A top Abbott executive explains how the company's FlexNav delivery system could make the Portico TAVR competitive. Abbott is aiming to claw away market share from transcatheter aortic valve replacement pioneers Edwards Lifesciences and Medtronic. The Abbott Park, Illinois–based medtech company in September announced FDA approval of its Portico … [Read more...] about Abbott sees the delivery system as a differentiator for its TAVR
Argon Medical Devices acquires Matrex Mold and Tool
Argon Medical Devices — maker of devices for interventional procedures — announced today that it has bought plastic injection molding provider Matrex Mold and Tool. The financial terms of the deal were not disclosed. Frisco, Texas–based Argon has been a customer of Wisconsin-based Matrex for more than 25 years. Argon officials said the merger … [Read more...] about Argon Medical Devices acquires Matrex Mold and Tool
Philips to buy Vesper Medical and its advanced venous stent portfolio
Royal Philips announced today that it will acquire Vesper Medical, a Wayne, Pennsylvania–based maker of minimally-invasive peripheral vascular devices. The financial terms of the deal were not disclosed. The purchase will enable the Dutch medtech giant to expand its diagnostic and therapeutic devices portfolio with advanced venous stents. The … [Read more...] about Philips to buy Vesper Medical and its advanced venous stent portfolio
Medtronic says study results show alternative spine procedures could reduce opioid use
Medtronic (NYSE: MDT) says a study shows its balloon kyphoplasty (BKP) and vertebroplasty (VP) technology could eliminate opioid use among many with spinal fractures. The medical device giant sponsored a retrospective claims analysis of a large, nationally representative insurance claims database. The results — recently published in Osteoporosis … [Read more...] about Medtronic says study results show alternative spine procedures could reduce opioid use
Integer completes $220M Oscor acquisition
Integer Holdings (NYSE: ITGR) announced today that it has completed its purchase of Oscor — a deal that expands the capabilities of what was already one of the world's largest medtech contract manufacturers. Integer said the acquisition would cost $220 million when it first announced its plans in October. Oscor is the creator and marketer of … [Read more...] about Integer completes $220M Oscor acquisition
ICU Medical’s Smiths Medical acquisition remains on track
ICU Medical (NASDAQ:ICUI) is a step closer to acquiring Smiths Medical after clearing a shareholders vote at Smiths' British parent company, the Smiths Group. Almost all of the nearly 327 million Smiths Group shareholders voting on November 17 approved the $2.35 billion buy. Run out of the Minneapolis area, Smiths Medical’s business brings in … [Read more...] about ICU Medical’s Smiths Medical acquisition remains on track
Confluent Medical Technologies opens new tubing center in Tennessee
Confluent Medical Technologies (Scottsdale, Arizona) has expanded its polymer tubing capabilities by opening a new High Precision Polymer Tubing center of excellence. The Chattanooga, Tennessee facility opened in August. Its capabilities include PTFE liners with optional tie layers, polyimide tubing, multi-layer composite tubing (braided and … [Read more...] about Confluent Medical Technologies opens new tubing center in Tennessee
Schott expands Chinese glass tubing plant
Schott recently announced that it has completed the next expansion stage at its pharmaceutical glass tubing site in Jinyun, China. The company completed construction at the site in just 15 months despite the COVID-19 pandemic, with production starting in November 2020. The plant is meant to create a solid production base for high-quality … [Read more...] about Schott expands Chinese glass tubing plant
Catheter & Medical Design and VitalDyne Medical rebrand as VitalPath
Catheter & Medical Design and VitalDyne Medical — makers of complex medical catheter systems — have rebranded under the name VitalPath. The move comes about five months after CMD's March 2021 acquisition of VitalDyne. “After joining forces with VitalDyne, we wanted to develop a name that would represent our shared energy around our … [Read more...] about Catheter & Medical Design and VitalDyne Medical rebrand as VitalPath
Catheter & Medical Design announces business development hires
Complex catheter systems creator Catheter & Medical Design (Roseville, Minn.) recently announced it's hired two industry experts into business development roles. Rich Abraham is CMD’s new East Coast business development director. Abraham founded TDC Medical in 2004. After the sale of TDC Medical to Vention in 2009, Abraham served as business … [Read more...] about Catheter & Medical Design announces business development hires
