Translumina acquires Blue Medical Devices, Netherlands
The acquisition shall also enable Translumina to use the patented Drug application technology of Blue Medical in other product lines in peripheral and neurovascular interventions complimenting its leadership in unique and innovative dug coating recipes.;
New Delhi:Translumina has announced the acquisition of Blue Medical Devices, a Wellinq group company, based out of Helmond, Netherlands. The company incorporated in 2013 produces an innovative basket of balloon catheters including Drug Coated Balloons (DCB) and other speciality balloons for complex coronary interventions.
Wellinq's CEO, Sander Hartman, stated: "Becoming part of Translumina, which is an emerging front runner in building a great product- and technology portfolio in coronary and structural heart interventions across the world, marks the beginning of an exciting new chapter for Blue Medical. We are convinced that Blue Medical's next-generation Drug Coated Balloon catheters have a tremendous market opportunity with the global sales and marketing network of Wellinq's long term partner Translumina."
"Notably, Blue Medical DCB catheters, Protégé NC and Protégé SC, significantly overcome the limitations of current DCB technologies and offers high efficacy and safety," the release stated.
The EU-MDR approved DCB catheters have a unique offering of a non-compliant and a semi compliant version. The technology involves a patented drug application technology that prevents any drug loss during the advancement of the device to the lesion resulting in high concentration of the drug at the targeted site.
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