Resonetics to buy SAES Medical nitinol business for $900M

Resonetics announced today that it has signed an agreement to acquire Memry Corp. and SAES Smart Materials from SAES Getters S.p.A, Milan, Italy.

The planned acquisition will expand Nashua, New Hampshire–based Resonetics’ nitinol raw material and component manufacturing capabilities.

The companies expect the $900 million deal to close this year. The transaction is subject to the receipt of regulatory clearances and approvals. In addition, there are other closing conditions, including the approval of the SAES Getters S.p.A. board of directors.

Both of the businesses that Resonetics is acquiring are U.S. based. They have 550 employees and operations in Bethel, Connecticut; New Hartford, New York; and Menlo Park, California.

The deal enables Resonetics to better serve a wide range of medtech

Nitinol is enabling technological advances in a range of therapeutic areas, such as structural heart, peripheral vascular, electrophysiology, neurovascular…

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Johnson Matthey opens medical nitinol facility in Mexico

Johnson Matthey today opened a brand new nitinol facility in Mexicali, Mexico for its Medical Device Components business.

The facility has 40,000 square feet of manufacturing space for nitinol sheet and tubing, double the capacity of the company’s previous location in San Jose, California. The newly constructed plant in Mexicali is the world’s only low-cost-country manufacturer of nitinol sheet and tube, Johnson Matthey said in a news release.

The site is scheduled to be fully operational by 2023.

Johnson Matthey said the new facility will give its customers increased capacity for device launches, optimized cost, enhanced quality assurance and dependable deliveries with shorter leadtimes. Additionally, Mexicali’s proximity to Jonson Matthey’s San Diego facility will allow for consistency with JM’s company values, business processes and management oversight, the company said.

“With 35 years of nitinol experience, this is a n…

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Salt baths increase stability in the medical device tempering process

Calibration baths, like salt baths, were originally for calibrating temperature assets. But there’s another use for them: manufacturing Nitinol medical devices.

Travis Porter, Fluke Calibration

The Fluke Calibration 6050H Extremely High Temperature Calibration Salt Bath (left) can handle high temperatures (550 °C) with stability (±0.002 °C) and uniformity (±0.005 °C). The Fluke Calibration 6331 Deep-Well Compact Bath (right) can handle both high (300 °C) and low (-80°C) temperature with excellent stability (±0.005 °C) and uniformity (±0.007 °C). [Images courtesy of Fluke Calibration]

Nitinol is a nickel-titanium alloy that exhibits both thermal shape memory behavior and super-elasticity. It’s a great metal to use in medical devices because it’s possible to set the wire or mesh design into a form using the tempering process. Then, fold it up into a fraction of end size to use in minimal…
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SMT’s TAVR wins CE Mark for aortic stenosis

SMT’s Hydra TAVR is indicated for the treatment of severe aortic stenosis. (Image from SMT)

Sahajanand Medical Technology (SMT) announced today that its Hydra TAVR device has received the CE Mark for the treatment of severe aortic stenosis.

The Hydra aortic valve is a self-expandable, nitinol-based, supra annular aortic system with a mechanism for recapturing the valve during deployment, according to Mumbai, India-based SMT. This property helps in precise placement of the valve and ensures orthotopic deployment, the company added.

The non-flared inflow section of the frame and supra-annular valve leaflet design are intended to ensure better aortic valvular area in smaller annuli and in valve-in-valve settings. The frame has 3 tentacles or antennae for better anchorage and larger cells (10mm) for better access in future coronary interventional procedures. The delivery cable is highly flexible and…

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