Lithotech Medical
Invasive Medical Devices Based on Nitinol Alloy
Company Overview
Snapshot
Founded in February 2001, Lithotech Medical operated with 51–200 employees, specializing in invasive medical devices. The company was acquired by Vention Medical in January 2017.
Business overview
Lithotech Medical develops invasive medical devices utilizing Nitinol Alloy (NiTi). The company provides a comprehensive range of OEM services, from initial concept development through design verification and process validation, to full-scale mass production. Its products are applied across various medical fields, including urology, cardiovascular, gastroenterology, and other surgical medical device applications, serving the Health Tech & Life Sciences sector.
Strategic signal
In January 2017, Lithotech Medical was acquired by Vention Medical. This acquisition signals a strategic consolidation within the medical device industry, indicating Vention Medical's interest in expanding its portfolio of Nitinol-based invasive medical technologies and integrating Lithotech's OEM capabilities.
Company Intelligence Q&A
- What is Lithotech Medical's primary focus?
- Lithotech Medical specializes in developing invasive medical devices based on Nitinol Alloy (NiTi) for various medical applications, including urology, cardiovascular, gastroenterology, and other surgical devices.
- When was Lithotech Medical founded?
- Lithotech Medical was founded in February 2001.
- What OEM services does Lithotech Medical provide?
- Lithotech Medical offers a wide range of OEM services, covering everything from early-stage concept development and design verification to process validation and complete mass production.
- What was a significant corporate event for Lithotech Medical?
- This acquisition allowed Vention Medical to expand its portfolio of Nitinol-based invasive medical technologies.
- What types of medical applications do Lithotech Medical's products serve?
- Lithotech Medical's products have various medical applications, including urology, cardiovascular, gastroenterology, and other surgical medical devices.