Cirtec Medical Corp., Minneapolis, announced that it has acquired Cardea Catheter Innovations, a vertically integrated manufacturer of minimally invasive catheter devices and complex delivery systems based in San Jose, Calif.
“We are excited to add Cardea Catheter Innovations to the Cirtec team,” stated Brian Highley, Cirtec CEO. “This acquisition is a natural fit for us and serves as another example of our commitment to building our interventional capabilities for our customers following our investments into Vascotube and NovelCath.”
Both the current Cirtec Los Gatos design center (formerly Circle Medical) and Cardea will be relocating to a new 32,000 sq. ft. purpose-built facility in San Jose, Calif. This facility will become Cirtec’s West Coast Center of Excellence for Catheters and Delivery Systems and will include catheter development, full device assembly, packaging, and volume manufacturing capabilities with a path to Cirtec Costa Rica production. The move will add a substantial expansion of manufacturing space for Cardea.
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