# ICU Medical and Otsuka Pharmaceutical Factory form IV solutions joint venture

ICU Medical, Inc. and Otsuka Pharmaceutical Factory, Inc. completed the formation of Otsuka ICU Medical LLC, a joint venture to strengthen IV solutions manufacturing and supply chain resiliency in North America. The combined network produces an estimated 1.4 billion annual units.

- Type: Partnership
- Announced: 2025-05-01
- Where: Austin, Texas, 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

- [finance.yahoo.com](https://finance.yahoo.com/news/icu-medical-inc-otsuka-pharmaceutical-123000370.html), 2025-05-01: "This partnership will bring additional stability and choice to the North American IV solutions market, and we look forward to providing customers increased economic and clinical value."
- [biospace.com](https://www.biospace.com/press-releases/icu-medical-inc-and-otsuka-pharmaceutical-factory-inc-complete-joint-venture-to-bolster-iv-solutions-manufacturing-and-innovation-in-north-america), 2025-05-01: "This partnership will bring additional stability and choice to the North American IV solutions market, and we look forward to providing customers increased economic and clinical value."

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