Medical Industry

The development of safe and effective medical devices has been the industry’s top priority. According to the World Health Organization, there are over two million different types of medical devices on the global market, each of which belongs to a specific generic device group. These devices are used in therapeutic…

Swiss speciality chemical firm Clariant’s Healthcare Packaging business unit is now producing desiccant packets at its plant in Cuddalore, Tamil Nadu, India. The addition expands the range of desiccant products immediately available to customers in the region and increases global capacity. The plant now manufactures both Continu-Strip continuous-roll desiccant packets…

UK’s independent providers of materials and product qualification testing, Element Materials Technology, has integrated into its company Admaterials Technologies, a Singapore-based business that provides testing to the construction sector, as well as chemical, environmental and mechanical testing and certification services. This represents the final stage of an extensive integration program…

Swiss speciality materials firm Clariant is to sell its Healthcare Packaging business to a newly-formed affiliate of Arsenal Capital Partners. The total consideration of the sale amounts to approximately CHF308 million payable at closing, which is expected in Q4 2019. The total consideration is equivalent to 13.2 times adjusted FY2018…

US-based Lubrizol Corporation has acquired Bavaria Medizin Technologie GmbH (BMT), a manufacturer of both intravascular (coronary, peripheral, and cranial) and nonvascular devices, including drug-coated balloons, from its current majority shareholder Custos Vermögensverwaltungs GmbH as well as from the minority shareholders. Lubrizol says this acquisition builds upon its expertise in precision…

US packaging maker Tekni-Plex has completed the acquisition of three manufacturing facilities from Amcor Flexible Packaging that serve medical device OEMs. Located in Madison and Milwaukee, WI, and Ashland, MA, the facilities provide a broad portfolio of sterilisable medical device packaging substrates, including coated and uncoated Tyvek, heat-seal and cold-seal…

Chemical firm Trinseo says that it is evaluating “strategic alternatives” for its polycarbonate (PC) resin activities but it has not set a timeline for this evaluation process. It adds that it is analysing options for its PC production facility in Stade, Germany. It says that it is fully committed to continue serving…

Researchers at Germany’s Fraunhofer Institute for Applied Polymer Research IAP are working with Israeli and German partners to develop long-wearing contact lenses that can release medicine. The active ingredient is encapsulated in liposomes and bound to the inside of the contact lenses. This enables it to remain in the eye…

Unilever announced it has signed an agreement to acquire the Fluocaril and Parogencyl oral care brands from P&G (The Procter & Gamble Company). Fluocaril and Parogencyl are well-known therapeutics brands sold in the Pharmacy channel, primarily in France and Spain, with a product portfolio that enjoys strong endorsement from health…

In 1979, Evonik launched the thermoplastic elastomer polyether block amide (PEBA) under the brand name Vestamid E from its largest global production site in the Marl Chemical Park. Whether in sports equipment, hydraulic pressure lines in trucks, medical devices or 3D printed high-tech parts, these polyamide 12 elastomers kept finding their way into new…