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3D Systems entered into an agreement to acquire Kumovis, a Munich, Germany-based additive manufacturing solutions provider for personalized healthcare applications. Kumovis’ solutions are built upon their extrusion technology specifically developed for precision printing of medical-grade polymers such as PEEK. With this acquisition, 3D Systems will add an extrusion technology to its polymer printing healthcare portfolio, allowing the company to expand its addressable market for personalized healthcare applications.
3D Systems expects this transaction to close in April of 2022.
“As a pioneer in personalized healthcare solutions, 3D Systems is continuously searching for opportunities to expand our application offerings that will advance healthcare delivery,” said Dr. Jeffrey Graves, president and CEO, 3D Systems. “The addition of the Kumovis team – their expertise and technology – will be highly synergistic to our medical business model. Our proven ability to deliver regulatory-approved, implantable 3D printed medical devices, personalized to improve patient outcomes, to surgeons around the world through our exceptional channel partners, will help ensure that the Kumovis PEEK-based offerings can be brought to market quickly and effectively. Moreover, 3D Systems’ expanding point of care initiatives will be greatly enhanced through the inclusion of Kumovis’ unique ‘integrated clean room’ printing technology, allowing hospitals and other end-users to tailor products on-demand, to meet specific patient requirements in the quickest and most resource-efficient manner.”
The addition of Kumovis’ additive manufacturing solutions will allow 3D Systems to expand its offering for medical devices and point of care markets for the following indications:
- Craniomaxillofacial applications have been a core focus for 3D Systems for many years. Through this acquisition, the company will expand its VSP® (virtual surgical planning) solutions portfolio to include PEEK implant manufacturing in addition to its anatomical model and surgical guidance products for a complete solution that can be bundled for its customers.
- Bone plates for trauma is a new application focus for which Kumovis is developing carbon fiber reinforced PEEK bone plates for trauma and fracture fixation applications. This has the potential to open more opportunities for 3D Systems to penetrate and grow the trauma point of care medical market segment.
- Spinal cages for which 3D Systems is a leader in the development, production, and sale of both implanted parts and systems for in-house production.
Source: 3D Systems
