Integra LifeSciences Opens New Facility in Medina, Ohio
PLAINSBORO, N.J., April 8, 2011 (GLOBE NEWSWIRE) -- Integra LifeSciences Holdings Corporation (Nasdaq:IART) today announced that it has opened a new facility in Medina, Ohio, to house its growing spinal implant business. The facility is equipped with the latest video and communication technology, which will help support global business operations as well as multi-site product development efforts. It also features a state-of-the art Prototype Shop and a medical device mechanical testing laboratory, both designed to enhance the development process and better serve the needs of Integra's customers.
"Integra is delighted to announce its move into a new, larger facility and become part of the Medina community. The new facility will enable Integra to sustain the expected growth of its spine team and better serve our global customers. It is also designed to support a team-oriented environment, fostering employee communications and efficiencies. This wonderful new facility will go a long way toward enabling Integra to respond more effectively to the needs of customers and patients, ultimately helping to improve standards of care," said Brian Larkin, Integra's President, Global Spine and Orthobiologics, and Head of Strategic Development.
The Medina facility expands Integra's presence in Ohio. Integra has another facility in the greater-Cincinnati area, where it manufactures and distributes its MAYFIELD® cranial surgical stabilization systems; distributes many of its extremity reconstruction products; and has marketing and product development for its upper extremities and neurosurgical businesses.
"Medina County's economy is among the healthiest in the region, and we're expecting strong growth in the next few years, thanks to companies like Integra," said Bethany Dentler, Executive Director, Medina County Economic Development Corporation. "Having Integra as a new corporate citizen greatly enhances the diversity of Medina County's business base, which has a growing medical device and health care industry."
Congressman Jim Renacci, OH-16, is speaking at the Grand Opening Ceremony, which is being held Thursday, April 21st from 1:30pm-3:00pm, with an open house running throughout the remainder of the day into the evening. In addition, many local government officials will be in attendance.
Integra LifeSciences, a world leader in medical devices, is dedicated to limiting uncertainty for surgeons, so they can concentrate on providing the best patient care. Integra offers innovative solutions in orthopedics, neurosurgery, spine, reconstructive, and general surgery. For more information, please visit www.integralife.com.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements concerning the products and services provided by Integra. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from predicted or expected results. Among other things, the willingness of surgical professionals to use Integra products may affect the prospects for their use in surgical procedures. In addition, the economic, competitive, governmental, technological and other factors, identified under the heading "Risk Factors" included in Item IA of Integra's Annual Report on Form 10-K for the year ended December 31, 2010 and information contained in subsequent filings with the Securities and Exchange Commission could affect actual results.
MAYFIELD is a registered trademark of SM USA Inc. and is used by Integra under license.
CONTACT: Integra LifeSciences Holdings Corporation
Gianna Sabella
Director, Corporate Communications
(609) 936-2389
gianna.sabella@integralife.com