Corpak MedSystems, Inc.

Corpak MedSystems, Inc. specializes in critical enteral feeding solutions, providing advanced devices to support patients unable to consume food orally, ensuring safe and reliable nutritional delivery in healthcare settings. Founded in 1979 in Wheeling, US, Corpak MedSystems focuses on enteral feeding solutions. The company was acquired by Halyard Health Inc in April 2016 for USD 174 mn, indicating a strategic expansion in the medical device market.

The firm has been involved in 2 deals to date. Corpak MedSystems offers a comprehensive range of enteral feeding products, including feeding tubes and related devices, designed for adults and pediatric patients. Their products enhance nutritional support in medical environments like NICUs and PICUs, catering to healthcare providers and facilities primarily in North America, Europe, and selected Latin American and Asian markets. Corpak MedSystems generates revenue through direct sales agreements with healthcare providers, including hospitals and clinics.

Their product sales typically involve long-term contracts and bulk purchasing agreements, focusing on high-quality feeding solutions that are critical for patient care. Corpak MedSystems aims to leverage recent funding from Halyard Health Inc to enhance product offerings and expand into new geographic regions. Although specific upcoming products or release dates are not detailed, the acquisition deal suggests a focus on strengthening their market presence. The company is expected to utilize the USD 174 mn allocated from the acquisition for research and development initiatives to support growth strategies.