Drug delivery devices constitute one of the most rapidly growing segments of the medical device manufacturing market. Makers focus substantial R&D efforts on designing delivery mechanisms for new and existing drug formulations. However, even good initial designs can’t guarantee that all the parts for these devices can be manufactured correctly and assembled consistently, with few […]
Precision Engineered Products
Symmetry Medical COO Chris Huntington steps down | Personnel Moves
Symmetry Medical (NYSE:SMA) said its chief operating officer Chris Huntington has left the company. Huntington founded Everest Metal Orthopedics and joined Symmetry amid a 2006 merger. He was promoted within Symmetry from his initial position as VP of business development.
NuVasive closes Impulse Monitoring deal | Acquisitions Roundup
NuVasive (NSDQ:NUVA) closed its $80 million pickup of Impulse Monitoring Inc. last week, according to a filing with the federal Securities & Exchange Commission.
The deal, which closed Oct. 7, saw IMI’s shareholders receive nearly $40.5 million in cash and more than 2.3 million shares of NuVasive common stock with an aggregate value of about $40.5 million (per NUVA’s Oct. 6 closing share price of $17.32).
