M&A Vascular

Smiths Medical acquires Access Scientific

Smiths Medical announced today that it acquired the business of broad-spectrum vascular access and infection prevention company Access Scientific.

Financial details of the acquisition were not released.

San Diego-based Access Scientific develops the range of Powerwand midline and extended dwell catheter products and is set to add to Smith Medical’s vascular access product portfolio.

The Powerwand portfolio products have been observed in recent clinical studies to show no occurrence of bloodstream infections associated with use, according to a news release. Smith Medical said it will add to its already existing Jelco IV catheter and Port-A-Cath products.

“Smiths Medical’s acquisition of Access Scientific, enhances our commitment to patient care and outcomes, driving category leadership in our existing vascular access portfolio,” Smiths Medical CEO JehanZeb Noor said in the release. “We believe this acquisition enhances our position as a trusted medication management solutions company. During this time of uncertainty, we feel privileged to offer our customers on the frontlines more choices for treating their patients.”

Original Article: (https://www.massdevice.com/smiths-medical-acquires-access-scientific/)

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