News Article | July 11, 2017
"Nexcore's acquisition of Phase 2 adheres to our strategy of creating a leading contract manufacturer focused exclusively on the medical device industry. The combination of Nexcore and Phase 2 allows us to quickly establish a leading contract manufacturing suppler for medical device OEMs. The new company offers customers a full suite of services across a comprehensive range including concept, feasibility, design, development, manufacturing and after-market services. Additionally, we have diversified our customer base, gained access to a new market segment, expanded our geographic presence and enabled the two companies to share best practices," said Ken Heuer, a KCO Principal and Nexcore Board member. Carlo W. Colesanti, Nexcore's President and CEO stated, "Phase 2 has developed a world-class team that has been pleasing customers for more than two decades, and this acquisition will permit us to create a deeper toolbox of solutions, expand our value proposition, and enhance our ability to serve customers and offer them a unified, 'single-source of supply' for a variety of complex manufacturing and service needs for medical capital equipment and single-use disposable devices. They have been doing a wonderful job and we intend for that to continue as we look forward to building on the foundation created by Phase 2 and continuing to grow Nexcore by serving the increasing needs of our collective customers." Adam Prime, Phase 2's President prior to the acquisition, will assume a new role as Sr. Vice President & Chief Lean Officer of the newly combined businesses. Mr. Prime said, "I am truly excited by the prospects for our business and the related advantages our customers and employees will experience together with Nexcore. I look forward to working closely with Carlo, the management team, and KCO to continue to build an industry-leading company." Eaglehill Advisors LLC, Plexus Capital, and Spring Capital Partners, LLC provided mezzanine debt and co-equity investments, and J.P. Morgan Chase provided senior debt financing in support of the transaction. About Nexcore Founded by Milton Frank in 1999, Nexcore is a contract manufacturer of electro-mechanical capital equipment to the medical device industry. The Company has a strong track record of growth and an outstanding reputation with its customers based upon its leading technical capabilities, high quality standards, on-time performance and customer service. The Company's capabilities cover the complete spectrum of the medical device manufacturing product life cycle, from conceptual design and engineering through to manufacturing and after-market service and support. The Company serves a variety of leading medical device OEMs with a portfolio of innovative medical devices. With its full suite of design and manufacturing capabilities and focus on all aspects of customer service, Nexcore positions itself not just as a supplier but as a true value-added partner to its OEM customers. For more information, visit www.nexcoretech.com. About Phase 2 Founded by Garry Prime, Peter Prime and Mark Newbert in 1995, Phase 2 partners with medical device market leaders and innovators to design, assemble, and package single-use instruments and disposables. With comprehensive design and manufacturing capabilities, we help customers at each stage of the product life-cycle from device innovation, to new product introduction, program transfers, or end-of-life programs. The Company is 100% focused on design and manufacturing of Class I, II and III single-use instruments and disposable medical devices. At Phase 2, LEAN is more than a process, it is a culture, and benefits of the Company's LEAN systems can be realized through supply chain, warehousing, assembly, testing, packaging, sterilization, and distribution. For more information, visit www.phase2medical.com. About Kidd & Company Based in Old Greenwich, CT, KCO traces its roots to 1976 when William Kidd made his first private equity investment. Today, KCO is the private investment arm of the Kidd Family Office engaged in sponsoring private equity transactions in the lower middle market. The firm's focus is on driving superior returns by implementing fundamental strategic and operational improvements to drive above-market growth in revenue and earnings, both organically and through accretive acquisitions. The diverse skill set of its partners allows KCO to bring management, operational, sales and marketing, corporate finance and M&A expertise to bear to substantially increase the total value of its investments. For more information, visit www.kiddcompany.com.
