Medical Innovation Exchange

Veranex Acquires Fusion Biotec



Global, tech-enabled service provider to the MedTech industry Veranex has acquired Fusion Biotec, a design and engineering firm for complex electro-mechanical diagnostic instrumentation and medical devices located in Orange, California.

Fusion boasts a 15,000-square-foot facility in Orange, California, and an in-house team of more than 45 engineering experts, who largely serve medical device and life sciences clients in rapidly developing end-to-end diagnostic instrumentation. The acquisition expands Veranex’s footprint for product design engineering services across the U.S., with combined company offices now in the Eastern, Central, and Western regions, as well as market access and regulatory, quality, and clinical expertise throughout Veranex’s global operations.

“The COVID pandemic has underscored the need for more affordable and reliable rapid diagnostic testing on a massive scale as well as the need for testing closer to the patient,” said Veranex CEO Tom Daulton. “Fusion’s similar methodologies and expertise fits seamlessly into Veranex’s robust Product Design & Engineering solutions group, which has multifaceted capabilities, including diagnostic devices, IVD, and life science development, regulatory, quality and marketing expertise as well as FDA-regulated manufacturing support—all essential for bringing novel diagnostic technology to the market.”

Related Articles

  • Veranex logo

    The acquisition expands Veranex’s European footprint as well as the scale and scope of its clinical studies capabilities.

  • Spring Design in Product Development

    If required in the product, the spring is probably the least expensive component of the assembly. However, if it does not function as intended or fails, it can become a warranty issue which can be quite expensive as far as…

  • Wearable Cloud, Medical Device Connectivity

    Although the cloud offers great value for medtech manufacturers and device users, it also creates new challenges.

  • Much of this involves communicating with your customer, and doing it often.


Original post:

Post publish date:


Leave a Comment

Your email address will not be published. Required fields are marked *

Leave the field below empty!