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ConvaTec takes over 180 Medical Holdings

ConvaTec, a developer of cardiovascular technologies, has purchased all the assets of 180 Medical Holdings.

180 Medical is involved in home delivery of disposable, intermittent catheters and urologic medical supplies in the $1bn US market.

180 Medical founder and CEO Todd Brown said in recent years, the company has grown with a distinctive approach to customer care, whose personal experience following a spinal cord injury helped shape its business model.

"Together with ConvaTec, we look forward to continuing to provide quality services and support for patients who self catheterize," Brown added.

ConvaTec CEO Ken Berger said, "180 Medical significantly strengthens ConvaTec’s position in the fast-growing U.S. self-catheterization market, with a proven and successful home-delivery model."