• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Opinions
    • Top 30
    • Research
    • Supply Chain
    • Device Sectors
    • Directory
    • Events
    • Resources
    • Microsites
    • More
  • Magazine
  • News
  • Opinions
  • Top 30
  • Research
  • Supply Chain
  • Device Sectors
  • Directory
  • Events
  • Resources
  • Microsites
  • Current / Back Issues
    Features
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Reprints
    Subscribe Now
    Advertise Now
    Top Features
    Computer Concepts for Medical Device Design

    IVD Manufacturers Are Being Put to the Test

    The New State of Medtech Outsourcing

    The Changing Face of Medtech Surface Treatment

    The Totally Tubular Technologies that Support Medical Devices
    OEM News
    Supplier News
    Service / Press Releases
    Online Exclusives
    Press Releases
    People in the News
    Product & Service Releases
    Supplier News
    Medtech Makers
    Technical Features
    International News
    Videos
    Product & Service Releases
    Live From Shows
    Regulatory
    Financial/Business
    Top News
    CareDx, Miromatrix Collaborate on Bioengineered Organs Research

    Capitainer Releases to Market its Fully Automated Sample Handler

    Titan Medical Licenses Most IP to Intuitive; CEO Steps Down

    Nox Medical Secures New Patent for Calculating Respiratory Effort During Sleep Studies

    Concept Medical Earns 4th FDA IDE Nod for MagicTouch PTA
    From the Editor
    Blogs
    Guest Opinions
    Top Opinions
    Computer Concepts for Medical Device Design

    IVD Manufacturers Are Being Put to the Test

    The New State of Medtech Outsourcing

    The Changing Face of Medtech Surface Treatment

    The Totally Tubular Technologies that Support Medical Devices
    Top 30 Medical Device Companies
    Market Data
    White Papers
    Top Research
    Checking Up on Surgical Robotics

    Building a Network: How Synchron Is Developing a New Device—and a New Market

    Six Lessons Learned on Developing a Strong Company Culture

    As Hiring Slows, Companies Look Inward to Fulfill Talent Needs

    Artificial Intelligence: Medtech Opportunity or Health Danger?
    3D/Additive Manufacturing
    Contract Manufacturing
    Electronics
    Machining & Laser Processing
    Materials
    Molding
    Packaging & Sterilization
    R&D & Design
    Software & IT
    Testing
    Tubing & Extrusion
    Cardiovascular
    Diagnostics
    Digital Health
    Neurological
    Patient Monitoring
    Surgical
    Orthopedics
    All Companies
    Categories
    Company Capabilities
    Add New Company
    Outsourcing Directory
    Medbio LLC

    Cirtec Medical

    JBC Technologies

    LEMO USA Inc.

    NDH Medical Inc.
    MPO Summit
    Industry Events
    Webinars
    Live From Show Event
    Industry Associations
    Videos
    Career Central
    eBook
    Slideshows
    Top Resources
    6 Considerations for Companies on the Cusp of Being Acquired

    3 Key Elements to Consider When Managing a Medtech Sales Force

    Tech-Enabled Virtual Speech Therapy Improves Speech & Communication Skills

    Practical Strategies for Digitization and Integration in Medtech Manufacturing

    Sensors: The Heart of Minimally Invasive Equipment Technology
    Companies
    News Releases
    Product Releases
    Press Releases
    Product Spec Sheets
    Service Releases
    Case Studies
    White Papers
    Brochures
    Videos
    Outsourcing Directory
    Medbio LLC

    Cirtec Medical

    JBC Technologies

    LEMO USA Inc.

    NDH Medical Inc.
    • Magazine
      • Current/Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Editions
      • Subscribe Now
      • Advertise Now
    • News
    • Directory
      • All Companies
      • ALL CATEGORIES
      • Industry Associations
      • Company Capabilities
      • Add Your Company
    • Supply Chain
      • 3D/Additive Manufacturing
      • Contract Manufacturing
      • Electronics
      • Machining & Laser Processing
      • Materials
      • Molding
      • Packaging & Sterilization
      • R&D & Design
      • Software & IT
      • Testing
      • Tubing & Extrusion
    • Device Sectors
      • Cardiovascular
      • Diagnostics
      • Digital Health
      • Neurological
      • Patient Monitoring
      • Surgical
      • Orthopedics
    • Top 30 Company Report
    • Expert Insights
    • Slideshows
    • Videos
    • eBook
    • Resources
    • Podcasts
    • Infographics
    • Whitepapers
    • Research
      • White Papers
      • Case Studies
      • Product Spec Sheets
      • Market Data
    • MPO Summit
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Microsite
      • Companies
      • Product Releases
      • Product Spec Sheets
      • Services
      • White Papers / Tech Papers
      • Press Releases
      • Videos
      • Literature / Brochures
      • Case Studies
    • About Us
      • About Us
      • Contact Us
      • Advertise with Us
      • eNewsletter Archive
      • Privacy Policy
      • Terms of Use
    Breaking News

    SIS Medical Opens New Production Facility to Support International Growth

    Company plans to strengthen R&D department as well.

