Sam Brusco, Associate Editor12.06.23
Nissha Medical Technologies began a deal to acquire the majority equity of Isometric Micro Molding. Specifically, the company will take a majority stake in Isometric Intermediate LLC, which owns the Isometric group of companies.
Nissha said the acquisition is expected to be completed by the end of 2023. The company is a contract design/development and manufacturing organization (CDMO) that focuses on design, development, and manufacturing of minimally invasive surgical instruments and medical wearables.
“Isometric’s proprietary tooling and process technologies for micro-molding have positioned them as trailblazers in achieving single micron tolerances,” Nissha said in a press release. “Their micro-formed products have significantly contributed to the miniaturization of endoscopic and surgical devices, enhancing functionality and driving improved patient outcomes. With in-house expertise in tool making, molding process controls, advanced metrology, micro 3D printing, and micro-assembly automation platforms, Isometric has become a trusted solution provider in the development, and manufacturing of micro-formed parts and assemblies.”
The deal for Isometric builds on Nissha’s recent partnership with EndoTheia, which specializes in endoscopic device design and development.
“…now with Isometric’s micro-molding capabilities, our combined strength is set to redefine the landscape of minimally invasive surgical instruments and surgical robotics,” the company said. “Together, we aim to meet the evolving needs of medical devices, enhancing component miniaturization and improving the maneuverability of small and precision components, ultimately contributing to improved medical efficiency.”
Nissha said the acquisition is expected to be completed by the end of 2023. The company is a contract design/development and manufacturing organization (CDMO) that focuses on design, development, and manufacturing of minimally invasive surgical instruments and medical wearables.
“Isometric’s proprietary tooling and process technologies for micro-molding have positioned them as trailblazers in achieving single micron tolerances,” Nissha said in a press release. “Their micro-formed products have significantly contributed to the miniaturization of endoscopic and surgical devices, enhancing functionality and driving improved patient outcomes. With in-house expertise in tool making, molding process controls, advanced metrology, micro 3D printing, and micro-assembly automation platforms, Isometric has become a trusted solution provider in the development, and manufacturing of micro-formed parts and assemblies.”
The deal for Isometric builds on Nissha’s recent partnership with EndoTheia, which specializes in endoscopic device design and development.
“…now with Isometric’s micro-molding capabilities, our combined strength is set to redefine the landscape of minimally invasive surgical instruments and surgical robotics,” the company said. “Together, we aim to meet the evolving needs of medical devices, enhancing component miniaturization and improving the maneuverability of small and precision components, ultimately contributing to improved medical efficiency.”