| Medical Compounds Company Expands TPE 
Range A medical compounds company will expand its thermoplastic 
elastomer (TPE) compounds range for healthcare and other applications. Colorite, a Tekni-Plex business, is adding 12 grades to its 
TPE formulations which will be used for IV therapy and medical devices. Heath Schmid, director of business development at Colorite, 
said: “Changes in regulations and market conditions are prompting medical device 
manufacturers to look for solutions via other materials. The Cellene TPE 
compound line is ideal for medical device manufacturers and others looking for 
alternatives to PVC, phthalate-plasticized compounds and various rubber 
materials. The line expansion will assist in reducing the development cycle and 
provide manufacturers with greater options to obtain the durometer rating 
required for their applications.” 
https://www.medicalplasticsnews.com/news/medical-compounds-company-expands-tpe-range/ 
 Peters Surgical Invests Euro 5 Million To 
Expand India Plant Peters Surgical, which has presence in 90 countries, is also 
open to more acquisitions in India. Three years after having acquired a controlling equity stake 
in Gurgaon-based Stericat, French medical devices company Peters Surgical SAS 
has invested over Euro 5 million to expand its existing manufacturing facility 
in India. Peters Surgical, which has presence in 90 countries, is also open to 
more acquisitions in India. “We want to enrich our portfolio of products,” said 
Thierry Herbreteau, CEO Peters Surgical. “We believe we have to do more and more 
and if you buy a quality partner and make it a part of your journey, it works 
very well.” Rajeev Das, CEO, of Peters Surgical’s India operations, said: 
“We are open to acquisitions, it could be products, companies, distribution 
channels, depending on the market we address…where we want to expand our 
portfolio. We we want to move into new markets…we are dynamic and open. These 
are strategic plans, we don’t have numbers at this point in time, but we are 
evaluating and seeing what are the strategic areas.” While, the company has increased its production capacity to 
33 million surgical sutures a year, it also plans to manufacture products such 
as surgical clips, single-use instruments for laparoscopic surgery, surgical 
meshes and tissue glues at its Manesar facility in Haryana. Founded in 1926, Peters Surgical is the second-largest wound 
care company in France. 
https://www.ifcci.org.in/news/n/news/peters-surgical-investseur5-million-to-expand-india-plant.html 
 HMD procures 2018 Good Design Award in Japan Recently Hindustan Syringes & Medical Devices 
Ltd (HMD) became the first set of Indian Manufacturers of Disposable Medical 
Devices to achieve MDSAP certification. Hindustan Syringes & Medical Devices Ltd (HMD), 
one of the largest manufacturers of Disposable Syringes in the World and the 
largest for Auto Disable syringes has been awarded the prestigious ‘2018 Good 
Design Award’ for HMD’s Safety IV Cannula - Cathy Sipclipearning recognition in 
the category of Medical Care Products at the Good Design Award 2018 hosted by 
the Japan Institute of Design Promotion in Japan. The auto protection technology of Safety I V 
Cannula Cathy SipClip is designed to provide Involuntary Activated Safety due to 
presence of a protection device SipClip which encapsulates the tip of the used 
needle, when introducer needle is extracted from the Catheter. The Good Design Award was founded in 1957 as 
the Good Design Product Selection System (or G Mark System), by the Ministry of 
International Trade and Industry (the current Ministry of Economy, Trade and 
Industry). It is the only system in Japan to comprehensively evaluate and 
recommend design and the G-Mark carries substantial International Prestige. 
https://www.biospectrumindia.com/news/74/11961/hmdprocures-2018-good-design-award-in-japan.html |