Devon Medical Products Announces New Ownership and Strategic Direction

King of Prussia, PA, December 09, 2016 --(PR.com)-- Devon Medical Products, leading medical device designer and manufacturer, announced today that the company is operating under new ownership and has a new strategic direction for the company. Chip Ross, Chief Executive Officer of Devon Medical Products, communicated the deal closed on November 16th 2016.

The company plans to capitalize on its manufacturing and design expertise and long standing customer relationships while expanding into new global markets. Devon Medical has seen rapid growth in the deep vein thrombosis (DVT), Lymphedema and negative pressure wound therapy (NPWT) therapeutic categories.

“I am extremely excited about this new day at Devon Medical Products, which will create significant enhancements,” stated Chip Ross, CEO. “Our employees embody the vision and motivation to deliver the best products and customer experience in the industry and as a team we are committed to our strategy and building our market across the globe.”

Exciting changes are underway for employees and customers as Devon Medical Products continues into 2017. Ross stresses “that the new structure will allow us to invest in the company and launch even more new products in 2017 and the years beyond.”