Cordica Medical

What Cordica Medical does

Cordica Medical, formerly TEAM Technologies and rebranded in January 2026, is a privately held medical device contract development and manufacturing organization (CDMO) headquartered in Knoxville, Tennessee, operating as a subsidiary of TEAM Technologies, Inc. The company delivers end-to-end design, development, and manufacturing services to medical device OEMs across the full therapeutic spectrum — interventional cardiovascular, interventional neurovascular, robotic-assisted surgery, drug delivery, advanced wound care, patient monitoring & wearables, diagnostics, infection control, and personal health solutions.

The company's core technical platform is the Catalyst program, which integrates device engineering, design for manufacturing (DFM), manufacturing, and regulatory specialists into a single program spanning clinical unmet need evaluation through 510(k) or PMA submission and scaled commercial production. Cordica's manufacturing technology base includes proprietary catheter materials (SLIX® inherently lubricious polymers with up to 50% friction reduction; ChronoBond™ tie-layer and Chronoprene® elastomer for bonding dissimilar polymers), custom precision extrusion, medical molding, micro-molding (acquired via RapidWerks in June 2026), electrospinning, medical converting, surface technologies, machining and laser technologies, medical textile processing, device assembly, and packaging and sterilization support. The platform is supported by ISO 13485:2016 certification across facilities, 21 CFR 820 and 21 CFR 210-211 compliance, MDSAP certification where applicable, ISO Class 7 and 8 cleanrooms, and 15 FDA 510(k) clearances over 10+ years.

Cordica generates revenue through two streams: contract manufacturing services (managed services model, multi-year OEM contracts) and design & development services (project-based, concept through regulatory clearance). Pricing is custom-quoted based on program scope, device complexity, volume, and service mix, with no public pricing tiers. The company engages customers through a direct enterprise field sales motion, led by a Chief Commercial Officer and a VP of Commercial for Interventional Markets, targeting leading medical device and pharmaceutical OEMs globally. Operations span 19 facilities across the United States, Mexico (Reynosa nearshore), and Singapore (Asia-Pacific), with 1M+ sq ft of manufacturing footprint, 9 FDA-registered establishments, 100+ engineers, and 800+ skilled sewing professionals.

Name

Cordica Medical

Legal name

Cordica, Inc.

Website

https://cordicamedical.com

Company type

Private

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Cordica Medical is a privately held medical device CDMO that provides end-to-end design, development, and manufacturing services — including proprietary catheter materials and micro-molding — to medical device and pharmaceutical OEMs across interventional, drug delivery, wound care, and adjacent therapeutic markets, operating 19 facilities across the US, Mexico, and Singapore.

Ownership category

akta.pro rank

Headquarters

HQ city

Knoxville

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Contract Manufacturing Services: CDMO manufacturing services including precision manufacturing, automated assembly, packaging, and supply chain management. Revenue generated through long-term manufacturing contracts with medical device OEMs across therapeutic markets.
2. Design & Development Services: Engineering and design services through the Catalyst program, covering product design, rapid prototyping, regulatory support, and clinical trial execution. Project-based revenue from concept through regulatory clearance.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Cordica Medical is a contract development and manufacturing organization (CDMO) providing end-to-end medical device design, development, and manufacturing services for OEM customers. The company integrates engineering, manufacturing, and regulatory capabilities under ISO 13485-certified quality systems across 19 facilities in the US, Mexico, and Singapore, spanning concept development through commercial-scale production. Services include the Catalyst integrated design program, catheter and shaft manufacturing, precision extrusion, micro-molding, converting, device assembly, and supply chain management.

Product overview

Cordica Medical is a contract development and manufacturing organization (CDMO) offering an integrated medical device platform spanning design, development, and commercial-scale manufacturing. The core platform is built around Catalyst by Cordica Medical, which unifies device engineering, manufacturing, and regulatory teams from concept through FDA submission. This platform is enhanced by proprietary material technologies including SLIX® Inherently Lubricious Polymers (PebaSLIX®, PolySLIX®, NyloSLIX®), ChronoBond™ tie-layer, and Chronoprene® elastomer for catheter assembly. The company also manufactures the Vergo® Steerable Sheath as a finished OEM device. Manufacturing capabilities include precision extrusion, micro-molding, catheter manufacturing, medical converting, surface technologies, and device assembly across 19 facilities in the US, Mexico, and Singapore.

Differentiator

Problem solved

Functional benefit

Brands

• Catalyst: An integrated medical device innovation, engineering, DfM, and regulatory program that transforms clinical ideas into cleared, manufacturable devices faster.

