagnostics, Endoscopic, Featured, Hospital Care, Imaging, Implants, Neuromodulation/Neurostimulation, Orthopedics, Replacement Heart Valves, Research & Development, Structural Heart Tagged With: 3m, Abbott, Alcon, Align Technology, Baxter, Big 100, Boston Scientific, coronavirus, COVID-19, danaher, Dentsply Sirona, Edwards Lifesciences, gehealthcare, Henry Schein, Intuitive Surgical, Johnson & Johnson, medline industries, Owens & Minor, Royal Philips, Smith+Nephew, Stryker, Teleflex, Zimmer Biomet

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