Originally Published MPMN
Originally Published MPMN April 2003
INDUSTRY NEWSUTI Expands Contract Manufacturing Services
To boost its already considerable contract manufacturing capabilities, UTI Corp. (Collegeville, PA;
www.uticorporation.com) has acquired Venusa Ltd., a firm based in El Paso, TX. Venusa is a medical device manufacturer concentrating on proprietary OEM products and private-label fluid disposables. Its product markets include parenteral and enteral therapy, endoscopy catheters, and minimally invasive therapeutic devices. The company's services include injection molding and assembly technologies.
"Venusa has a proven track record of servicing major medical device OEMs with assembly facilities in Mexico and the United States," says Drew Freed, chairman and CEO of UTI. In addition to enhancing UTI's contract services, Venusa's "high-quality assembly capabilities will provide a tremendous advantage to our customers," says Freed.
UTI is a fully integrated supplier of finished devices, assemblies, and metal and plastic components to medical device OEMs worldwide. Its capabilities include product design and development, prototyping, production, assembly, and supply chain management.
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