    SIS Medical AG01.18.17
    SIS Medical AG has moved to its new production facility in Frauenfeld, Switzerland. From this new location, the company is capable of providing higher capacity to meet the increasing demand for balloon catheters in international markets. Following the move, significant investments will be made to strengthen its R&D department as well.
     
    SIS Medical AG has set the course for growth. After having already achieved a leading market position in the field of high pressure and super high pressure balloons in Europe, the company is now preparing for a global approach. To achieve this, it has moved to a new cutting edge production facility at the company’s headquarters in Frauenfeld in the Canton of Thurgau, Switzerland.
     
    During the coming quarters, the company will significantly increase its investments in the development of new products as well as international market registrations. Production in Frauenfeld has obtained ISO:13485 and ISO:9001 certification and is therefore providing the highest safety and quality standards.
     
    SIS Medical currently employs 30 people and will significantly increase its number of employees in the months to come by hiring additional professionals, a number of which will include highly qualified R&D engineers.
     
    SIS Medical’s high pressure balloons are in international demand by interventional cardiologists, as the products offer additional treatment options including the reopening of highly calcified arteries or the optimization of stent results, for example, in combination with the implantation of bioabsorbable stents for predilation and postdilation.
     
    “With the new facility, we have established additional capacity with certified high quality and safety standards. This will serve as the foundation for significant additional international growth,” explained CEO and founder, Willi Zwahlen.
     
    “SIS Medical is well positioned in its market, as demonstrated by its strong growth over the last few years. With the investment program for international registrations, we will be able to offer the innovative product portfolio to a number of new countries and further enhance R&D activities at the SIS headquarters,” added Hubertus Leonhardt, board chairman and partner at the majority shareholder, SHS.
     
    SHS Gesellschaft für Beteiligungsmanagement is based in Tübingen, Germany, and invests in medical technology and life science companies with a focus on expansion financing, changes in shareholder structures and successor situations. SHS holds minority as well as majority interests. SHS was founded in 1993 and has since gained experience as industry investor, which supports the growth of its portfolio companies through a network of partnerships regarding the introduction of new products, regulatory issues or entering new markets. The SHS fund's German and international investors include the European Investment Fund, professional pension insurers, retirement funds, funds of funds, family offices, entrepreneurs and the SHS management team. The AIFM-registered company is currently investing from its fourth generation of funds, for which investors have provided 125 million euro. Equity of up to 20 million euro is invested. Transactions can be carried out in the mid double-digit million range together with a network of co-investors. Reinhilde Spatscheck, Dr. Bernhard Schirmers, Hubertus Leonhardt and Uwe Steinbacher are the managing partners at SHS.
    Related Searches
    • investment
    • bioabsorbable
    • standards
    • safety
    Suggested For You
    Plexus Corp. Plexus Corp.
    Avedro Nabs $42 Million in Funding, Opens New Manufacturing Facility Avedro Nabs $42 Million in Funding, Opens New Manufacturing Facility
    Precision Coating Opens New Costa Rica Facility Precision Coating Opens New Costa Rica Facility
    Carestream Agrees to Sell Dental Digital Business Carestream Agrees to Sell Dental Digital Business
    New ICD Lead with Helical Design is Launched in Europe New ICD Lead with Helical Design is Launched in Europe
    High-Precision Surgical Robot Performs Cochlear Implantation High-Precision Surgical Robot Performs Cochlear Implantation
    Entellus Medical Reports 22 Percent Surge in 2016 Revenue Entellus Medical Reports 22 Percent Surge in 2016 Revenue
     Verily Announces $800 Million Investment by Temasek Verily Announces $800 Million Investment by Temasek
    The Shrinking Supply Chain The Shrinking Supply Chain
    Ivantis Raises $25 Million Series C Funding Ivantis Raises $25 Million Series C Funding
    Cerêve Raises $38 Million in New Financing Led by KKR Cerêve Raises $38 Million in New Financing Led by KKR
    Johnson & Johnson Innovation, New York State, and New York Genome Center Launch JLABS in NYC Johnson & Johnson Innovation, New York State, and New York Genome Center Launch JLABS in NYC
    AMI AMI's TubeClear System Receives Additional FDA Clearances
    Sonendo Closes $35 Million Equity Financing Round Sonendo Closes $35 Million Equity Financing Round
    Phillips-Medisize Builds New 80,000 Square Foot Facility Phillips-Medisize Builds New 80,000 Square Foot Facility

    Related Buyers Guide Companies

    • Plexus Corp.

