- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Galan Lithium
International Graphite
Cardiex Limited
CVD Equipment Corporation
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
CHF Solutions Commences Manufacturing Transition of Aquadex FlexFlow
CHF Solutions started the manufacturing transition of the Aquadex FlexFlow System to CHF Solutions’ facility in Minnesota.
CHF Solutions (NASDAQ:CHFS) started the manufacturing transition of the Aquadex FlexFlow System to CHF Solutions’ facility in Minnesota.
As quoted in the press release:
The initial step, the transfer of the manufacturing assets, was completed last week. These manufacturing assets were acquired from Baxter as part of the Aquadex acquisition that was completed on August 5, 2016. The manufacturing assets had been retained by Baxter to manufacture and supply products to CHF Solutions under a Commercial Manufacturing and Supply Agreement that was signed at the time of the acquisition. The company expects to begin manufacturing its Aquadex FlexFlow system products in the fourth quarter of 2017.
“I am very excited to achieve this important step in the evolution of CHF Solutions,” said John Erb, Chairman and Chief Executive Officer of CHF Solutions. “Bringing the manufacturing of the Aquadex FlexFlow system products in-house will give us greater control and flexibility in managing our operations. Over time, we expect that this will result in improved gross margins as volumes and capacity utilization increases.”
Under the Commercial Manufacturing and Supply Agreement, CHF Solutions will continue to purchase raw materials and finished goods from an indirect subsidiary of Baxter until February 1, 2018.
Click here to read the full press release.
Source: globenewswire.com
Outlook Reports
Featured Medical Device Investing Stocks
Browse Companies
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2321.89 | +5.59 | |
Silver | 27.32 | +0.14 | |
Copper | 4.53 | +0.05 | |
Oil | 82.93 | +0.12 | |
Heating Oil | 2.57 | +0.01 | |
Natural Gas | 1.61 | -0.05 |
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.