Thomas Renner, Catalyst Marketing Communications When engineers at SoftWheel set about re-inventing the wheel, the team at the Israel-based company studied their product from the inside out. The result is a much smoother ride for wheelchair patients, with applications for bicycles, automobiles and even planes on the long-term horizon. The technology behind SoftWheels for wheelchair patients
Spectrum Plastics Group acquires soon-to-be Adam Spence
May 25, 2018 By Leave a Comment
Spectrum Plastics Group said today that it has completed its acquisition of Fermatex Vascular Technologies, which is going back to its old Adam Spence name. Financial terms of the deal were not disclosed. The soon-to-be Adam Spence Vascular Technologies has roughly 100 people working out of two adjoining manufacturing facilities encompassing 54,000 square feet in Wall, N.J.
Nortech Systems expands China manufacturing facility
May 24, 2018 By Leave a Comment
Nortech Systems recently announced that it is expanding its Suzhou, China manufacturing space. The new manufacturing space will be 15,000 sq. ft bigger than it currently is and will still offer Nortech Systems’s full-service electrical manufacturing services. This expansion comes after the Maple Grove, Minn.-based company expanded its Mexico operations in February by building a new
Fermatex returning to familiar Adam Spence name
May 23, 2018 By Leave a Comment
Fermatex Vascular Technologies (Wall, N.J.) — formerly WL Gore Jersey Shore and most notably Adam Spence — said today that it is rebranding back to the Adam Spence name. The name change will be effective June 4. Company officials said that going back to the Adam Spence name will help the company benefit from Adam Spence’s
How SABIC helped develop a non-drug migraine treatment
May 22, 2018 By Leave a Comment
SABIC recently helped eNeura develop a clinically proven, non-drug option for preventing and treating migraine headaches. The sTMS mini from eNeura is a portable delivery system for single-pulse, transcranial magnetic stimulation. It’s prescribed by a physician. FDA cleared the sTMS mini for migraine prevention in 2017. SABIC’s polycarbonate copolymer Lexan was chosen as the housing of
4 ways medtech contractors are evolving (and why)
May 21, 2018 By Leave a Comment
The present and near future for medtech contractors will rely on specific strategies such as tiered partnerships and consolidation, an emphasis on speed, and owning therapeutic and technology spaces. Andrew Potter, Bonifacio Consulting Services, and Christopher Delporte In the first article in this series, we examined some of the important trends during the last 10–15 years
High-volume manufacturing: Essential points to consider before you scale up
May 21, 2018 By Leave a Comment
High-volume manufacturing typically involves the introduction of automation into the medical device fabrication and assembly process. A number of benefits usually follow: repeatability, heightened quality and lower (and more predictable) long-term costs of operation. Download the B. Braun Medical white paper.
Triton to sell Aventics company to Emerson
May 18, 2018 By Leave a Comment
Triton recently announced that it plants to sell its Aventics pneumatics company to Emerson. The financial details of the deal were not disclosed. Emerson and Triton recently came to an agreement and the transaction is in progress, starting with the regulatory approval process that is currently underway. Aventics serves the life sciences industry by providing
Integer to deal surgical, orthopedics assets to MedPlast for $600m
May 4, 2018 By Leave a Comment
Integer Holdings (NYSE:ITGR) plans to sell its advanced surgical and orthopedic assets to MedPlast for $600 million in a deal that will double MedPlast’s top line and bolster the balance sheet for Integer, which missed expectations with its first-quarter earnings. Proceeds from the all-cash deal, announced yesterday and expected to close during the third quarter, are
Thermoformers Tru-Form Plastics and InterTrade ink merger deal
May 3, 2018 By Leave a Comment
Thermoforming groups Tru-Form Plastics and InterTrade Industries plan to merge, looking to operate under the new moniker of Tru-Form Plastics, an InterTrade Industries Co. Gardena, Calif.–based Tru-Form Plastics said late last month that the combination will help support both businesses by adding additional customer service, sales team and engineering members, as well as 14 additional
Zeus appoints Steve Peterson as president
May 2, 2018 By Leave a Comment
Zeus (Orangeburg, S.C.) recently announced that it has appointed Steve Peterson as the company’s new president. The appointment took effect on May 1. Peterson recently served as the global head of marketing and sales, as well as senior VP at the company. He will continue to report to Zeus’s CEO as he transitions into the role
MW Industries acquires medical-component maker LaVezzi Precision
April 24, 2018 By
MW Industries, a provider of highly engineered springs, specialty fasteners, machined parts, and other precision components, has acquired LaVezzi Precision Inc. — manufacturer of precision-machined components used by the medical-device industry. Located in Bloomingdale, Ill., LaVezzi was founded more than 100 years ago as a manufacturer of components for motion-picture projectors. The company reinvented itself in…
Cadence snapped up by private equity firm Kohlberg & Co.
April 18, 2018 By Leave a Comment
Officials at high-precision components and finished devices maker Cadence are selling the Staunton, Va.–based company to private equity outfit Kohlberg & Co. Financial terms of the definitive agreement, announced yesterday, were not disclosed. Cadence makes components and devices for advanced surgical and specialty industrial applications. Cadence CEO Alan Connor will continue to lead the company, and
TT Electonics wraps up acquisition of Stadium Group
April 18, 2018 By Leave a Comment
TT Electronics (Woking, U.K.) said today that it has completed its purchase of Stadium Group, a Reading, U.K.–based supplier of connectivity products and services, power supplies, human-machine interface (HMI) and electronic assemblies. Financial terms of the deal were not disclosed. Stadium products are used in applications including medical equipment, smart home, industrial robotics and aircraft cabin controls
10 BIOMEDevice Boston exhibitors you need to know
April 17, 2018 By Leave a Comment
Updated April 20, 2018 BIOMEDevice Boston provides an opportunity for more than 4,000 engineers and executives and 400 suppliers in New England’s design and manufacturing industry to connect and network. The annual event was held at the Boston Convention and Exhibition Center, April 18-19. Hundreds of medical device industry suppliers showcased their latest technologies and capabilities.
