Lighteum Medical, San Diego, California, a manufacturer of precision medical components including high-complexity nitinol-based solutions, appointed Gaurav Agarwal as chief executive officer. Agarwal has nearly 30 years of leadership experience across medical devices, diagnostics, and healthcare technology, including involvement in more than $15 billion in M&A transactions and $11 billion in private equity dispositions. He […]

Axel Johnson Inc. (AJI), New York, acquired full ownership of Fort Wayne Metals Research Products LLC, Fort Wayne, Indiana, from the Glaze family. AJI first invested in the company in 2021. Founded in 1970, Fort Wayne Metals develops and manufactures high-performance precision materials for medical devices and other critical applications, supporting millions of medical procedures […]

Pressio Spine announced the successful completion of the first surgical cases using its Continuum compression staple, a superelastic nitinol fixation system for single-level anterior cervical discectomy and fusion (ACDF). The Continuum staple is engineered to provide continuous compression across the fusion site. It uses an in-line spinal positioning design with a streamlined placement technique and […]

Quasar Medical, a global contract development and manufacturing organization (CDMO) for minimally invasive medical devices, acquired the Nitinol Design and Development Center in San Diego, California, from Medres International. The 10,000-sq-ft center, established in 2024, provides nitinol design, development, process engineering, and precision manufacturing for minimally invasive devices. Its capabilities include laser cutting, shape setting, […]