March 04, 2015 2:11 AM 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...

29 Northwestern Drive

Salem, NH 03079

United States

Founded in 1979

Phone:

603-327-0600

Fax:

603-327-0601

Key Executives for Vention Medical, Inc.

Chief Executive Officer and President
Age: 48
Chief Financial Officer
Age: 52
President of Advanced Polymers
President of Molding & Device Assembly
Vice President of Quality Assurance and Regulatory Affairs
Compensation as of Fiscal Year 2014.

Vention Medical, Inc. Key Developments

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.

Vention Medical Launches Online Tool to Speed R&D

Vention Medical, Inc. announced the launch of an online tool that allows customers to design their own balloon catheter prototypes built to their specifications, for delivery in as little as two weeks. The new ModCath(TM) Online Design Tool allows users to select from a full range of modular features to design complete balloon catheters, delivered at a fraction of the time and cost of traditional methods. Many standard sizes are available for delivery in as little as two weeks. ModCath accelerates the R&D process and early-stage evaluation of prototypes for proof of concept, dramatically reducing development costs, shrinking project timelines and ultimately, speeding time to market. ModCath eliminates the need to invest in custom balloons and extrusions in the early stages of a design project. In addition, customers can order as few as 10 catheters per design. ModCath also can give customers a head start on production. The final ModCath design can be seamlessly transferred into production or modified with custom components to minimize time and cost. Vention also offers semi-custom and custom balloon catheter programs.

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