Cellnovo Group Announces Launch of Extended High-volume Manufacturing Partnership with Flex to Produce Disposable Insulin Cartridges

Cellnovo Group

, a medical technology company that has developed and markets the first connected all-in-one diabetes management system, today announced the launch of its extended high-volume manufacturing partnership with Flex

, for the production and assembly of Cellnovo disposable insulin cartridges. As a global sketch-to-scale solutions company that designs and builds intelligent products for a connected world, Flex is the ideal partner to support Cellnovo take the manufacturing of its product to the next level. The expanded partnership is the continuation of a strong relationship established in 2013, when Cellnovo partnered with the Flex Medical design team in Milan, working on the design and industrialization of Cellnovo`s cartridges. Cellnovo has recently made significant capital and expense investments in the partnership, including tooling for cleanroom-moulded components from Flex`s European Centre of Excellence for precision plastics in Zurich. Assembly equipment will be built at Flex`s FDA-registered Centre of Excellence for automation in Althofen, Austria, with assembly lines tailored and sized to meet Cellnovo`s business needs. Drawing upon its proven world-class supply chain solutions expertise, Flex will provide all manufacturing services, meeting applicable quality and regulatory requirements. Shipments of subassemblies to Cellnovo`s plant in Wales are expected to begin later this year, with finished products in the second quarter of 2016. Eric Beard, Executive Chairman of Cellnovo, commented: "Thanks to the proceeds from our recent IPO on Euronext, we can now start our high-volume manufacturing programme with Flex, enabling us to economically scale up production to support our market growth." "Flex is proud to be Cellnovo's sketch-to-scale product solutions partner and help them to meet the demands of their growing customer base," saidMark Kemp, president of the Medical group at Flex. "Cellnovo is a leading innovator in this growing segment of insulin patch pumps, with a unique pumping technology."