Zeus has hired Padraic “Paddy” O’Brien as CEO from Becton, Dickinson and Co. effective April 1, the medical tubing supplier said today. O’Brien is worldwide president of BD Peripheral Intervention, where he “developed an extensive and consistent track record of delivering durable, sustainable growth while creating a winning culture,” Zeus said … [Read more...] about Zeus hires new CEO from Becton Dickinson
Tubing Components
Zeus sale to private equity firm EQT closes
Zeus is officially under new ownership after private equity firm EQT closed on its acquisition of the medical tubing supplier. “Today marks the start of a new chapter for our company, and we’re excited to share this update with you,” Zeus said in an email to “industry partners” announcing the deal’s finalization. “We believe this partnership … [Read more...] about Zeus sale to private equity firm EQT closes
Zeus owners are selling to private equity
The EQT X fund will become the owner of medical tubing tech provider Zeus under an agreement announced today. Financial terms of the acquisition were not disclosed. Bloomberg reported that the deal values the company at $3.4 billion, citing "people with knowledge of the matter." The transaction is expected to close in Q1 2024, subject to … [Read more...] about Zeus owners are selling to private equity
Keystone Medical Technologies opens new manufacturing facility
NEWS RELEASE: Keystone Medical Technologies Opens New Manufacturing Facility in Chattanooga, Tenn. New facility doubles footprint; focuses on filmcast tubing including polyimide & PTFE SOMERSET, Wis., Dec. 5, 2023 – Keystone Medical Technologies Inc., a manufacturer of custom tubing solutions for the medical device industry, recently … [Read more...] about Keystone Medical Technologies opens new manufacturing facility
Nordson Medical expands Pennsylvania operations
NEWS RELEASE: Nordson Medical expands Easton, Pennsylvania operations into an additional facility Easton, Pennsylvania – November 29, 2023 – Nordson Medical, a global leader in the medical device components industry, is expanding its Easton, Pennsylvania operations into an additional facility less than two miles away. This expansion will allow an … [Read more...] about Nordson Medical expands Pennsylvania operations
TekniPlex Healthcare expands Costa Rica facility
NEWS RELEASE: TekniPlex Healthcare Celebrates Costa Rica Facility Expansion with Ribbon-Cutting Event The 55,000-sq-ft expansion includes new medical tubing extrusion equipment, as well as additional room for warehousing and assembly operations. Wayne, PA – TekniPlex Healthcare, which utilizes advanced materials science expertise to help … [Read more...] about TekniPlex Healthcare expands Costa Rica facility
Biomerics completes expansion in Minnesota
NEWS RELEASE: Biomerics announces completion of 100,000 ft² expansion of Brooklyn Park, Minnesota, facility Salt Lake City (Sept. 22, 2023 ) – Biomerics , the leading vertically integrated medical device contract manufacturer in the interventional device market, announced the completion of a 100,000 ft² expansion of its operations in Brooklyn … [Read more...] about Biomerics completes expansion in Minnesota
FDA grants IDE to EnCompass for cerebral embolic protection system in TAVR procedures
EnCompass Technologies announced today that it received FDA investigational device exemption for its F2 cerebral embolic protection system. The conditional IDE enables a study of the F2 system for protecting patients from brain injury during cardiovascular procedures. According to a news release, all cardiovascular procedures cause the … [Read more...] about FDA grants IDE to EnCompass for cerebral embolic protection system in TAVR procedures
Zeus launches next-gen tubing for bioresorbable vascular scaffolds
Zeus announced today that it launched the newest member of its family of bioabsorbable products: Absorv XSE oriented tubing. Orangeburg, South Carolina-based Zeus designed Absorv XSE as a highly customizable platform for design. Available in a variety of resins and expanded size ranges, it offers an alternative to metallic products … [Read more...] about Zeus launches next-gen tubing for bioresorbable vascular scaffolds
Two-armed surgical robot prototype targets pediatric brain tumors
Researchers say they've developed a surgical robot for removing brain tumors in children, and that it could also offer a less invasive, safer option for adult neurosurgery and other procedures. The trick is using hollow, nitinol robot arms to allow neurosurgeons to swap tools during a tumor resection procedure, said Pierre DuPont. He's the chief … [Read more...] about Two-armed surgical robot prototype targets pediatric brain tumors