Medical Design and Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Contract Manufacturing
  • Med Tech Resources
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • Suppliers
    • The Big 100
      • Archive – The Big 100 (2018)
    • Webinars
    • Whitepapers
    • Video
  • Leadership
    • Women in Medtech
    • 2020 Winners
    • 2019 Winners

BVI acquires material supplier Benz R&D

November 6, 2020 By Nancy Crotti

Ophthalmology device manufacturer BVI (Waltham, Mass.) recently announced it has acquired Benz Research & Development and its customized contact lens subsidiary, SpecialEyes, both based in Sarasota, Florida.

A supplier of materials for BVI’s PhysIOL lens products, Benz specializes in molding hydrophobic and hydrophilic acrylic intraocular lenses (IOLs) with tight, nanometer tolerances. It is also one of only a few suppliers of raw materials for IOL production. Benz will continue to supply its materials to its customers following this deal, according to the companies.

The acquisition marks a period of significant expansion for BVI.

“Adding Benz to our company is quite strategic for BVI as it brings us world-class lens material capabilities,” said BVI president & CEO Shervin Korangy in a news release. “Furthermore, the proprietary IOL molding technology will allow us to increase materially the scale of our IOL production.”

“This deal marries the industry’s leading optical design and IOL platform with the industry’s best IOL material and production technology,” added Benz R&D founder and CEO Patrick Benz. “Benz has supplied PhysIOL lens production for many years, so we know what we are getting into. BVI’s vision of the future is incredibly exciting and will allow us to bring our technology to the next level.”

The financial terms of the deal were not disclosed.

Related Articles Read More >

Covestro tests plastics against high-strength hospital disinfectants
These medtech stocks performed the best in 2020
Integer expands N.Y. battery plant
Diversified Plastics adds high-efficiency vertical presses

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.

MDO Digital Edition

Digital Edition

Subscribe to Medical Design & Outsourcing. Bookmark, share and interact with the leading medical design engineering magazine today.

DeviceTalks

DeviceTalks is a conversation among medical technology leaders. It's events, podcasts, webinars and one-on-one exchanges of ideas & insights.

DeviceTalks

New MedTech Resource

Medical Tubing

Enewsletter Subscriptions

Tweets by MedTechDaily

MassDevice

Mass Device

The Medical Device Business Journal. MassDevice is the leading medical device news business journal telling the stories of the devices that save lives.

Visit Website
MDO ad
Medical Design and Outsourcing
  • MassDevice
  • DeviceTalks
  • Drug Delivery Business News
  • Medical Tubing + Extrusion
  • About Us/Contact
  • Advertising
  • Subscribe to Enewsletter
  • Subscribe to Print Magazine

Copyright © 2021 WTWH Media, LLC. All Rights Reserved. Site Map | Privacy Policy | RSS

Search Medical Design & Outsourcing

  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • Contract Manufacturing
  • Med Tech Resources
    • DeviceTalks Tuesdays
    • Digital Editions
    • eBooks
    • Manufacturer Search
    • Medical Device Handbook
    • MedTech 100 Index
    • Podcasts
    • Print Subscription
    • Suppliers
    • The Big 100
      • Archive – The Big 100 (2018)
    • Webinars
    • Whitepapers
    • Video
  • Leadership
    • Women in Medtech
    • 2020 Winners
    • 2019 Winners