ConvaTec Group Plc - Company Profile
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Business Description
ConvaTec Group Plc (ConvaTec) develops, manufactures and markets medical technologies, products for advanced acute and chronic wound care, ostomy management, continence care and critical care, and infusion sets for diabetes treatment. The company operates as a single business segment and classifies its products into four categories: Advanced Wound Care, Ostomy Care, Continence Care, and Infusion Care.
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R&D Overview
The company focuses on the development of new products and the enhancement of existing ones. Its major technologies include Hydrofiber technology, infusion device technologies, and AWC negative pressure wound therapy technologies. It has R&D centers in Deeside, the UK and Osted, Denmark. The company is currently in the process of creating a wound dressing using the nitric oxide technology platform it obtained from 30 Technology in the previous year. Looking ahead, it is exploring the development of new formulations and expanding into new indications, such as InnovaBurn. Essentially, the company expects its advanced wound care business to achieve high single-digit growth in the future.
Product Categories
Overview
Offers advanced wound dressings, devices and skin care products for the treatment of chronic and acute wounds from conditions such as diabetes, immobility and venous diseases, traumatic injury, burns and invasive surgery. Major products include AQUACEL line of advanced dressings, Avelle negative pressure wound therapy system and skin protectant incontinence wipes. It strives to accelerate its growth in the foam market by increasing its portfolio in the protection and prevention of foam segments. It also intends to expand AQUACEL surgical product portfolio into new surgical areas.
Performance
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Overview
Offers products for people with urinary continence issues related to spinal cord injuries, spina bifida, multiple sclerosis and other causes. The franchise also offers devices and products used in intensive care units and hospital settings. Major products include Flexi-Seal fecal management systems, intermittent urinary catheters, hourly diuresis management systems and intra-abdominal pressure measurement devices. Major brands include GentleCath, Flexi-Seal, UnoMeter and AbViser Continue to develop and expand GentleCath intermittent catheter portfolio; and expand me+ platform for intermittent catheter users.
Performance
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Overview
Provides disposable infusion sets to the manufacturers of insulin pumps for diabetes and continuous infusion treatments for other conditions including Parkinson’s disease, immunodeficiencies, thalassemia and palliative pain management. Major products include neria guard infusion set. Continues to develop new products for insulin and other drug delivery; and maintain long-term partnerships with insulin pump manufacturers.
Performance
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Overview
Offers devices, accessories and services for people suffering from stoma due to colorectal cancer, inflammatory bowel disease, obesity, bladder cancer and other causes. Major brands include Esteem, Esteem+, Natura, Natura+, Stomahesive, Durahesive and me+. Seeks to strengthen relationship with ostomy nurses in hospitals to enhance familiarity with its products; and expand me+ direct consumer progam and product portfolio by investing in consumer led design and enhancements.
Performance
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