NextPhase Medical Devices and Proven Process Medical Devices are merging — another example of ongoing medtech contract manufacturing consolidation.
The financial terms of the deal were not disclosed in today’s announcement.
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NextPhase Medical Devices and Proven Process Medical Devices are merging — another example of ongoing medtech contract manufacturing consolidation.
The financial terms of the deal were not disclosed in today’s announcement.
Waldwick, N.J.– based NextPhase provides electronic manufacturing services and single-use disposable devices to medical device OEMs. Acquiring Mansfield, Mass.–based Proven Process will enable NextPhase to expand its expertise in R&D, engineering, design and manufacturing of FDA Class II and III therapeutic and diagnostic devices.
Proven Process’s specialties include implantables, hand-held devices, combination devices, wearable devices and electro-mechanical capital equipment.
“The acquisition of Proven Process reinforces NextPhase’s growth strategy, extends our technology platform and strengthens our capabilities to help our customers navigate medical device challenges,” NextPhase CEO Carlo W. Colesanti said i…
NextPhase Medical Devices announced today that it appointed Robert Olsen to its newly created role of chief commercial officer.
Olsen’s responsibilities within the role include commercialization, leading sales, marketing and value streams, overseeing revenue and profit growth and ensuring customer satisfaction for the Waldwick, N.J.-based medical device contract manufacturer, according to a news release.
A veteran of more than 30 years in the medical device contract manufacturing space, Olsen has spent the past three years with NextPhase Medical Devices, having previously served as senior VP of business development. He also held sales, business development and leadership roles at companies such as Vention Medical, Flex and Nypro.
“We are fortunate to have a leader with Rob’s industry experience and passion for excellence,” NextPhase Medical Devices president & CEO Carlo Colesanti said in the release.“Over the last 3 years, he has been a great s…