October 25, 2016 2:26 PM ET

Healthcare Equipment and Supplies

Company Overview of Vention Medical, Inc.

Company Overview

Vention Medical, Inc. engages in the design, engineering, and manufacture of medical devices and components in the United States, Puerto Rico, and Costa Rica. The company manufactures non-compliant, semi-compliant, and compliant medical balloons, as well as balloon catheters, heat shrink tubing, polyimide tubing, and multi-layer medical tubing for use in the manufacture of minimally invasive medical devices, procedures, and medical technology; and provides integrated services that range from product design, through assembly and packaging, cleanroom injection molding, and sterilization for disposable and reusable medical products, and the manufacture of automation equipment. It provides contr...

1800 Larimer Street

Suite 2200

Denver, CO 80202

United States

Founded in 1979



Key Executives for Vention Medical, Inc.

Chief Executive Officer and President
Age: 50
Chief Financial Officer
Age: 54
President of Advanced Polymers
President of Molding & Device Assembly
Vice President of Quality Assurance and Regulatory Affairs
Compensation as of Fiscal Year 2016.

Vention Medical, Inc. Key Developments

DSM Partners with Vention Medical to Provide Single-Source Solution for Catheters and Coatings

DSM Biomedical announced a partnership with Vention Medical to provide customers who develop and manufacture coated medical devices with a single-source offering. The partnership offers customers the option to integrate the development, testing and application of DSM’s ComfortCoat® coating into the catheter manufacturing process, eliminating the need to transfer finished products to another supplier for development and coating application services. Medical device manufacturers continue to improve clinical outcomes while being pressured, like never before, to further reduce costs. This is best achieved by designing innovative products for manufacturing, reducing time to market, and leveraging an integrated and consolidated supply chain. DSM’s innovative ComfortCoat coating can help improve performance and patient comfort when applied to medical devices, such as catheters. ComfortCoat coating helps device navigation and mitigates risks of acute trauma to the patient. The collaboration with Vention Medical enables device manufacturers to seamlessly integrate the coating design and production into their devices – optimizing the design and manufacturing efficiency. DSM’s materials scientists and applications engineers will now start to work alongside Vention Medical’s device designers and operations personnel to produce coated catheters. This partnership now enables devices being designed, assembled, coated, and packaged under one single quality system and under one roof. In doing so, work in process is kept to a minimum, supply chain is streamlined, and quality control is optimized. This collaboration offers device manufacturers an unmatched level of service and expertise – from raw materials science and technology innovation to component and device manufacturing, to operations management. This collective and integrated supply chain, on a global manufacturing and sourcing platform, enables DSM and Vention Medical the capability of bringing significant efficiencies to medical device companies.

Vention Medical Expands Facility to Israel

Vention Medical announced that it has opened a facility in Israel to support innovation in the region’s rapidly growing medical device market. Vention Medical Israel will offer complete design and development services, stock and custom components and technologies, and manufacturing services to support rapid product launch and scalable production. The facility near Tel Aviv will offer: Design and development services from initial concept through finished device, including: Engineering and technical expertise; Prototype development and assembly (including DFM); Robust quality systems and regulatory support; Packaging, sterilization and supply chain management; Coordination of long-term, low-cost production strategies. Catheter components and technologies, including: Medical balloons; Reinforced shafts; Medical tubing; Heat shrink tubing; Polyimide and composite tubing; Complex extrusions.

Vention Medical Expands Catheter Capabilities in Costa Rica

Vention Medical announced that is has expanded its catheter capabilities in Costa Rica to create a Catheter Center of Excellence. This dedicated facility enables Vention to add to its comprehensive suite of catheter technologies which now range from design and development through high-volume manufacturing in a low-cost geography, offering customers the most cost-effective, innovative catheter-based devices on the market. The dedicated site brings together key component technologies such as medical balloons, multilayer extrusions and reinforced shafts with materials including polyimide and polyetheretherketone (PEEK). It also offers dedicated resources that bring specialized experience in critical assembly processes such as laminating, tip forming and laser bonding.

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