      Plexus Corp.

      ...
      Therese Keuler, Senior Market Analyst, Healthcare/Life Sciences 11.18.22

    • Avedro Nabs $42 Million in Funding, Opens New Manufacturing Facility

      Avedro Nabs $42 Million in Funding, Opens New Manufacturing Facility

      New manufacturing facility expected to boost production of corneal cross-linking systems.
      Business Wire 05.08.17

    • Precision Coating Opens New Costa Rica Facility

      Precision Coating Opens New Costa Rica Facility

      Fluoropolymer (PTFE/Teflon) coating applicator for the medical device industry celebrates new facility.
      Precision Coating 04.25.17


    • Carestream Agrees to Sell Dental Digital Business

      Carestream Agrees to Sell Dental Digital Business

      Carestream Dental to be established as an independent company.
      Carestream 04.17.17

    • Cardiovascular
      New ICD Lead with Helical Design is Launched in Europe

      New ICD Lead with Helical Design is Launched in Europe

      Biotronik's Plexa ProMRI lead for ICDs is designed to resist bending strain in high-stress regions.
      Biotronik SE & Co. KG 04.17.17

    Loading, Please Wait..

    Trending
    • AVS Collects An Additional $8.8 Million In Its Series B Funding Round
    • Philips Names New Supervisory Board Chairman
    • Healthcare Changes Prompt Medtronic To Merge Sales Force Medtronic, Inc. Is Combining Its U.S. Ca
    • Medtronic To Buy Wearable Insulin Patch Maker EOFlow For $738M
    • Noah Medical's Galaxy System Achieves First U.S. Robotic Bronchoscopy
    Breaking News
    • CareDx, Miromatrix Collaborate on Bioengineered Organs Research
    • Capitainer Releases to Market its Fully Automated Sample Handler
    • Titan Medical Licenses Most IP to Intuitive; CEO Steps Down
    • Nox Medical Secures New Patent for Calculating Respiratory Effort During Sleep Studies
    • Concept Medical Earns 4th FDA IDE Nod for MagicTouch PTA
    View Breaking News >
    CURRENT ISSUE

    May 2023

    • Computer Concepts for Medical Device Design
    • IVD Manufacturers Are Being Put to the Test
    • The New State of Medtech Outsourcing
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Verdure Sciences Receives Award for Sustainable, Ethical Turmeric Sourcing
    BGG Receives Patent for Saw Palmetto ID Method
    Premium Label & Packaging Solutions Receives Safe Quality Food (SQF) Certification
    Coatings World

    Latest Breaking News From Coatings World

    Boeing Starts Construction on New St. Louis Facility
    Brand Finance: Post-COVID Recovery Slows for Chemicals Industry Battling Energy Crisis
    BCF Calls for Greater Urgency on REACH Impasse
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    CareDx, Miromatrix Collaborate on Bioengineered Organs Research
    Capitainer Releases to Market its Fully Automated Sample Handler
    Titan Medical Licenses Most IP to Intuitive; CEO Steps Down
    Contract Pharma

    Latest Breaking News From Contract Pharma

    AVROBIO Sells Cystinosis Gene Therapy for $87.5 Million
    Meiji Seika Pharma, Adcock Ingram Pharma Complete Construction of New Manufacturing Facility
    JSR Life Sciences Consolidates KBI Biopharma and Selexis SA
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Unilever Uses AI for Product Development
    Beautycounter Names New Interim CEO
    Shaz & Kiks Available at Sephora
    Happi

    Latest Breaking News From Happi

    Covergirl Introduces Clean Fresh Yummy Gloss Collection
    Shaz and Kiks Launches at Sephora
    Beautycounter Appoints Board Director Mindy Mackenzie Interim CEO
    Ink World

    Latest Breaking News From Ink World

    ACTEGA, Makro Labelling to Advance Signite Technology
    BCF Requests Greater Urgency on REACH Impasse
    Updated Method Published for Entire BASF Product Portfolio
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    ACTEGA teams with Makro Labelling to advance Signite technology
    Constantia Flexibles and SB Packagings commence joint venture
    Inland donates new VersaStudio printer to local high school
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Mann+Hummel Names President Air Filtration Americas
    KNH Launches Eco-Friendly Menstrual Pads
    Niine Introduces India's First PLA-Based Sanitary Pads
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Enrollment Completed in Anika Therapeutics' Hyalofast Study
    Exactech Releases Next-Gen GPS Shoulder
    Data Shows Favorable Survivorship of MISHA Knee System & Reduction of Arthroplasty Risk in Patients
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    onsemi Presents Path to Accelerate Revenue Growth
    STMicroelectronics Introduces Waterproof MEMS Pressure Sensor
    Graphene Flagship to Join Euro Nano Forum 2023

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login