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  • Conversation: SCOTTISH MEDICAL DEVICE FACTORY SECURES £33M INVESTMENT

    • February 12, 2018 1:05 PM GMT
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      SCOTTISH MEDICAL DEVICE FACTORY SECURES £33M INVESTMENT

      Tokyo-based Terumo Corporation has announced an investment of £33m in Vascutek Limited, one of its subsidiary companies located near Glasgow.
      The investment has been approved for the expansion of Vascutek’s headquarters and manufacturing facility in Renfrewshire, to help drive further growth for the global medical device company.
      Vascutek produces a wide portfolio of implants with a particular focus on treating patients with aortic disease. These implants have helped to save or improve the lives of over 2 million patients in over 100 countries worldwide. Over 90% of the products made at Inchinnan are exported.
      The investment will be used to scale up existing facilities at the site, including two new ‘cleanrooms’ – a carefully controlled manufacturing environment required for the production of the highest quality medical implants.
      Read more: http://bit.ly/2smZtzN

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