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Palyon Medical and CORE Manufacturing Announce Strategic Partnership

Companies mentioned in this article: Palyon Medical

VALENCIA, Calif. -- (BUSINESS WIRE) -- Palyon Medical Corporation and CORE Manufacturing LLC have entered into a strategic partnership for the manufacturing of Palyon’s line of implantable drug delivery pumps.

Palyon Medical's P1003 Pump (Photo: Business Wire)

Palyon Medical's P1003 Pump (Photo: Business Wire)

Palyon, a developmental stage company, has a pump portfolio that includes programmable devices for maximum clinical flexibility and constant flow devices for lower cost steady drug delivery. CORE is an ISO 13485, ISO 9001 and FDA approved manufacturer of implantable devices. Under this new partnership, CORE Manufacturing will provide manufacturing services, procurement coordination and dual quality control oversight, greatly reducing Palyon’s time to market introduction.

“CORE brings a level of clinical manufacturing experience that will greatly streamline our process and allow our researchers and engineers to focus on developing the next generation of devices, such as an implantable insulin pump,” said Michael Sember, Palyon CEO. “Having CORE’s production facility in such close proximity to us will allow for enhanced efficiency, reduced manufacturing coordination costs and speed our path to market.”

Palyon’s inventive implantable infusion pump platform will offer highly accurate drug delivery rates and incorporate unique safety features including the only sensor-based feedback flow control, refill error detection capability, a non-motorized pumping mechanism that is less susceptible to wear and tear, catheter occlusion detection and a highly favorable MRI profile.

"CORE Manufacturing is honored to partner with Palyon. CORE is uniquely qualified to develop and manufacture the lineup of Palyon’s active implantable devices. This partnership will allow both companies to leverage their core competencies," said Joel Hirsch, President of CORE Manufacturing.

About Palyon

Palyon Medical Corporation, headquartered in Southern California, is a privately held medical device company focused on creating innovative treatment systems to alleviate symptoms of chronic pain, spasticity, diseases of the central nervous system and chronic metabolic diseases. Palyon’s mission is to provide the market with the broadest range of implantable infusion devices that offer an unparalleled feature set to address a broad range of unmet medical needs. For more information visit www.palyonmedical.com.

About CORE Manufacturing, LLC

Located in Valencia, CA, CORE Manufacturing is an ISO 13485, ISO 9001, and FDA approved manufacturer of implantable, minimally invasive, and peripheral medical devices. Capabilities include: rapid-turn prototyping, full turnkey device-level assembly, sterilization and testing.


Copyright © Business Wire 2014
Contact:

Palyon Medical Corp
Michael Sember, 661-705-5601
msember@palyoncorp.com
or
CORE Manufacturing LLC
Joel Hirsch, 661-621-6200
jhirsch@core-manufacturing.com