Cardiac medical device company opens $42M plant

Terumo Cardiovascular, an Ann Arbor, Mich.-based medical devicemaker that specializes in cardiac and vascular surgery products, has opened a $42 million, 157,000-square-foot facility in Costa Rica. 

Advertisement

It’s the first company to manufacture this equipment in the country, according to a Sept. 15 news release. 

Operations serving American and Australian companies began Aug. 3, and Terumo plans to open its supply to customers in Europe, the Middle East and Africa in early 2023.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Supply Chain

  • Aurora, Colo.-based UCHealth Vice President of Supply Chain Richard Bagley has retired after more than four years with the health…

  • The FDA has flagged eight medical device recalls, corrections and early alerts affecting convenience kits, vascular access devices, IV administration…

Advertisement

Comments are closed.