- Strengthens Urology portfolio in Europe and Developed markets.
Bangalore, India, July 07,2021: Healthium, a global player in medical devices, announced that it has acquired VitalCare Group, a manufacturer of urology consumable careproducts,through its subsidiary Clinisupplies Ltd. This acquisition will help Healthium expand its urology franchise in Europe and other developed markets.
Healthium has a diverse portfolio of medical devices and consumables, whichincludessurgical sutures, needles, a patented arthroscopy portfolio, urology portfolio, hernia meshes, haemostats, gloves, ligation clips, surgical staplers and other wound closure devices. The Company holds 60patents in India and U.S (including those under process).
VitalCareis a manufacturer of urology consumable care products,with relationships with healthcare customers worldwide. The company is headquartered in U.K.with manufacturing operations in China.
With the acquisition of VitalCare,Healthium adds to its manufacturing capabilitiesin urology and boostsits in-house R&D,which will strengthenits presence in the urology segment inEurope and the U.S.Mr. Lewis Calcutt, Managing Director, VitalCare will continue with the company, building on its global presence and creating a truly differentiated product portfolio.
Commenting on the acquisition Mr. Anish Bafna, MD & CEO, Healthium Medtech said, “It is our ambition to cater to needs of India and the world when it comes to quality medical devices and consumables. We continue to invest in R & D as we aim to make products that address unmet needs of patients and medical professionals. The acquisition of VitalCarewill bring together global talent, diverse cultures, differentiated expertise, strengthen ourproduct portfolio and presence in Urology care to drive continuous value for our customers. The combined leadership and synergies in offerings from both companies will further strengthen distribution, offer more choices to our customers and enable us to deliver better patient care worldwide.”
Mr. Paul Cook- CEO Clinisupplies also added, “Given the rapid changes we are witnessing in the global healthcare system, the time is right for both companies to join forces and take on the larger marketopportunity. The acquisition will help us expand our footprint inEurope and U.S. Together, we will continue to focus on bringing forward best in class and innovative solutions that will continue to redefine urology care.”
Mr. Lewis Calcutt, Managing Director, VitalCare said, “We are extremely excited about our association and are looking forward to expanding our urology care portfolio under the leadership of Healthium. This relationship will be a strong contributor to our growthand give us access to attractive geographies.”
About Healthium
Healthium is a global player in Medical Devices focused on surgical and post-surgical markets. Healthium is focused on developing and manufacturing quality products to meet the needs of patients and healthcare professionals with a diverse portfolio that includes a patented Arthroscopy range, a full range of Absorbable, Non- Absorbable and specialty surgical sutures, urology portfolio, and wound closure products including Meshes, surgical staplers, ligation clips and Haemostats. Healthium has manufacturing facilities across India and the company holds over 60 patents in India and the U.S.(including those under process).
About Clinisupplies
Clinisupplies, a subsidiary of Healthium, is based in Watford, U.K. with presence in U.K., Netherlands and Ireland. Founded over 20 years ago, it has a portfolio of products in Urology, Wound Care and Wound Closure. It partners with NHS to supply quality and cost- effective urology consumable products.
About VitalCare
VitalCare designs and manufacturesurology consumable products and supplies to leading healthcare customers worldwide. Thecompany was founded close to 20 years ago by founder and current Managing Director Lewis Calcutt. Itisheadquarteredin U.K. and the manufacturing is based in China.
For more details, please contact:
Riti Ray
Adfactors PR
riti.ray@adfactorspr.com
+91 9886989898
