Log in or Register for enhanced features | Forgotten Password?
White Papers | Suppliers | Events | Report Store | Companies | Dining Club | Videos

Contract Services
Return to: MDBR Home | Contract Services

Phillips-Medisize to buy Injectronics

MDBR Staff Writer Published 04 July 2016

US-based Phillips-Medisize has agreed to acquire Injectronics for an undisclosed sum.

Injectronics offers contract engineering and manufacturing services to consumable diagnostics and medical device customers.

The acquisition will add two manufacturing locations in the Northeastern US to Phillips-Medisize.

Injectronics' current management team will join Phillips-Medisize to monitor the operations of Clinton and Westboroug facilities.

Phillips-Medisize chairman, CEO and president Matt Jennings said: "Injectronics has a very strong track record of delivering excellent quality service to their diagnostics and medical device customers, and adding their expertise will further solidify our position as an industry leader.

"This transaction is consistent with our strategic focus to further broaden our reach into the Northeastern US, and will enable us to better serve our biopharmaceutical and medical device customers."

Injectronics president and CEO Paul Nazzaro said: "This transaction creates new opportunities for growth and provides our loyal customer base access to Phillips-Medisize's global network of design, development and production capabilities and functions across all platforms."

Phillips-Medisize provides design and manufacturing services to the drug delivery and combination products, consumable diagnostics and medical device, and specialty commercial markets.

The company produces product such as disposable insulin pens, glucose meters, specialty inhalation drug delivery devices, single use surgical devices and consumable diagnostic components.

With around 3,900 employees, the firm has 17 production locations across the US, Europe, Mexico and China.