MicroVention

MicroVention, a Terumo company, is expanding its Worldwide Innovation Center in Aliso Viejo, California, adding 30,700 square feet to accommodate approximately 175 new associates for medical device design and manufacturing.

MicroVention has completed construction of its new 205,000-square-foot Worldwide Innovation Center in Aliso Viejo, California, consolidating its Orange County operations from Tustin.

Terumo Corporation, through its subsidiary MicroVention, completed the acquisition of Sequent Medical, a medical device firm based in Aliso Viejo, CA, for $280 million upfront plus up to $100 million in milestone payments. Sequent developed the WEB Aneurysm Embolization System.