Products and services

• Catalyst by Cordica Medical An integrated design and development program that unites device engineers, designers, manufacturing, and regulatory specialists into a single program, enabling devices to be built right from the start and ready for 510(k) or PMA review. The six-step program covers clinical unmet need evaluation, integrated design and development, rapid prototyping and architecture, pilot manufacturing and validation, regulatory and submission, and scaled production with launch and post-market support.
• SLIX® Inherently Lubricious Polymers Proprietary polymer materials offering up to 50% friction reduction compounded directly into the polymer matrix with no coating or delamination risk. Includes PebaSLIX® (PEBAX-based), PolySLIX® (polyurethane-based), and NyloSLIX® (nylon-based) variants for catheter and medical device applications. USP Class VI biocompatible with durometers from 75A to 75D.
• ChronoBond™ and Chronoprene® Purpose-built catheter assembly materials for bonding dissimilar polymers that standard medical adhesives cannot reliably join. ChronoBond™ tie-layer enables compliant balloon catheter construction bonding PEBAX, nylon, and polyurethane shafts to balloon materials, while Chronoprene® provides silicone-like compliance with thermoplastic processability for catheter balloon construction.
• Vergo® Steerable Sheath A steerable introducer sheath developed and manufactured by Cordica Medical featuring integrated pull-wire steering for controlled distal tip deflection, kink-resistant braided shaft, and customizable configuration. Designed as an OEM platform for electrophysiology and structural heart access applications.
• Micro-Molding Services Precision micro-molded components for catheter tips, connectors, and minimally invasive devices. Includes European state-of-the-art fully automated micro-molding machines designed for repeatable and robust shot-size accuracy producing parts weighing as little as a fraction of a gram. Processes demanding materials including PEEK and bioresorbable polymers for medical device applications requiring miniaturization and functional device integration.
• Stock Tubing & Braided Stock Tubing One of the largest stock catheter tubing inventories in the industry available for immediate prototyping and development use. Includes PEBAX, nylon, polyurethane, FEP, PTFE, SLIX®, and braided configurations with no minimum order quantities. Stock tubing ships within 24 hours and custom tubing within 48 hours.
• Design & Development Services End-to-end medical device design and development services including clinical concept translation, catheter and shaft engineering, extrusion, molding, braiding, electrospinning, drug delivery product development, and FDA regulatory submission support. Delivered through the Catalyst integrated program with 100+ engineers.
• Advanced Manufacturing Services Precision manufacturing capabilities including catheter and shaft manufacturing, custom precision extrusion, medical molding, medical converting, surface technologies, machining and laser technologies, medical textile processing, bristling and brush manufacturing, device assembly, and packaging and sterilization support. Validated automated processes with in-line quality control for consistent commercial scale production.
• Supply Chain & Logistics Integrated planning, global distribution, and inventory management across U.S. onshore, Mexico nearshore, and Asia-Pacific operations. Includes vendor-managed inventory, demand forecasting, S&OP integration, and dual-source supply strategies.

Quantifiable outcome

• Custom prototype tubing available within 5 business days
• +2 more outcomes

Named customers2 records

Segments10 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• RapidWerks Inc.coreStrategic or Co-development Partner · 4 June 2026Cordica Medical acquired RapidWerks micro-molding capabilities in June 2026. The acquisition adds dedicated fully automated micro-molding for mass production to Cordica's integrated platform, including European state-of-the-art equipment designed for repeatable shot-size accuracy producing parts weighing as little as a fraction of a gram. RapidWerks founder Scott Herbert joins Cordica as part of the transaction. The acquisition extends Cordica's molding capabilities into sub-gram, micron-tolerance range with processing for PEEK and bioresorbable polymers.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• TE Connectivity Medical: TE Connectivity manufactures medical-grade connectors, sensors, and catheter components for device OEMs. Comparable to Cordica in the components-and-interconnect layer of medical device manufacturing.
• Flex (Flextronics) Medical: Flex's Health Solutions business manufactures medical devices and equipment for OEMs at global scale. Comparable to Cordica as a large, multi-therapeutic contract manufacturer with a global footprint.
• Jabil Healthcare: Jabil's Healthcare division provides large-scale medical device manufacturing, including catheter assembly and diagnostics. It is a broader EMS incumbent with significant medical exposure, comparable in scale and OEM focus to Cordica.

Direct peers

• Phillips Medisize: Phillips Medisize (a Molex company) is a medical device CDMO with strong capabilities in drug delivery devices, combination products, and catheter-based systems. Closely comparable to Cordica's drug delivery and combination product offerings.
• Teleflex Medical OEM: Teleflex's Medical OEM division provides specialty extrusion, catheter manufacturing, and custom medical device solutions. Closely comparable to Cordica's catheter, shaft, and interventional CDMO offerings.
• Viant Medical: Viant Medical is a pure-play medical device CDMO offering design, tooling, processing, and assembly across orthopedic, interventional, and surgical markets. Comparable to Cordica in serving complex catheter and device OEMs with end-to-end services.
• Nordson Medical: Nordson's Medical segment includes precision catheter component manufacturing and fluid management solutions, directly comparable to Cordica's precision extrusion, balloon, and catheter shaft capabilities.
• Integer Holdings: Integer Holdings is one of the largest dedicated medical device contract development and manufacturing organizations globally, serving cardiac, neuromodulation, and other interventional OEMs. It is the closest pure-play scale comparable to Cordica's CDMO model.

Regional players

• Steris Contract Sterilization Services: Steris provides sterilization and lab services to medical device manufacturers globally. Comparable to Cordica's packaging and sterilization support layer within the broader CDMO value chain.

Emerging players

• Resonetics: Resonetics specializes in laser micromachining, nitinol processing, and catheter components for interventional devices. Comparable as a focused specialist in catheter and interventional component manufacturing.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cordica-medical

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Cordica Medical