Vention Medical said today that it acquired Israeli nitinol wire component maker Lithotech Medical. The acquisition grows Vention’s portfolio of advanced components and tech for the development and manufacturing of medical devices.
“Partnering with this talented group of nitinol experts expands our portfolio of advanced components and technologies as well as our applications expertise,” Tom Testa, president of Vention’s advanced technologies business, said in prepared remarks. “Together, we can further provide more leading-edge technologies to advance our customers’ medical device innovations faster and more cost effectively.”
With its acquisition, South Plainfield, N.J.-based Vention will be able to supply discrete nitinol components and integrate nitinol into customers’ design and development projects.
Earlier this month, Vention Medical expanded its extrusion offerings to their online store, offering 25 new and different configurations of PEEK extrusion tubing.
The company offers 30 different sizes of extrusion tubing, with PEEK’s extrusion sizes ranging from 0.5 FR to 13 FR, an OD of 0.051 mm to 4.267 mm and wall thickness ranging from 0.424 mm to 4.26 mm. Customers can order custom sizes to fit particular extrusion specifications.
Polyetheretherketone (PEEK) is light, strong and thermoplastic polymer that has excellent strength and heat endurance, enabling the polymer to replace metal in several medical applications, including high-temperature sterilization. The material is low-friction and is a popular choice for catheter-based applications.
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