GW Plastics merges with NeraTek

GW Plastics announced that it is merging NeraTek Limited into Avenue Mould Solutions, a company GW Plastics recently acquired. NeraTek offers product development, 3D printing, additive manufacturing and prototype design services for medical device and pharmaceutical companies. Based in Sligo, Ireland, the merder will help expand GW Plastics’s product development reach into Europe. Founder and

EQT acquires Clinical Innovations

EQT Mid Market US fund has acquired a majority stake in the company Clinical Innovations. Financial details of the deal were not immediately disclosed. Clinical Innovations recently expanded its product portfolio to serve the neonatal intensive care unit. Headquartered in Salt Lake City, it develops products like the Kiwi vacuum-assisted delivery system and Koala intrauterine

Factory CRO acquires MileStone Research Organization

Factory CRO announced that it has acquired MileStone Research Organization. The financial details of the deal were not disclosed. “The merger with MileStone is an important step in building Factory’s operational strength and service range in North America,” Dirk Meijer, Factory CRO’s CEO, said. “MileStone is an excellent fit therapeutically, as well as culturally, and

PE Firm Genstar Capital acquires TekniPlex

Private equity firm Genstar Capital said this week it acquired advanced product manufacturer TekniPlex for an undisclosed amount. Wayne, Pa.–based Tekni-Plex develops products including medical tubings and compounds, pharma barrier films, dispensing components, closure liners and food packaging, the company said. “We are excited to be partnering with a proven, energetic and action-oriented management team. 

Dynatronics closes Bird & Cronin buy

Dynatronics said early this month it closed its acquisition of orthopedic manufacturer Bird & Cronin after signing an agreement to purchase the company on Sept. 27. Cottonwood Heights, Utah-based Dynatronics also raised a total of $11 million in 2 different funding round, according to an SEC filing, with funds slated to support the acquisition. A

NSF International acquires Prosystem

NSF International recently acquired German medical device consulting firm Prosystem AG, expanding its medical device consulting services into Europe. The company’s acquisition helps expand medical device business into Europe and allows NSF International to meet an increasing demand for medical device consulting, education and training services in Europe. It also allows NSF International’s customers to

NN acquires DRT Medical

NN announced that it has acquired DRT Medical from DRT Holdings. The financial details of the deal were not disclosed. NN is an industrial company that has advanced engineering and production capabilities to design and manufacture high-precision components and assemblies for a number of markets across the globe. The company has 36 facilities across North

4 top medtech stories you need to know in late 2017

The U.S. government continues to create a lot of uncertainty for the medical device industry, but medtech companies are still making some big moves. The frenzy of major mergers continues, which makes sense from an investor standpoint when it comes to reducing risk. Meanwhile, companies from outside the industry – including such high-tech giants as Apple,

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The 10 largest medical device companies in the world

Mergers & acquisitions continue to change the medical device landscape, as reflected in Medical Design & Outsourcing’s new Big 100 list. We pulled financial regulatory filings and reached out to major companies in some cases to create a list of the 100 largest medical device companies in the world, ranked by annual revenue for their

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The 20 Largest Medical Device Companies In the World

When it comes to the largest medical device companies, it’s a changing cast of players – as demonstrated once again in Medical Design & Outsourcing’s latest Big 100 list. We pulled financial regulatory filings and reached out to major companies in some cases to create a list of the 100 largest medical device companies in

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Eastridge Workforce Solutions acquires Operon Resource Management

Eastridge Workforce Solutions (San Diego, Calif.) recently announced that it has acquired Operon Resource Management (Lowell, Mass.). The financial details of the deal were not disclosed. Operon’s medical device recruitment solutions will add on to Eastridge’s history of helping medtech manufacturers with their workforces. The clients from both companies will have access to specialized services that

Webinar: How late 2017 has changed medtech

This webinar was presented live on Wednesday, October 11, 2017. Click below to watch on demand.       When it comes to news out of the U.S. government: one word could sum up what it means for the medical device industry: “uncertainty.” It was true at the start of 2017. And it is even

Resilience Capital Partners creates Innovatus Imaging

Private equity firm Resilience Capital Partners recently announced that one of its funds has acquired three medical device service and manufacturing units, allowing the firm to establish a presence in the healthcare industry. The financial details of the deals were not disclosed. The firm acquired the Multi Vendor Service (MVS) unit of Bayer’s radiology business, Wetsco,

Heraeus Medical Components acquires Biotectix

Heraeus Medical Components is acquiring conductive polymer materials maker Biotectix. The deal, announced yesterday, will allow Heraeus to boost its medical electrode coating capabilities. Better electrode coatings equal better performance of sensing and stimulation electrodes used in diagnostic and therapeutic medical devices. Financial terms of the deal were not disclosed. “We constantly work with our medical

Resonetics acquires Aduro Laser

Resonetics announced that it has acquired Aduro Laser. The financial details of the deal were not disclosed. “We are very excited to partner with Grayson Beck and Demian Backs, who have created raving fans with Aduro’s disruptive business model,” Tom Burns, Resonetics’ CEO, said. “We share a similar culture with an emphasis on innovation, speed