Kanthraj G.,Mahatma Gandhi University |
Kanthraj G.,PHASE 2 International
Indian Journal of Dermatology, Venereology and Leprology | Year: 2011
The study and practice of dermatology care using interactive audio, visual, and data communications from a distance is called teledermatology. A teledermatology practice (TP) provides teleconsultation as well tele-education. Initially, dermatologists used videoconference. Convenience, cost-effectiveness and easy application of the practice made "store and forward" to emerge as a basic teledermatology tool. The advent of newer technologies like third generation (3G) and fourth generation (4G) mobile teledermatology (MT) and dermatologists′ interest to adopt tertiary TP to pool expert (second) opinion to address difficult-to-manage cases (DMCs) has resulted in a rapid change in TP. Online discussion groups (ODGs), author-based second opinion teledermatology (AST), or a combination of both are the types of tertiary TP. This article analyzes the feasibility studies and provides latest insight into TP with a revised classification to plan and allocate budget and apply appropriate technology. Using the acronym CAP-HAT, which represents five important factors like case, approach, purpose, health care professionals, and technology, one can frame a TP. Store-and-forward teledermatology (SAFT) is used to address routine cases (spotters). Chronic cases need frequent follow-up care. Leg ulcer and localized vitiligo need MT while psoriasis and leprosy require SAFT. Pigmented skin lesions require MT for triage and combination of teledermoscopy, telepathology, and teledermatology for diagnosis. A self-practising dermatologist and national health care system dermatologist use SAFT for routine cases and a combination of ASTwith an ODG to address a DMC. A TP alone or in combination with face-to-face consultation delivers quality care.
Jana S.,PHASE 2 International
Biotechnology letters | Year: 2012
Growth and progression of many cancer cells are mediated by alterations in the microenvironment often caused by an aberrant expression of growth factors and receptors. There is no report on expression of growth factor granulocyte colony-stimulating factor (G-CSF) in the experimental model, colon adenocarcinoma cell line (Caco2), that is commonly used in drug permeability assays. We hypothesize that in vitro, the Caco2 model is associated with a constitutive neo-expression of the hematopoietic G-CSF thereby causing an autocrine stimulation of Caco2 growth and proliferation in vitro. To test our hypothesis, we analyzed mRNA and protein expression of G-CSF in Caco2 cells using reverse transcriptase-PCR and SDS-PAGE. G-CSF mRNA and protein were detected in Caco2 cells. Expression of G-CSF protein was similar at different passages of this cell line. The expression of G-CSF has a significant role in the autocrine regulation of Caco2 cell growth and proliferation.
PHASE 2 International | Date: 2015-09-01
A charcoal grill includes a vessel configured to hold and burn charcoal for cooking food. The charcoal grill may include a receptacle moveable between a first position in which the receptacle is positioned for collecting ashes from charcoal burned in the vessel and a second position in which the receptacle is separated from the vessel for disposal of the collected ashes. Additionally, or alternatively, the vessel may define a passage extending from an exterior side of the vessel to an interior side of the vessel for permitting a starter device to be inserted into the passage for igniting charcoal within the vessel. Additionally, or alternatively, the charcoal grill may include a vent system including at least one vent opening extending through a portion of the vessel, a vent cover movable with respect to the vent opening between a closed position and an open position, and at least one calibration associated with the vent cover between the closed position and the open position.
PHASE 2 International | Date: 2015-10-22
An apparatus for supplying gaseous fuel to a kamado-style grill is disclosed. The kamado-style grill includes a vessel and a fire bowl positioned within the vessel. The vessel and the fire bowl each have an opening. The apparatus includes a gas burner insertable through the opening of the vessel for positioning below the opening of the fire bowl, and a housing substantially covering the opening of the vessel and including one or more openings for allowing air to pass into or out of the kamado-style grill. Other example apparatuses and grill assemblies for receiving the apparatuses are also disclosed.
PHASE 2 International | Date: 2015-08-28
A structure for use with a kamado-style charcoal grill adapted to hold and burn charcoal for cooking food includes a receptacle for collecting ash produced from charcoal burned in the kamado-style charcoal grill and a housing defining an opening for receiving the receptacle. The receptacle is separable from the housing for disposing of ash in the receptacle. Additionally, other example structures and charcoal grill assemblies including the structures are also disclosed.
PHASE 2 International | Date: 2016-05-03
PHASE 2 International | Date: 2016-09-14
A kamado-style grill (800) is disclosed. The kamado-style grill (800) includes a vessel (802) and a fire bowl (804) positioned within the vessel (802). The vessel (802) and the fire bowl (804) each have an opening (806, 808). The grill comprises a removable unit (100) including a gas burner(102), said unit being insertable through the opening (806) of the vessel (802) for positioning below the opening (808) of the fire bowl, said removable unit further comprising a housing (104) substantially covering the opening (806) of the vessel (802) and including one or more openings (106) for allowing air to pass into or out of the kamado-style grill.
PHASE 2 International | Date: 2016-12-06