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Jabil Launches Jabil Healthcare, the Largest Healthcare Manufacturing Solutions Provider


Jabil Inc. (NYSE: JBL) today announced the consolidation of its entire healthcare organization under Jabil Healthcare, led by Steve Borges, CEO and EVP. Jabil Healthcare combines, under a single umbrella, Nypro with its Orthopedics, Spine, Trauma and associated medical instruments operations. With more than 35 global sites and nearly 20,000 employees serving the leading brands in healthcare, this powerful combination makes Jabil the largest healthcare manufacturing solutions provider.

Jabil Healthcare serves five key sectors in the healthcare market: medical devices, orthopedics, diagnostics, pharmaceutical delivery systems, and consumer health. In each arena, demand for value-based care solutions is forcing significant changes in the evolution of healthcare products and services and driving digital health innovations. Taking center stage are Internet of Things (IoT) and digital health platform innovations enabled by connectivity, sensors and miniaturization.

“By harnessing the power of the Jabil and Nypro teams, we are in the unique position to accelerate technology advancements and augment the value we bring to our customers, their patients and the healthcare industry,” said Borges. “With the rise of digital health and additive manufacturing, the time is right to unite our diverse capabilities and domain expertise under one strong brand.”

Jabil Healthcare unifies the company’s medical industry know-how with deep cross-sector experience in injection molding, electronics, sensor integration, and additive manufacturing to help healthcare brands accelerate and scale technology advancements. This integrated line of capabilities across Jabil is brought to bear for its base of healthcare customers, from emerging startups to global enterprises.

The support of women’s technology company, Elvie, is just one example. “We're in the connected health space, which is actually quite a new area. We needed expertise in everything from hardware to firmware to software,” said Tania Boler, CEO of Elvie, in a Jabil Healthcare case study released today. “When we tried to select the best in class manufacturing partner for us, to be honest, Jabil was the no-brainer solution because they have had so much experience across so many different partners in so many different product categories.”

“With more than 50 years of expertise, Jabil Healthcare is well versed in integrating components and subsystems into pharmaceutical, orthopedic, diagnostic, medical and consumer healthcare devices,” Borges said. “As a united team with a clear mission, we are powerfully positioned to help our customers deliver high-quality, innovative products and services that improve patient outcomes.”

About Jabil

Jabil (NYSE: JBL) is a manufacturing solutions provider that delivers comprehensive design, manufacturing, supply chain and product management services. Leveraging the power of over 200,000 people across 100 sites strategically located around the world, Jabil simplifies complexity and delivers value in a broad range of industries, enabling innovation, growth and customer success. For more information, visit jabil.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200203005387/en/

Jabil Circuit Stock

€110.10
-0.270%
The price for the Jabil Circuit stock decreased slightly today. Compared to yesterday there is a change of -€0.300 (-0.270%).
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Jabil Circuit.
As a result the target price of 128 € shows a slightly positive potential of 16.26% compared to the current price of 110.1 € for Jabil Circuit.
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