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Vention Medical has opened a facility in Israel to support innovation in the region’s rapidly growing medical device market. Vention Medical Israel will offer complete design and development services, stock and custom components and technologies, and manufacturing services to support rapid product launch and scalable production. With about 1,000 medical device companies and growing quickly, “Israel is an emerging player in this industry,” company officials said. “There’s a lot of great innovation coming from Israeli companies that are looking to speed products to market,” said Vention CEO Dan Croteau. “Vention has the knowledge, insight and technologies to help these companies plan a long-term path for commercialization that is cost effective, while optimizing quality.” “Vention’s expertise fills a gap in this region,” said Eyal Sandach, general manager of Vention Medical Israel and a veteran of the medical device industry in the United States and Israel. “Having Vention’s local expertise and global capabilities will enable us to better help our customers in this region get their innovative technologies to market faster and more cost effectively.” The facility near Tel Aviv will offer design and development services from initial concept through finished device. Capabilities include: engineering and technical expertise; prototype development and assembly (including design for manufacturability); robust quality systems and regulatory support; packaging, sterilization and supply chain management; coordination of long-term, low-cost production strategies; catheter components and technologies (medical balloons and reinforced shafts); and medical tubing (heat-shrink tubing, polyimide and composite tubing, and complex extrusions). Vention Medical has more than 30 years of experience in design, engineering and manufacturing of complex medical devices and components. The company specializes in components and services used in interventional and minimally invasive surgical products including catheters, balloons, extrusions, polyimide and composite tubing, heat shrink tubing, braid-reinforced shafts, clean-room injection molding, and finished device assembly and packaging. The company has nine locations in the United States, in addition to facilities in Costa Rica, Ireland and Puerto Rico.
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