SHL Medical, a pioneer and technology frontrunner in the self-injection industry, announces its acquisition of Weibel CDS, a medical technology company offering products and solutions for drug delivery and novel packaging.
Weibel was established in Switzerland in 2010 as a private company specialising in customer-funded research and development of affordable, innovative and user-friendly injection systems and devices. Weibel owns an impressive portfolio covering innovative packaging technologies and delivery systems for parenteral drugs for home, point-of-care, and clinical use.
鈥淪HL Medical鈥檚 acquisition of Weibel is based on a shared passion for innovation and precision. We felt a synergy between Weibel鈥檚 cutting-edge technologies and SHL鈥檚 experience in commercialising original designs. The integration will strengthen our ability to offer even more advanced drug delivery systems based on human-centred designs and functionality. We look forward to a stronger future based on this shared vision to make self-injection easier for patients worldwide,鈥� SHL Medical CEO Ulrich Faessler said.
鈥淪HL has always been simultaneously innovative and dependable, factors that have put us in the vanguard of the industry,鈥� said Ralph Howald, chief technology officer at SHL Medical. 鈥淭he addition of Weibel鈥檚 talent and range of solutions for high-volume injection will not only add depth to our technical portfolio, but also give us greater reach in the self-injection market.鈥�
Weibel CEO Hans Peter Manser said: 鈥淲e are excited to segue into one of the world鈥檚 most prominent solutions providers of drug delivery systems. With SHL鈥檚 experience and global outreach, Weibel will be able to accelerate our innovations for safer, easier and faster drug delivery.鈥�
SHL Medical is one of the world鈥檚 largest providers of autoinjectors. With the acquisition, SHL is expected to expand its portfolio of innovative drug delivery solutions for injection devices.
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