Medical Device Manufacturing

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BD to Invest $35 Million in Nebraska Facility to Expand Prefilled Flush Syringe Manufacturing to Support U.S. Health Care
Prnewswire· 2025-08-04 10:50
Core Insights - BD (Becton, Dickinson and Company) plans to invest over $35 million to expand prefilled flush syringe manufacturing at its Columbus, Nebraska facility, creating approximately 50 new jobs to enhance the resiliency of the U.S. healthcare system [1][2][7] Investment and Production Capacity - The investment will support new production lines for BD® PosiFlush™ Prefilled Flush Syringes, enabling the company to produce hundreds of millions of additional units annually to meet the growing demand from U.S. hospitals and health systems [3][6] - Over the past three years, BD has invested more than $80 million to expand PosiFlush™ capacity, increasing U.S. production by over 750 million units, including a 10% increase this year [6] Product Importance and Quality Assurance - PosiFlush™ Prefilled Flush Syringes are critical for catheter care and medication delivery, used in nearly every hospital in the U.S. to prevent catheter-related complications [4] - The syringes are manufactured using a fully automated, hands-free process, ensuring that the first person to touch the syringe is the clinician, which helps reduce contamination risks [5] Broader Commitment to U.S. Healthcare - This announcement is part of BD's broader commitment to strengthen U.S. healthcare infrastructure, with plans to invest $2.5 billion in U.S. manufacturing capacity over the next five years [7] - BD operates over 30 manufacturing and distribution facilities across 17 states and Puerto Rico, employing more than 10,000 people, forming a critical backbone of the U.S. medical device supply chain [8]
Trout Capital Advisors Serves as Exclusive Financial Advisor to Universal Plastics & Engineering Company in Sale to UFP Technologies
Prnewswire· 2025-07-29 14:05
Core Insights - Trout Capital Advisors served as the exclusive financial advisor to Universal Plastics & Engineering Company, Inc. in its sale to UFP Technologies, Inc. [1] - UNIPEC specializes in precision thermoformed and heat-sealed polymer components for Class III implantable medical devices, making it a strategic fit for UFP Technologies' medical-focused portfolio [2] - The transaction is viewed as a strong strategic outcome for UNIPEC, emphasizing the importance of legacy and future opportunities for employees [2] Company Overview - Trout Capital Advisors is a boutique investment banking firm focused on lower-middle market businesses, particularly founder- and family-owned companies [4] - UNIPEC has been a family-owned business since 1957, highlighting its long-standing legacy in the industry [2] - UFP Technologies, Inc. is a designer and manufacturer of custom-engineered components for the medical market, indicating its commitment to innovation in healthcare [1][2] Transaction Details - The sale of UNIPEC to UFP Technologies represents a significant event in the company's history, facilitating its next chapter [2] - The transaction underscores Trout Capital Advisors' expertise in advising privately held businesses in advanced manufacturing and engineered products sectors [2]
UFP Technologies Acquires UNIPEC and TPI to Expand Film and Thermoplastic Molding Capabilities
Globenewswire· 2025-07-17 13:00
Core Insights - UFP Technologies, Inc. has announced the acquisitions of Universal Plastics & Engineering Company, Inc. (UNIPEC) and Techno Plastics Industries, Inc. (TPI) to enhance its capabilities in the medical device market [1][5] - The acquisitions are aimed at expanding UFP's offerings in tight tolerance film components and thermoplastic molding, which are critical for medical devices [1][5] Company Overview - UFP Technologies is a designer and custom manufacturer of solutions for medical devices, sterile packaging, and other engineered products, serving top medical device manufacturers globally [5] - The company specializes in single-use and single-patient devices used in various medical applications, including minimally invasive surgery and infection prevention [5] Acquisition Details - UNIPEC, based in Rockville, Maryland, specializes in precision thermoformed and heat-sealed polymer components for Class III implantable medical devices, contributing to UFP's thin film platform [2][3] - TPI, located in Anasco, Puerto Rico, is a manufacturer of precision thermoplastic injection-molded components, enhancing UFP's thermoplastic molding capabilities [3][4] - UNIPEC has approximately $5 million in revenue and $2 million in EBITDA, while TPI has around $10 million in revenue and $1 million in EBITDA [7] Strategic Fit - The acquisitions are seen as strategic fits that will strengthen UFP's partnerships with leading medical device OEMs by adding unique technologies and expertise [5] - The integration of UNIPEC and TPI is expected to bolster UFP's production scale and capabilities in high-growth sectors of the medical device market [5][6]
BioStem Technologies Provides Comments on CMS CY 2026 Proposed Medicare Reimbursement Rule Changes for Skin Substitutes
Globenewswire· 2025-07-17 11:00
The Company welcomes CMS’ efforts to reform skin substitute payment policy and will continue to engage with CMS and other stakeholders to optimize the proposed changesPOMPANO BEACH, Fla., July 17, 2025 (GLOBE NEWSWIRE) -- BioStem Technologies, Inc. (OTC: BSEM), a leading MedTech company focused on the development, manufacturing, and commercialization of placental-derived products for advanced wound care, comments on the Centers for Medicare and Medicaid Services (“CMS”) release of the Calendar Year (“CY”) 2 ...
