Medical Design Briefs - August 2021 - 38

Sponsored Content
Zeus Industrial Products to Integrate Catheter-Based
Contract Manufacturer CathX Medical
Zeus Industrial Products
Orangeburg, SC
Zeus Industrial Products, Inc., a global leader in advanced
polymer solutions, has finalized an agreement to integrate
CathX Medical Inc. (CathX) into its organization. Based in
San Jose, CA, CathX is a medical device contract manufacturer
that offers customers a single source for catheter design
engineering services, rapid prototyping, manufacturing, and
full or sub-assemblies. CathX leadership will continue to manage
the San Jose facility, services, and team members under
the global leadership of Zeus president and CEO
Steve Peterson.
Zeus' core business has always been and remains
component manufacturing across medical and
industrial markets. However, the integration with
CathX extends the company's capabilities serving
medical customers to include contract manufacturing
services. As medical device companies and OEMs
face increasing pressure to constantly innovate, solve
complex problems, and bring solutions to market
faster than ever before, Zeus is positioning itself to
increase its strategic value for customers significantly.
Peterson remarks, " As their trusted supply partner,
adding contract design and manufacturing capabilities
is a natural progression for Zeus and our customer
partnerships. We know this capability will help
us better serve our customers' ever-evolving needs. "
" To serve our customers' evolving needs, Zeus has
added catheter-based contract manufacturing capabilities
to the organization. While component manufacturing
has always been and remains our core business,
adding contract design and manufacturing
capabilities increases our strategic value for customers.
We believe this development is a natural progression
for Zeus and our customer partnerships.
This move aligns with our corporate strategy and is
pivotal to our organization's continued success. We
are thrilled to welcome the CathX team to our Zeus
family, " says Peterson.
The integration also provides important advantages
for CathX customers. As part of a well-established,
global organization, CathX customers will
benefit from Zeus' extensive R&D facilities, comprehensive
product lines, and high-volume manufacturing
capabilities across North America and internationally.
" With
access to greater resources, we can deepen
our customer partnerships by offering increased support,
stability, and opportunities, " says Suresh
Sainath, co-founder and president of CathX Medical.
" We are excited to expedite plans to expand our
team and San Jose facility so that we can continue to
collaborate closely with customers in delivering outstanding
innovation and customer successes well into
the future. "
38
Intro
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However, underpinning the decision for both organizations
is their strong cultural alignment. " Like Zeus, CathX is very
much a 'people-first' company, " says Peterson. " We share the
same core values across excellence, people, integrity, and creativity
and are delighted to welcome the entire CathX team
into our Zeus family. "
As a family-run business for 55 years, a major draw for
CathX is the family oriented culture at Zeus and its long-term
Zeus President & CEO, Steve Peterson, and CathX President, Suresh Sainath, with
company leadership.
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Medical Design Briefs - August 2021

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