Medline announced today that it confidentially submitted a draft registration to the U.S. SEC related to a proposed initial public offering (IPO). The Northfield, Illinois—based company submitted its Form S-1 to the SEC as it looks to commence an IPO of its common stock. The number of shares and the price range for the proposed […]
medline industries
Medline president and COO is retiring
Medline announced today that President and COO Jim Pigott plans to retire from the company at the end of 2025. In addition to Pigott’s retirement, the company announced promotions for Amanda Laabs and Steve Miller. Laabs, currently EVP, Medline Brand, moves to the post of chief product officer. Miller, currently EVP, Supply Chain, received a […]
The 10 largest medical device companies
Medtronic remains at the top, but Johnson & Johnson MedTech is now a close second in the Medtech Big 100 list of largest medical device companies. Could we see a new No. 1 company in next year’s Medtech Big 100 report? Time will tell. But in the meantime, this year’s edition of Medical Design & […]
FDA issues warning letter to Medline over plastic syringes from China
The FDA followed up on a 2023 warning letter over unauthorized plastic syringes by issuing a warning letter to Medline. In November, the FDA warned of the potential for device failures with plastic syringes manufactured in China. Failures could include leaks, breakage and other problems. The agency said it received information about quality issues associated […]
What are the largest medical device companies?
Medtronic, Johnson & Johnson MedTech and Siemens Healthineers again lead the Medtech Big 100 list of largest medical device companies. However, there is so much more to Medical Design & Outsourcing and MassDevice‘s 2023 edition of the Medtech Big 100 report. We pulled thousands of data points to provide information on annual revenue, R&D spending, […]
Medline is having a leadership transition at the top
Medline announced today that it is promoting from within to fill CEO and president positions opening up at the privately-held medtech giant. Jim Boyle is taking over the corner office at Medline, effective Oct. 1. Boyle has been at Medline since 1996 and has served as EVP since 2018, managing the company’s customer base of […]
Medline Industries signs $140M distribution deal with Bryan Health
Medline Industries today announced it entered a multi-year prime vendor partnership with Nebraska-based Bryan Health to deliver medical supplies. Through the $140 million deal, Medline Industries will exclusively provide an extensive portfolio of essential medical supplies and solutions to Bryan Health’s acute care medical centers. “Medline’s proactive approach facilitated a smooth implementation and the customer […]
The 10 largest medtech employers — and what their employees really think
Employees of the 10 largest medtech employers are happy to be a part of companies having a positive impact on patient populations. That was one major takeaway as MassDevice compiled some current and former employee reviews posted on Glassdoor. Medtronic, Philips and Johnson & Johnson MedTech top the list of largest medtech employers. The 10 […]
What are the largest medical device companies?
Medtronic, Johnson & Johnson MedTech and Siemens Healthineers top the Big 100 list of largest medical device companies by revenue. The 2022 edition of MassDevice and Medical Design & Outsourcing‘s Big 100 report also holds surprises. Big conglomerates are spinning out medtech businesses as stand-alone companies, and that means changes to the list of the […]
Henry Schein hires former Medline veteran to drive ‘One Distribution’ push
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. […]
Medline is spending $1.5B on new distribution centers
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 […]