Arizona-based Confluent Medical announces entry into Hyderabad
For the first time in India, the company would be introducing high-end technology for manufacturing of Nitinol products.
Hyderabad: Arizona-based, leading medical devices company, Confluent Medical Technologies, will be establishing a pilot manufacturing facility in Hyderabad.
For the first time in India, the company would be introducing high-end technology for manufacturing of Nitinol products.
The company aims to bring latest technological advances in Hyderabad, right
from simple and delicate wireform devices to complex and unique laser cut designs. The facility will cater to the customers in India and Asia.
The company made this announcement after Industries Minister KT Rama Rao’s meeting with Dean Schauer, Director, Chief Executive Officer & President, Confluent Medical in the USA.
Mr. Jayesh Ranjan, Principal Secretary, Industries and Commerce Department and other officials from Telangana Government also participated in the meeting.
The Confluent team briefed the Minister that Confluent Medical recently announced strategic investment from TPG capital to fuel their next stage of growth and expansion.
It also announced its aggressive expansion plans for the next 12 months.
The company’s objective is to bring high end medical technology to India and Hyderabad has been chosen for Confluent’s entry into the country. Confluent will also be working on bringing its biomedical textile services from concept, design to full-scale production.
Industries Minister K.T Rama Rao said that “I am extremely happy to note that Confluent Medical Technologies has chosen Hyderabad, Telangana to mark its entry in India. MedTech is one of the strategic focus sectors for the Government of Telangana and we are happy to offer all necessary support to Confluent Technologies to expand in Telangana. I’m looking forward to further bolster the partnership between the State of Telangana and Confluent Medical Technologies to strengthen our leadership position in life sciences, and in particular, the medical devices sector.”
Confluent Medical Technologies offers an array of Nitinol contract manufacturing services to the medical device industry.
Confluent Medical Technologies is a leading materials science, development and manufacturing partner to medical device manufacturers.
Confluent Medical supports the design, development and manufacturing of life-saving implants, minimally invasive delivery systems and other medical devices utilized in some of the most innovative and technologically challenging applications in the medical device industry including many of the world’s leading medical device OEMs as well as innovative small- and mid-sized companies.
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