Steeper Group acquires College Park Industries' Espire Elbow - MassDevice

Espire Elbow Pro (Image from Steeper Group)

Steeper Group announced today that it completed the acquisition of College Park Industries’ Espire Elbow prostheses range.

Leeds, England-based Steeper Group completed the transaction after a COVID-19-forced delay. After the FTC approved Össur’s acquisition of College Park Industries, the three parties agreed to the delay, but are now able to complete the transaction.

Espire Elbow is a range of five models designed to reflect the anatomical shape of the elbow, offering intuitive control of the prosthetic elbow joint and giving users an opportunity to complete everyday activities like lifting and carrying.

Steeper Group intends to continue growth in the United Kingdom and U.S. to provide more manufacturing and technical support for the Espire range. The companies are now entering into a six-month transition period in which College Park Industries experts will share knowledge and skills with their Steeper Group counterparts, according to a news release.

“We are thrilled to be able to add the Espire Elbow range to our upper limb product portfolio,” Steeper Group CEO Paul Steeper said in the release. “This deal has been in discussion for almost a year and the COVID-19 pandemic has proved a huge hurdle, however the time is right to seize the opportunity to grow our business.”

RSS From Medical Design & Outsourcing

  • Medical device litigation and COVID-19: What you need to know
    The COVID-19 pandemic is creating a new set of medical device litigation challenges — but also a chance for an industry reset. One of Greenberg Traurig’s top medtech litigation lawyers shares her insights. Sara Thompson doesn’t take any guff when she tells people that she defends medical device and pharmaceutical companies from lawsuits. “I say,… […]
  • Mayo Clinic needed to engineer its way through COVID-19. Here’s what they did.
    The health system’s medical and engineering staffs had to devise their own solutions for lab gear, PPE and operating room air decontamination. Tom Salemi, DeviceTalks Editorial Director As COVID-19 settles into several regions of the U.S., healthcare systems that once sat on the sidelines likely will find themselves in the same situation as their counterparts… […]
  • Xenco Medical launches porous spinal implant
    Xenco Medical this week said it launched its Cancellex porous titanium lumbar interbodies. The injection-molded titanium foam spinal implants are designed to be pre-attached to disposable, composite polymer instruments. They feature interconnected porosity throughout each implant and are designed to promote bone apposition and facilitate vascularization Each implant is sterile packaged and comes pre-attached to… […]
  • Applied Plastics adds VP of sales
    Applied Plastics (Norwood, Mass.) — maker of PTFE-coated products for advanced catheter systems — announced today that Michael Brown has joined the company as VP of sales and marketing. Brown will be responsible for global sales and marketing, including Applied Plastics’ new online store, which offers shipment within the U.S. and Europe. The company recently… […]
  • Heraeus Medical Components opens new Collaboration Hub outside Minneapolis
    Heraeus Medical Components recently announced that it has opened a new nearly 67,000-square-foot Collaboration Hub in the Minneapolis-St. Paul medtech cluster. The Collaboration Hub — a completely new location near the Heraeus’ existing Fridley, Minn. facility — is meant to provide the company’s customers with the opportunity to work on-site with Heraeus Medical component R&D… […]
  • Pantheon Surgical acquires sacroiliac screw system
    Pantheon Surgical recently announced its acquisition of the Topaz/Compressive sacroiliac screw system. Pantheon Surgical acquired the technology from Osseus Fusion Systems, which will continue to distribute the Blue Topaz/Compressive system. Financial terms of the deal were undisclosed. “I’m excited about the transfer acquisition of the Blue Topaz/Compressive system into the Pantheon armamentarium. I look forward… […]
  • What is a medical ventilator and how does it work?
    The ventilator has come to the fore as a vital piece of equipment during the COVID-19 pandemic. Put simply, ventilators exist to help patients who can’t breathe, breathe. The novel coronavirus’ attack on the respiratory system brought ventilators into the spotlight, forcing the U.S. to turn to its strategic national stockpile as manufacturers scrambled to… […]
  • Why FDA put the pedal to the metal for radar and hummingbirds. And why medtech needs Google.
    In this week’s episode of DeviceTalks Weekly, co-hosts Chris Newmarker and Tom Salemi dig into the recent successes by startups Circadia Health and Preceptis Medical, which both saw expedited approval from the FDA due to the pandemic. Circadia Health earned a spot on this year’s “20 medical device startups you need to know” list. Circadia… […]
  • 20 medical device startups you need to know
    The medtech industry isn’t immune from COVID-19 troubles, but exciting innovation continues. These 20 medical device startups have grabbed our attention. Tom Salemi, DeviceTalks Editorial Director and Sean Whooley, Assistant Editor A number of medical device startups continue to make waves across the space, with new technologies and eye-watering fundraising rounds highlighting some exciting prospects.… […]
  • $4.2m project with GE would develop air transport vital-signs patch
    The Nano-Bio Materials Consortium (NBMC) announced this week that it has launched a project with GE Research to develop a medical-grade wireless patch that monitors the vital signs of medical patients during emergency air transport. The device would advance medical care coordination, records management and patient outcomes in aeromedical evacuation and help drive advances in… […]
  • 6 medical device industry supplier innovations you should know
    Innovative medical devices from original equipment manufacturers (OEMs) get a lot of press. But many of those devices wouldn’t exist if it weren’t for innovative contract manufacturers and suppliers. Working with materials as pliable as as polyester and as strong as stainless steel, these companies are always innovating to create new or improved components that… […]