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Home > News > Corporate News

WACKER acquires US-based Bio Med Sciences Inc.

Source:Adsale Plastics Network Date :2024-06-04 Editor :VC
Copyright: This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

WACKER has acquired the manufacturing assets and know-how of US-based Bio Med Sciences Inc. to expand its expertise and business in silicone-coated adhesive products. Both parties have agreed not to disclose the purchase price.

 

Silicones are excellent adhesive solutions due to their superior skin compatibility and tunable adhesive properties. The skin fixation market for health care patches and medical devices has been growing in popularity for years.

 

“By taking over Bio Med Sciences’ assets, technology, and know-how, we are now a solution provider for the health care industry,” says WACKER Board Member Christian Kirsten. “This new business perfectly complements our existing solutions of silicone-based gel adhesives for medical and cosmetic applications.”


Wacker_480.jpg

WACKER has acquired a silicone adhesive coating test and development center for applications geared to the medical device and advanced wound care applications in USA. 

 

WACKER will also use the acquired technology as a development platform for innovations in stick-to-skin applications, such as wear-able medical devices and scar care. In addition, customers will have access to new silicone adhesive coated products through contract manufacturing.

 

“We will be able to support coaters who do not use silicones or lack access to assets for coating with silicones”, stated Christoph Kowitz, CEO and President of Wacker Chemical Corporation.

 

The acquired assets and a majority of the workforce will be part of a new legal entity called Wacker Silicone Manufactured Innovations LLC (WSMI). The entity, a wholly owned subsidiary of Wacker Chemical Corporation, will serve customers and offer prototype development, technical, and contract manufacturing services to the medical device and wound care markets.

 

The business is based in Allentown, Pennsylvania, USA. Existing consumer products and related brands will remain with Bio Med Sciences and are not part of the acquisition.


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