What CODAN US Corporation does

CODAN US Corporation is a US-based, privately held manufacturer and distributor of medical devices specializing in infusion and transfusion therapy, headquartered in Santa Ana, California. The company was founded in 1939, giving it more than eight decades of operating history in the medical device industry, and operates with a workforce in the 1,001-5,000 employee band, placing it firmly in mid-to-upper mid-market territory. Its core product line centers on devices and consumables used by hospitals, clinics, and blood-collection services to deliver fluids, medications, and blood products safely to patients.

The company's underlying business is built on a regulated medical-device supply model: devices and disposables subject to FDA and ISO 13485 quality requirements, distributed through direct sales and clinical-support channels into healthcare-provider customers. CODAN US operates within a category defined by high regulatory barriers, long sales cycles, and procurement-driven customer relationships. Mike Thompson serves as President & CEO, the only disclosed executive in the available data. The company raised approximately $27.7 million in a funding round dated July 21, 2025, with the investor and lead-investor identities undisclosed in the source material.

The revenue model is consistent with a classic medical-device OEM/distributor: sale of capital equipment (infusion pumps, transfusion devices) plus recurring consumables (IV sets, transfusion sets, accessories) that drive ongoing volume through installed bases. Pricing is not publicly disclosed, and no per-unit, subscription, or contract pricing data was available in the source material — most of the public-facing company website and verification pages returned only loading screens, which limits visibility into current product mix, channel strategy, and customer segmentation. Based on available evidence, the business appears to function as the US operational arm of the broader CODAN group, with US-entity revenue running in the estimated $100M-$250M range, supported by a mature employee base and a recent capital raise consistent with measured, investment-supported growth rather than transformational expansion.

Name

CODAN US Corporation

Legal name

CODAN US Corporation

Website

https://codanusa.com

Company type

Private

Founded year

1939

Headcount range

1,001–5,000 employees

Short description

CODAN US Corporation is a privately held US manufacturer and distributor of medical devices for infusion and transfusion therapy, founded in 1939 and headquartered in Santa Ana, California. It serves hospitals, clinics, and blood-collection services with capital equipment and recurring consumables, operating with 1,001-5,000 employees.

Ownership category

akta.pro rank

Product category

Medical Devices

NAICS

Surgical Appliance and Supplies Manufacturing (339113), Surgical and Medical Instrument Manufacturing (339112), Medical Equipment and Supplies Manufacturing (3391)

SIC

Surgical & Medical Instruments & Apparatus (3841), Wholesale-Medical, Dental & Hospital Equipment & Supplies (5047)

akta.pro primary industry

Wearable Injectors & On-Body Delivery Systems (HLAHAIAE)

akta.pro secondary industries

IV Therapy, Infusion & Fluid Management (Pumps, Catheters, Fluid Sets) (HLAMAFAG), Parenteral & Injectable Packaging Components (Stoppers, Seals, Syringes, Cartridges) (IMALAIAE)

Keywords

• Medical device manufacturing
• Infusion therapy devices
• Transfusion therapy equipment
• IV administration sets
• Medical fluid delivery

Headquarters

HQ city

Santa Ana

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Core offering

CODAN US Corporation manufactures and distributes medical devices for infusion and transfusion therapy. Its products support intravenous fluid and blood component delivery for hospitals, clinics, and other healthcare providers. The company focuses on single-use hardware and consumables used in patient fluid management and blood administration workflows.

Differentiator

Problem solved

Functional benefit

Products and services

• Infusion therapy medical devices Medical devices designed for infusion therapy, used by hospitals and clinical providers to administer intravenous fluids to patients. The category covers the hardware and consumables used in routine IV fluid delivery.
• Transfusion therapy medical devices Medical devices designed for transfusion therapy, used by hospitals, blood banks, and clinical providers to administer blood and blood components to patients. The category covers the hardware and consumables used in blood component delivery.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights3 records

Direct peers

• B. Braun Medical: B. Braun is a global medical device and pharmaceutical company with a major infusion therapy portfolio (IV sets, pumps, accessories). It directly competes with CODAN US in infusion and transfusion devices for hospital customers.
• ICU Medical: ICU Medical specializes in IV infusion products, medical connectors, and needlefree devices for hospitals. Its core offering directly competes with CODAN US infusion therapy devices in US acute care settings.
• Fresenius Kabi: Fresenius Kabi manufactures infusion and transfusion technology, IV drugs, and clinical nutrition products. Its infusion/transfusion device line is closely comparable to CODAN US's stated focus.
• Terumo Medical: Terumo manufactures blood collection, transfusion, and infusion systems globally. Its product range in transfusion and IV therapy directly parallels CODAN US's portfolio.
• Smiths Medical: Smiths Medical produces infusion systems, syringe pumps, and related disposable devices for hospital and ambulatory use. It is a focused direct competitor to CODAN US in infusion therapy.
• Vygon: Vygon specializes in single-use medical devices including IV catheters, infusion sets, and neonatal products. It competes with CODAN US in IV therapy consumables for hospital customers.
• Nipro Medical: Nipro manufactures dialysis, infusion, and injection devices globally. Its infusion device portfolio is comparable to CODAN US's offering, particularly for hospitals and renal centers.

Broad incumbents

• Baxter International: Baxter is a diversified medical products leader with IV solutions, infusion pumps, and blood collection products. It overlaps with CODAN US on infusion/transfusion devices but serves a much broader medtech portfolio.
• Becton Dickinson (BD): BD is a global medical technology company with a significant presence in drug delivery, infusion, and blood collection. It competes with CODAN US in infusion devices while also serving adjacent diagnostics and biosciences markets.
• Teleflex Medical: Teleflex produces a broad range of single-use medical devices including vascular access and infusion products. It overlaps with CODAN US on selected infusion therapy lines while also serving anesthesia and surgical markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CODAN US Corporation