UFP Technologies, Inc. to Present and Host 1x1 Investor Meetings at the CJS Securities 25th Annual Summer Conference
GlobeNewswire News Room· 2025-07-08 12:00
Company Overview - UFP Technologies, Inc. is a contract development and manufacturing organization (CDMO) specializing in single-use, polymer-based medical devices and components [2] - The company partners with leading medical device companies to design and manufacture new devices, focusing on improving patient outcomes while reducing costs [2] - UFP Technologies operates in high-barrier, regulated markets such as robotic-assisted surgery, safe patient handling, infection prevention, interventional devices, orthopedics, and wound care [2] Recent Developments - UFP Technologies announced that its President Mitchell Rock and Sr. Vice President & CFO Ron Lataille will present and host one-on-one meetings at the CJS Securities 25th Annual Summer Conference on July 10, 2025 [1]
Integer Announces Conference Call to Discuss Second Quarter 2025 Results
GlobeNewswire News Room· 2025-06-26 12:00
Core Viewpoint - Integer Holdings Corporation will host a conference call to discuss its financial results and business highlights for the second quarter of 2025 on July 24, 2025 [1]. Group 1: Conference Call Details - The conference call is scheduled for Thursday, July 24, 2025, at 8 a.m. CT / 9 a.m. ET [1][6]. - An audio replay of the call will be available for seven days, accessible by dialing (800) 770-2030 or (609) 800-9909 with Conference ID 3120125 [2]. - The call will also be available live or via archived replay on the Investor Relations section of the Integer website [2]. Group 2: Company Overview - Integer Holdings Corporation is one of the largest medical device contract development and manufacturing organizations (CDMO) globally, serving markets such as cardiac rhythm management and neuromodulation [4]. - The company aims to enhance patient lives by providing innovative, high-quality products and solutions [4]. - Integer's brands include Greatbatch Medical® and Lake Region Medical® [4].
UFP Technologies (UFPT) FY Conference Transcript
2025-06-11 12:55
UFP Technologies (UFPT) FY Conference June 11, 2025 07:55 AM ET Speaker0 Part advisers. Thank you guys for joining us bright and early. presenting company of the day is UFP Technologies. With us here from the company today, we have Jeff Bailey, chairman, CEO, and Ron Lattay, CFO. UFP is a client of three part advisors for a number of years. If anyone would like a follow-up call, anything, just reach out to me directly. Happy to help set that up. And with that, I'll just turn it over to Jeff. Speaker1 Thank ...
UFP Technologies, Inc. to Present and Host 1x1 Investor Meetings at the Goldman Sachs 46th Annual Global Healthcare Conference
Globenewswire· 2025-06-03 13:00
NEWBURYPORT, Mass., June 03, 2025 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT), today announced that Jeffrey Bailly, Chairman and CEO, and Ron Lataille, Sr. Vice President & CFO, will present at the Goldman Sachs 46th Annual Global Healthcare Conference on Monday, June 9, 2025. UFP’s fireside chat is scheduled to begin at 11:20 AM ET. About UFP Technologies, Inc. UFP Technologies is a designer and custom manufacturer of comprehensive solutions for medical devices, sterile packaging, and other h ...
UFP Technologies to Present and Host 1x1 Investor Meetings at the 15th Annual East Coast IDEAS Investor Conference on June 11th in New York, NY
Globenewswire· 2025-06-03 13:00
NEWBURYPORT, Mass., June 03, 2025 (GLOBE NEWSWIRE) -- UFP Technologies (UFPT), today announced Jeffrey Bailly, Chairman and CEO and Ron Lataille, Sr. Vice President & CFO, will present at the East Coast IDEAS Investor Conference on Wednesday, June 11, 2025 at The Westin Times Square in New York, NY. UFP’s presentation is scheduled to begin at 7:55 AM ET. The presentation is webcast and can be accessed through the conference host’s main website: https://www.threepartadvisors.com/east-coast and in the investo ...
Integer to Present at Truist Securities MedTech Conference on June 17
Globenewswire· 2025-06-03 12:00
Company Overview - Integer Holdings Corporation (NYSE: ITGR) is a leading medical device contract development and manufacturing organization (CDMO) serving the cardiac rhythm management, neuromodulation, and cardio and vascular markets [3] - The company is recognized as a strategic partner for medical device companies and OEMs, focusing on enhancing patient lives through innovative, high-quality products and solutions [3] - Integer's brands include Greatbatch Medical and Lake Region Medical [3] Upcoming Events - Integer will participate in the 2025 Truist Securities MedTech Conference on June 17, 2025, in Boston, with a fireside chat scheduled for 10:40 a.m. ET [1] - A live webcast of the presentation will be available on the Investor Relations section of the Integer website [2]