Return to Supplier News

Sandvik continues to strengthen its medical technology organization, Sandvik MedTech, through the creation of a Board that includes industry experts and advisors David Fitzgerald, Gunnar Walstam, and Lars Ekström.

Sandvik MedTech operates within contract manufacturing and medical materials development with a focus on the orthopedic and spine areas. 

In July this year, Sandvik completed the acquisition of Doncasters Medical Technologies, now known as Sandvik Medical Solutions. With this acquisition, Sandvik significantly strengthened both its expertise and its capacity in the rapidly growing medical technology application area.  Sandvik Medical Solutions sits, along with the medical materials offering Sandvik Bioline, under the umbrella of the newly created Product Area Sandvik MedTech.

Tord Lendau, President of Sandvik MedTech, said: “Our mission is to become the leading materials developer for medical devices and the leading contract manufacturing partner to OEMs within the orthopedic and spinal markets. The members of the new MedTech Board bring industry knowledge and experience that will help us fulfil our mission and create value for our customers – the medical industry OEMs.”

David Fitzgerald has been president and on the board of major companies within the medical technology industry.  He is currently Chairman of Orthovita, a spine / orthopedic surgical biomaterials company.  He is also member of the Boards of Arthrocare Inc, and Lifecell Inc.  Mr. Fitzgerald has served as President and CEO of Howmedica Inc, and as Vice President of Pfizer, Inc.

Gunnar Walstam is founder and former CEO of Bactiguard AB, world leader in combating nosocomial infection (hospital acquired infection). Mr Walstam is currently an investor in and board member of early stage companies. He is also Chairman of Helperby Therapeutics Ltd.

Lars Ekström is experienced in contract manufacturing, turnarounds and as CEO of international companies.  Mr Ekström has been CEO of Dahlen International AB, Electrolux Klippan AB and Ravema AB.  He has also been the Chairman of Synectics AB, a diagnostic medical equipment manufacturer acquired by Medtronic, Inc.

The Medtech Board also consists of Peter Gossas, President Sandvik Materials Technology and Chairman of the MedTech Board; Peter Larsson, Executive Vice President and CIO of Sandvik AB; Bo Severin, General Counsel for the Sandvik Group and Mats Gunnarsson, Executive Vice President, Sandvik Materials Technology.

For further information contact:

Peter Gossas, President Sandvik Materials Technology.
Phone: +46 (0) 26 26 00 00. Email: peter.gossas@sandvik.com

Tord Lendau, President Product Area MedTech.
Phone: +46 (0) 26 26 00 00. Email: tord.lendau@sandvik.com

About Sandvik

Founded in 1862 in Sweden, Sandvik has grown to become a global industrial group with advanced products and world-leading positions in selected areas – tools for metal cutting, machinery and tools for rock excavation, stainless materials, special alloys, metallic and ceramic resistance materials as well as process systems and sorting systems.  At the end of 2006 they Group had about 42,000 employees and representation in 130 countries, with annual sales of more than SEK 72,000 M.

The company invests heavily in R&D employing over 500 people in Europe.  Approximately 4% of annual gross sales are allocated to R&D. 

Sandvik has three business areas, one of which is Sandvik Materials Technology, a world-leading manufacturer of high value-added products in advanced stainless materials, special alloys and metallic and ceramic resistance materials as well as process plants.  The product areas comprise Tube, Strip, Wire, Kanthal, Process Systems and MedTech.

In July this year, Sandvik completed the acquisition of Doncasters Medical Technologies (now known as Sandvik Medical Solutions) which, together with Sandvik Bioline, forms the newly created Product Area MedTech.

Sandvik Bioline, which has been operating since 2003, supplies materials to the medical device industry and is investing in broadening its materials portfolio and processing capabilities – concentrating on high alloy and advanced materials.

Sandvik Medical Solutions has a strong reputation in the supply of orthopedic and spinal implants and instruments with services including casting, forging, machining and finishing capabilities.  It manufactures shoulders, total hip, total knee, unicondylars and instruments at European, US and Mexico-based facilities. 

It is also continually developing new technologies such as metal-on-metal resurfacing and is evolving its expertise in the spinal market.  Sandvik Medical Solutions currently has approximately 80% of the European metal-on-metal market and is well placed to capitalise on expansion in the US.