Charles Darwin wrote, “In the long history of humankind (and animal kind, too) those who learned to collaborate and improvise most effectively have prevailed.” Medical device manufacturers get the credit for many innovations, but many need the ingenuity and commitment of contract manufacturers who design and produce the components that make those big splashes possible. […]
Spectrum Plastics Group acquires soon-to-be Adam Spence
Spectrum Plastics Group said today that it has completed its acquisition of Fermatex Vascular Technologies, which is going back to its old Adam Spence name. Financial terms of the deal were not disclosed. Get the full story on our sister site Medical Design & Outsourcing.
How medical device industry suppliers can save their clients money
Count Spectrum Plastics Group (Alpharetta, Ga.) among the medical device industry suppliers adding capabilities and expertise in order to add value to what they provide their customers. Long gone are the days when medtech contract manufacturers simply made orders to spec. As four recent case studies out of Spectrum highlight, it’s all about branching out and finding […]
Why the medtech contract manufacturing M&A trend isn’t slowing down
Consolidation is increasingly shaping the medical device industry, but what about players on the other side of the fence? Medtech contract manufacturing partners to OEMs are seeing their own abundance of M&A as larger players look to expand their influence and keep up with increasing demand. Over the past four years, the medical device industry […]
Here are the top 5 medtech stories of mid-2017
The middle of 2017 is shaping up to be a continued whirlwind of activity for medtech. FDA is getting used to its new leadership but is facing a continued lack of clarity on user fees and UDIs. Industry is seeing a deeper consolidation in medical supplies, exemplified in Cardinal Health’s purchase of patient recovery supplies from […]
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