ST. LOUIS, Jan. 6, 2012 /PRNewswire/ -- Pepex Biomedical, Inc., a privately held company that has developed an all new proprietary sensor technology known as "CCM™", announced today it has reached an agreement with The Tech Group , a division of West Pharmaceuticals Services, Inc., to be the premier manufacturer of the Trio™ systems and sensor modules. The seven year contract also includes development and engineering services from Insight Product Development, whom will take over primary responsibility of design development and assist with transitioning to full scale manufacturing on custom equipment built by the Mikron Automation. Pepex will take delivery of its first production cell, a Mikron G05 V4 to be used as a pilot production unit in the next few weeks.
"This is more than just a milestone for us," according to Pepex CEO, Steve Collins. "After a long and comprehensive search it was ultimately the extraordinary effort by The Tech Group, Insight, and Mikron that proved to us that they are the kind of partners we want to be in business with. The synergies between these three companies and history of working together are so exceptional that Pepex believes this is just the tip of the iceberg in what will be a long and rewarding relationship."
The Trio™ meter is a fully-integrated, single-point blood glucose monitoring system. The heart of the system is the Pepex CCM™ (Conductive Composite Monofilament) sensor nanotechnology. This patented nanotechnology is manufactured as a continuous monofilament, about the diameter of a human hair. The CCM™ sensors are individually housed in miniature "sensor modules" pre-arranged in to an easy side-load cartridge with up to a week's supply of tests. NO MORE HANDLING STRIPS - eliminating errors from contamination and user interface for more accurate and dependable results.
The Tech Group is a global leader of injection molding and contract manufacturing services for the medical device and pharmaceutical industries. With manufacturing sites throughout Arizona, Michigan, Indiana, Pennsylvania, Puerto Rico and Ireland, The Tech Group has the manufacturing footprint and engineering depth to manage complex product launches from concept design through full commercialization. The Tech Group's commitment to regulatory compliance combined with its culture of continuous improvement provides the framework for a unique and competent partner in the medical device industry. The Tech Group is a subsidiary of West Pharmaceutical Services, Inc., a global leader in innovative system and component solutions for injectable drug administration.
Insight Product Development provides design and Innovation to clients on a global scale. Employing human factors engineers, researchers, designers and engineers, Insight has a medical device development background and set of experiences unrivaled in the medical product design industry. Since our founding in 1988, we have completed 320 medical device programs and performed over 30,000 hours of research for clients all over the world. Our work has provided significant market success for our clients and has helped to save the lives and improve the quality of life of countless patients.
Mikron Automation is one of the world's leading manufacturers of customized, high performance, high output assembly automation and test solutions for products that you can hold in your hand. Mikron Automation has built its reputation on cutting-edge, standardized, self-developed products, which stand out - thanks to their modularity, high degree of flexibility and precision. This guarantees fast and efficient project completion, and enables customers to quickly modify their production in line with market changes at any time, while also facilitating step-by-step investment and ensuring a prompt return on that investment.
Pepex is a privately held a medical device company specializing in the development, manufacturing, and marketing of disposable, miniaturized electrochemical biosensors. The company protects its market opportunities with 64 patents which encompass a broad spectrum of proprietary including sensor chemistry and architecture, to wireless communications for the sensors, to laser welding manufacturing processes. Pepex' biosensors are the heart of a pipeline of life altering products for medical diagnostics and intervention. The company is led by a team of business and scientific professionals experienced in the biomedical field and populated by a development staff with a successful track record of delivering next generation biomedical devices to market. For more information, please visit www.pepex.com.
For more information about Pepex or to talk with Steve Collins, please call 314-633-5053 or email firstname.lastname@example.org.
|SOURCE Pepex Biomedical, Inc.|
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