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Resonetics and Ingpuls partnered to form Ingpuls Medical GmbH.
With nitinol ingot supplied by Ingpuls, Ingpuls Medical plans to serve the orthopedic and medical device industry by developing and producing high-quality nitinol tubing, wire, sheet and powder, leveraging Ingpuls’ innovations in shape memory alloy materials and Resonetics’ expertise in tubing fabrication and nitinol processing.
The companies will work together to advance nitinol material used for implants and in instruments worldwide. Resonetics will be the exclusive distributor of Ingpuls Medical materials and will work with all levels of the medical device supply chain.
“We have been impressed by the advancements Ingpuls has made in the purity of their nitinol material and the potential it offers to enhance the performance and life of critical medical device implants and components,” said Tom Burns, President & CEO of Resonetics. “Along with their extensive experience in metallurgy, the three founders at Ingpuls bring a passion for quality and speed that aligns perfectly with our culture at Resonetics.”
Christian Großmann, CEO of Ingpuls, added, “We see a total fit in the cooperation with Resonetics in terms of scientific expertise, customer focus, innovation, and agility! Our joint venture maps directly with customer needs for high-performance nitinol implants, enhanced delivery devices, and cost-effective solutions.”
Ingpuls Medical will be based in Bochum, Germany, in a new building adjacent to Ingpuls’ current headquarters and production facility to capitalize on synergies with Ingpuls GmbH as well as Resonetics’ tubing fabrication facility in Puidoux, Switzerland.
Source: Resonetics
