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Confluent Medical Technologies to acquire Corpus Medical

Press releases may be edited for formatting or style | February 09, 2018 Business Affairs
FREMONT, Calif.--(BUSINESS WIRE)--Confluent Medical Technologies (“Confluent Medical”), a global leader in medical device contract manufacturing, today completed the acquisition of Corpus Medical. Confluent Medical is a contract manufacturer with full scale capabilities to provide high-quality, low cost finished class III medical devices. Confluent’s core capabilities revolve around industry-leading expertise in balloon catheters, delivery systems, introducer sheaths, Nitinol products, and balloon expandable stent systems.

Corpus specializes in the design and development of technically complex catheter technologies, with particular expertise in the fields of electrophysiology, structural heart, neurovascular, cardiovascular, peripheral vascular and ENT.

The combined company will continue to operate as Confluent Medical Technologies, and will offer complementary, industry-leading technologies to provide customers with a single-source solution for highly innovative, cost-competitive medical device contract manufacturing, testing, and design services. Confluent Medical has a proven track record of partnering with the medical device community to deliver world-class medical devices through innovative materials science, engineering, and manufacturing.

“The acquisition of Corpus Medical expands Confluent Medical’s design and manufacturing capabilities into technically complex and advanced catheters. Corpus has extensive technical capabilities in the design and development of products in the electrophysiology, ENT, peripheral vascular, and cardiovascular markets,” said Dean Schauer, President and CEO of Confluent Medical. “We look forward to engaging our customers with our expanded suite of advanced, industry-leading technologies as well as high-quality, innovative, cost-competitive manufacturing.”

“Corpus Medical is thrilled to be joining the Confluent Medical team and combining our expertise in advanced catheter design and development with Confluent’s world-class capabilities to best serve the medical device industry,” said Brice de La Menardiere, President and CEO of Corpus.

Confluent Medical’s expanded portfolio of services includes:

ADVANCED TECHNOLOGY CATHETERS

• Advanced technology in sensor, energy and catheter design and development

• Specializing in the electrophysiology, structural heart, neurovascular, ENT, peripheral vascular, and cardiovascular markets

BALLOON EXPANDABLE STENTS & BALLOON CATHETERS

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