# ICU Medical and Otsuka Pharmaceutical Factory complete joint venture for IV solutions

ICU Medical Inc. and Otsuka Pharmaceutical Factory, Inc. have completed the formation of Otsuka ICU Medical LLC, a joint venture to strengthen IV solutions supply chain resiliency and drive innovation in the North American market. The combined production is estimated at 1.4 billion annual units.

- Type: Partnership
- Announced: 2025-05-01
- Where: United States
- Status: completed
- Capacity: 1.4 billion annual units
- Products: IV solutions
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [ICU Medical](https://endata.com/companies/891.md) (partner)
- [Otsuka Pharmaceutical Factory](https://endata.com/companies/26482.md) (partner)

## Sources

- [icumed.com](https://www.icumed.com/about-us/news/2025/icu-medical-and-otsuka-pharmaceutical-complete-joint-venture/), 2025-05-01: "We are pleased to have successfully completed the formation of this joint venture with ICU Medical."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.