Ethicon Endo-Surgery, a Johnson & Johnson company, has acquired SterilMed, which is involved in the reprocessing and remanufacturing of single-use medical devices in the US.
Ethicon Endo-Surgery is a manufacturer of minimally invasive and surgical medical devices, used for the diagnosis and treatment of general and bariatric surgery, gastrointestinal health, gynaecology and surgical oncology.
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Ethicon Endo-Surgery chairman Karen Licitra said the collaboration will help them meet physicians needs for high-performance medical devices, while also providing quality, cost-effective alternatives for hospitals to help save money and reduce waste.
”This aligns strongly with our healthcare system’s goals for transforming patient care and increasing affordability and access in the US," Licitra added.
SterilMed will remain a stand-alone company, focussing on single-use medical device reprocessing market.
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By GlobalData
