Global medical device outsourcing provider Heraeus Medical Components (St. Paul, MN) has acquired Pulse Systems (Concord, CA), which provides high-precision laser processing and manufacturing of Nitinol and other metal-based implants and delivery systems.
A key reason for the acquisition is the increasing importance of vascular access and delivery systems to enable new therapies, explains Peter Reimer, President of Heraeus Medical Components. Pulse Systems’ center of proximity is located in a key medical technology innovation and incubation hub in the Bay Area, which will also strengthen Heraeus’ global R&D footprint, he adds.
Pulse Systems provides contract development and manufacturing to medical device OEMs to support complex implants and delivery systems. The company’s extensive expertise in precision laser machining and processing services supports customers’ broader needs for metal components and subassemblies. The acquisition will extend Heraeus’ capabilities by leveraging Pulse Systems’ advanced technology, materials expertise, and competence in the processing, development, and manufacturing of Nitinol and tube-based technologies. This will allow Heraeus to offer improved value for stents, laser-cut hypotubes, and flexible shaft technologies for catheters.