Resonetics Acquires EaglePicher Medical Power

Resonetics has announced its acquisition of EaglePicher Technologies' Medical Power business, a Vancouver-based manufacturer of implantable batteries for critical medical devices.

EaglePicher has been designing and manufacturing batteries for medical devices for over 25 years and produced one of the first lithium-ion cells for an implantable medical device.

The site in Vancouver features a modern facility spanning 60,000 square feet, with extensive application engineering resources and manufacturing expertise. Chris Huntington, President, EaglePicher Medical Power, will join Resonetics as its Chief Commercial Officer.

"EaglePicher Medical Power brings another innovative manufacturing capability to Resonetics that will enable our customers to advance the state-of-the-art in clinical applications requiring miniaturized bioelectronic devices," said Tom Burns, President and CEO, Resonetics. "We believe integrating this essential battery technology into our core micro manufacturing and sensor capabilities uniquely positions Resonetics as a leading supplier to companies pursuing miniaturized implantable and wearable devices to address unmet clinical needs." Added Kevin Hartke, Chief Technical Officer, Resonetics, "We've been able to collaborate with the EaglePicher team and see a lot of synergies. We will invest further in their best-in-class battery solutions by implementing a Lightspeed Application Development Lab for battery solutions to compress development cycles and help our customers reduce their time to market."

"We're excited to welcome the team in Vancouver to Resonetics and to have Chris Huntington join our senior leadership team," said Tom Burns. "Chris brings a wealth of MedTech experience gained over the last 20 years in the industry, including leadership positions with Stryker and Symmetry Medical in addition to EaglePicher." Chris Huntington, CCO, Resonetics, commented, "I've enjoyed leading EaglePicher's Medical Power division over the last three years, and I look forward to joining Resonetics to support the company's continued growth in advanced engineering and manufacturing solutions for the life sciences industry."

The company has successfully completed eleven acquisitions in the past five years and has employed over 1,900 people that operate out of 14 sites located in major medical technology markets with facilities totaling more than 650,000 square feet.