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Accellent new name for post-MedSource UTI:

UTI, a contract manufacturing, design and engineering company serving the medical device sector, has been renamed Accellent. The change comes after the firm acquired Minneapolis, Minnesota-based MedSource for $230m in June. The new group will be headquartered in Boston, Massachusetts, and will retain a key manufacturing centre at Collegeville, Pennsylvania. The company has three divisions: orthopaedics and endoscopy (both based in the Boston area); and cardiology, in Minneapolis.

UTI, a contract manufacturing, design and engineering company serving the medical device sector, has been renamed Accellent. The change comes after the firm acquired Minneapolis, Minnesota-based MedSource for $230m in June. The new group will be headquartered in Boston, Massachusetts, and will retain a key manufacturing centre at Collegeville, Pennsylvania. The company has three divisions: orthopaedics and endoscopy (both based in the Boston area); and cardiology, in Minneapolis.

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