Introducing INGENYX: A New Era in Medical Device Innovation
INGENYX, formerly Teleflex Medical OEM, today announced its launch as an independent company following the completion of its acquisition by Montagu and Kohlberg and carve-out from Teleflex Incorporated (NYSE: TFX). The transaction was first announced on December 9, 2025.
Rooted in more than 40 years of experience serving medical device manufacturers, INGENYX develops and manufactures custom-engineered interventional catheters and subassemblies, sutures, tubing, wiring, complex extrusion solutions, surgical fibers, and other advanced medical device technologies for customers worldwide.
As an independent company, INGENYX is well-positioned to expand its engineering capabilities, accelerate innovation, and strengthen customer collaboration while continuing to deliver the expertise, quality, and reliability medical device manufacturers have come to expect.
Greg Stotts, formerly the Chief Executive Officer of Teleflex Medical OEM, continues in that role at INGENYX, and Matt Jennings, Senior Operating Partner at Kohlberg, will serve as Executive Chairman of the Board.
“Medical device companies face growing pressure to innovate faster while managing complexity, risk, and cost,” Jennings said. “INGENYX is uniquely positioned to meet that need by serving as a collaborative extension of our customers’ teams, combining design for manufacturability (DFM) methodology, and our proprietary intelligence databank with a deep understanding of the decisions that shape successful products.”
Under the INGENYX brand, the company will expand its focus beyond traditional contract manufacturing development to help customers navigate increasingly complex product development, material selection, scalability, and lifecycle challenges.
“INGENYX reflects both who we are and where we’re headed,” Stotts added. “For decades, we’ve helped medical device companies bring innovative products to market. As an independent company, we have an opportunity to invest further in the capabilities, expertise, and technologies that help our customers make smarter decisions and accelerate their path to commercialization and beyond.”
Key highlights of INGENYX include:
- Continuity that customers can count on. The same trusted teams, expertise, and customer commitment that have defined the business for decades remain in place under the INGENYX brand.
- The agility of an independent company. As a standalone organization backed by Kohlberg and Montagu, INGENYX is positioned to move faster and accelerate investments in innovation, engineering, and manufacturing capabilities.
- A stronger platform for what’s next. With integrated real-world manufacturing expertise and DFM intelligence, INGENYX helps customers make more informed development decisions, reduce risk, accelerate commercialization, and prepare for future product generations.
