Accellent new name for post-MedSource UTI:
This article was originally published in Clinica
Executive Summary
UTI, a contract manufacturing, design and engineering company serving the medical device sector, has been renamed Accellent. The change comes after the firm acquired Minneapolis, Minnesota-based MedSource for $230m in June. The new group will be headquartered in Boston, Massachusetts, and will retain a key manufacturing centre at Collegeville, Pennsylvania. The company has three divisions: orthopaedics and endoscopy (both based in the Boston area); and cardiology, in Minneapolis.