◂ Announcements

Feb 8, 2022INVESTMENTLexington County, South Carolina, United States

CeQur Simplicity invests $20M to manufacture insulin patch in Lexington County

CeQur Simplicity plans to invest $20 million to begin manufacturing its diabetic insulin patch in Lexington County, South Carolina, contracting with Flex at its West Columbia plant. Manufacturing and R&D work is being moved from Flex's plant in Tijuana, Mexico.

Value

$20.0M

Status

Announced

Productsdiabetic insulin patch

CompaniesCeQur Simplicity Flex supplier

Sectors#Medical Devices

“In addition to bringing its manufacturing onto United States soil, Paddock said the company also plans to bring its supply chain for the insulin device stateside.”postandcourier.com

1 source
postandcourier.comDiabetic insulin device maker investing $20M, moving operations to Lexington CountyJessica HoldmanFeb 8, 2022

Summarized from public sources; check the original articles before acting on it.

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