One of the world’s largest medical device contract manufacturers, Phillips-Medisize is making a business play to provide the technological back end for connected drug delivery devices.Phillips-Medisize used to be all about the housings, assembly and packaging that went into finished drug-delivery devices. Electronics was something that other contract manufacturers did.
Within a few years, the situation has dramatically changed.
Phillips-Medisize — a Hudson, Wis.–based contract manufacturer with thousands of workers at dozens of facilities around the world — has become not only focused on connected drug-delivery devices but also on the data systems behind them. Company officials say they already have more than 25 potential customers in the pipeline for their third-generation Connected Health Platform, an FDA-registered medical device data system that rolled out in October 2018.
How Phillips-Medisize got into the data systems business is but one example of how medtech contract manufacturers are adapting to an age in which every product seems to have some kind of digital or connected feature.