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Helix Medical expands role in advanced catheter systems

Helix Medical (Carpinteria, CA) is boosting its global footprint with the acquisition of a 50% share in Cambus Medical (Spiddal, Ireland) as of January 2013. Under an agreement announced today, Helix Medical will also provide expansion financing this year for Cambus Medical, which is a manufacturer of high-precision hypotubes and micro-component solutions for advanced catheter systems.

Helix Medical is a global custom manufacturer for the medical device and healthcare industries with manufacturing in California, Massachusetts, Costa Rica, Germany, Ireland, and China. The Cambus Medical manufacturing plant is located near Galway, Ireland. Its manufacturing capabilities include injection molding, EDM and ECM machining, laser precision cutting, laser welding and marking, assembly, and packaging.

Helix Medical also holds a 50% share in the Irish company VistaMed, a designer and manufacturer of specialty catheter systems and extruded medical tubing. VistaMed's Chairman, John O'Shaughnessy, is also Chairman of Cambus Medical. Helix said that its partnership with Cambus Medical allows it to offer a full range of components and design and manufacturing services for minimally invasive surgery devices.

"Cambus adds another key technology component to our portfolio and represents an important milestone in our long-term strategy to build a comprehensive global organization that serves as a strategic partner to medical device manufacturers," said Dr. Jorg Schneewind, president and CEO of Helix Medical in a press release.

"With its industry-leading technology and experienced management team, Cambus Medical is ideally positioned to serve the fast-growing market for high-precision catheter components, and complements the catheter business of our partner VistaMed," said Dr. Max Kley, president of Helix Medical Europe.

Established in 1984, Helix Medical operates FDA-registered medical device facilities, certified ISO 13485 with Class 7 & 8 cleanrooms. Cambus Medical was founded in 2006.

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