AirXpanders, Inc. (ASX: AXP) (AirXpanders, a medical device company focused on the design, manufacture, sale and distribution of the AeroForm® Tissue Expander System, today announced that its manufacturing transfer to a contract manufacturer in Costa Rica is complete and manufacturing capability for its AeroForm device is operational. Additional production capacity will enable the company to cost-effectively manufacture a higher volume of AeroForm expanders to meet growing market demand for the product, which is now available in more than 100 U.S. hospitals.
The new production line has a capacity to produce up to 20,000 units per year. The Costa Rica manufacturing plant is owned and operated by MedPlast, a leading global expert in medical device development, manufacturing, and assembly with more than 35 years of experience partnering with leading global medical device companies. Additionally, AirXpanders will maintain its existing manufacturing facility in California with capacity of up to 4,000 units per year.
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