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NEWBURY, ENGLAND (Nov. 19, 1:05 p.m. ET) -- Bayer MaterialScience AG is buying PolyBioMed Ltd, based in Sheffield, England, to expand its portfolio in medical device coatings and materials. PolyBioMed, a subsidiary of Lombard Medical Technologies plc, provides polymer coatings, surface treatments and biomaterials to the medical device industry.
November 19, 2009
CHICAGO (Nov. 16, 10:05 a.m. ET) -- A proposed federal sales tax on medical devices could cost Abbott Laboratories, Baxter International Inc. and Hospira Inc. a combined $100 million a year or more. To help pay for health care reform, Congress is considering an excise tax on the medical-device industry, first proposed at roughly $40 billion over 10 years in the Senate. But the $20-billion House version of the tax seems likely to prevail after heavy lobbying by the industry.
November 16, 2009
HONG KONG (Nov. 6, 1:10 p.m. ET) -- A group of Hong Kong companies, including some large plastic firms, want to see the region become a hot spot for manufacturing medical devices. They hope
to combine what they see as their strength in manufacturing consumer electronics and other products for Western markets and join it with Hong Kong’s medical and university centers.
November 6, 2009
PITTSFIELD, MASS. (Nov. 5, 4:55 p.m. ET) -- Apex Resource Technologies Inc. is expanding its medical device capabilities with the help of $5 million financing package developed through help from the Massachusetts Housing Investment Corp, a private nonprofit lender. Pittsfield-based Apex, which does engineering, design and injection molding, plans to add 15-20 employees in the next 18 months.
November 5, 2009
KALAMAZOO, MICH. (Nov. 5, 2:05 p.m. ET) -- Diversifying into medical devices is a way for manufacturers dependent on the auto industry to grow revenue and avoid the ups and downs of the auto supply chain, but it takes hard work and a long-term commitment, attendees at the fifth annual MichBio Expo were told in a panel discussion Wednesday.
November 5, 2009
LIONVILLE, PA. (Nov. 4, 8:25 a.m. ET) -- Medical components manufacturer West Pharmaceutical Services Inc. plans to restructure certain business operations, resulting in the elimination of about 100 jobs, the company announced in its third quarter financial results report. The restructuring includes the re-evaluation of certain business initiatives and assets within its Pharmaceutical Systems and Tech Group segments, West said.
November 4, 2009
OAKFORD, IND. (Oct. 28, 4:10 p.m. ET) — Custom injection molder Hewitt Molding Co. has upgraded its in-house tool and manufacturing center with the addition of a Makino S56, high speed, hard milling, computer numerically controlled work center.
October 28, 2009
SINGAPORE (Oct. 23, 2:40 p.m. ET) -- Leading electronics contract manufacturer Flextronics International Ltd. has announced progress in two major projects in Central Europe and Mexico, each designed to expand the firm's medical disposables business capacity.
October 23, 2009
PITTSBURGH (Oct. 22, 3 p.m. ET) -- Medical products maker Cantel Medical Corp. has purchased an equity stake in Biosafe Inc., a maker of antimicrobial polymer additives based in
Pittsburgh.
October 22, 2009
DANVERS, MASS. (Oct. 20, 11:40 p.m. ET) -- Sporting a new name and a new home in Danvers, G&F Medical Inc. is boosting its capabilities for medical device manufacturing. The company, formerly known as UPCOA or Urethane Processing Corp of America, moved its operations five miles from its former home in Peabody, Mass.
October 20, 2009
AVON LAKE, OHIO (Oct. 20, 12:15 p.m. ET) -- Matt Hlavin, third-generation president of Thogus Products Cos. in the Cleveland suburb of Avon Lake, considers his firm to be “a 51-year-old startup company.” Indeed, the custom injection molder has changed its stripes enough that one could argue it’s been reborn.
October 20, 2009
BRADENTON, FLA. (Oct. 15, 2:10 p.m. ET) -- The swine flu outbreak has been a big challenge for health care officials, but it’s also been a big opportunity for Delaney Manufacturing LLC, a custom injection molder in Bradenton. The business is working around the clock to meet an order for between 25,000 and 35,000 holding trays needed to process doses of the vaccine used to treat swine flu.
October 15, 2009
LIONVILLE, PA. (Oct. 12, 1:40 p.m. ET) -- Advanced polymers, because of their high costs, miss some opportunities to replace glass in prefillable syringes. But numerous plastics-related developments are making inroads in the market.
October 12, 2009
LATROBE, PA. (Oct. 9, 9:50 a.m. ET) -- Medical injection molder Classic Industries Inc. has taken its first step in Europe with the acquisition of RW Injection Moulding Ltd., boosting its worldwide manufacturing operations for pharmaceutical and medical packaging and components. The operation complements Classic’s existing manufacturing operations in Latrobe; El Paso, Texas; Ponce, Puerto Rico, and Shanghai, China.
October 9, 2009
MANCHESTER, CONN. (Oct. 7, 10:15 p.m. ET) -- Injection molder Vision Technical Molding LLC has expanded and added a clean room to meet increasing customer demands for rapid turnaround of complex medical devices that often require post-molding operations. The 27,000 square foot expansion of its Manchester, Conn., plant includes a 10,000 square foot Class 8 clean room, and space to expand that clean room by another 50 percent, said President Steve Arnold in an Oct. 7 phone interview.
October 7, 2009
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