J&J’s Ethicon signs collaboration agreement with Megadyne on electrosurgery products

21 November 2013 (Last Updated November 21st, 2013 18:30)

Ethicon Endo-Surgery (Ethicon), a subsidiary of Johnson & Johnson, has entered into a collaboration agreement with US-based Megadyne Medical to provide a comprehensive portfolio of solutions across the spectrum of energy platforms.

ethicon

Ethicon Endo-Surgery (Ethicon), a subsidiary of Johnson & Johnson, has entered into a collaboration agreement with US-based Megadyne Medical to provide a comprehensive portfolio of solutions across the spectrum of energy platforms.

Under the terms of agreement, Ethicon and Megadyne plan to offer contracting solutions for Megadyne's monopolar and bipolar devices and Ethicon's advanced bipolar and ultrasonic energy in the US market.

North Carolina's Wake Forest Baptist Medical Center strategic sourcing surgical services value analysis coordinator Sonja L Glass said: "I believe Ethicon and Megadyne provide high-quality products that help us deliver quality outcomes for our patients.

"The strategic partnership helps drive cost-efficiencies and provides financial benefits for Wake Forest Baptist."

This new venture offers both Megadyne and Ethicon customers a broadened variety of energy solutions to simplify their inventory management.

"The strategic partnership helps drive cost-efficiencies and provides financial benefits for Wake Forest Baptist."

The collaboration also offers increased value through flexible contracting solutions, capital trade-out programmes, product and supplier standardisation and environmentally friendly solutions.

Ethicon energy business worldwide president Michelle Brennan added: "Now leveraging our combined scope and scale, we can provide a comprehensive portfolio of solutions across the spectrum of energy platforms."

Ethicon offers the broadest portfolio of ultrasonic energy devices using Harmonic technology and advanced bipolar energy devices using Enseal technology.

According to GlobalData estimates, the US electrosurgical devices market was valued at $428m in 2012 and is expected to grow at a CAGR of 5.2% to reach $609m by 2019.


Image: Ethicon & Megadyne stacked generators on a single cart. Photo: courtesy of Ethicon Endo-Surgery, Inc / Business Wire.