Identiv and Novanta Announce Strategic Partnership to Streamline Adoption of RFID Solutions for Healthcare OEMs
Identiv (NASDAQ: INVE) and Novanta have announced a strategic partnership to enhance RFID solutions for healthcare OEMs. The collaboration combines Identiv's RFID inlays, tags, and labels with Novanta's ThingMagic reader modules and APIs to deliver end-to-end vertical solutions for medical device manufacturers.
The partnership will initially focus on developing RFID solutions for medical device and life science OEMs, targeting applications in smart medical devices, advanced diagnostics, and wearable devices. The integrated solutions aim to improve product performance, ensure proper assembly, and enhance patient safety.
The collaboration seeks to create an optimized ecosystem that simplifies RFID implementation for manufacturers, reducing complexity and accelerating time to market. The partnership will support connected care and medication management with real-time monitoring capabilities for patient vitals, medication compliance, and hospital asset tracking.
Identiv (NASDAQ: INVE) e Novanta hanno annunciato una partnership strategica per migliorare le soluzioni RFID per gli OEM nel settore sanitario. La collaborazione combina gli inlay, i tag e le etichette RFID di Identiv con i moduli lettori ThingMagic e le API di Novanta per fornire soluzioni verticali complete per i produttori di dispositivi medici.
La partnership si concentrerà inizialmente sullo sviluppo di soluzioni RFID per gli OEM di dispositivi medici e scienze della vita, mirando ad applicazioni in dispositivi medici intelligenti, diagnosi avanzate e dispositivi indossabili. Le soluzioni integrate mirano a migliorare le prestazioni del prodotto, garantire un'assemblaggio corretto e aumentare la sicurezza del paziente.
La collaborazione intende creare un ecosistema ottimizzato che semplifichi l'implementazione dell'RFID per i produttori, riducendo la complessità e accelerando il time to market. La partnership supporterà la cura connessa e la gestione dei farmaci con capacità di monitoraggio in tempo reale per i parametri vitali dei pazienti, la compliance ai farmaci e il tracciamento delle risorse ospedaliere.
Identiv (NASDAQ: INVE) y Novanta han anunciado una asociación estratégica para mejorar las soluciones RFID para los OEM de atención médica. La colaboración combina los inlays, etiquetas y tags RFID de Identiv con los módulos de lector ThingMagic y las API de Novanta para ofrecer soluciones verticales integrales para los fabricantes de dispositivos médicos.
La asociación se centrará inicialmente en el desarrollo de soluciones RFID para OEM de dispositivos médicos y ciencias de la vida, enfocándose en aplicaciones en dispositivos médicos inteligentes, diagnósticos avanzados y dispositivos portátiles. Las soluciones integradas tienen como objetivo mejorar el rendimiento del producto, garantizar un ensamblaje adecuado y aumentar la seguridad del paciente.
La colaboración busca crear un ecosistema optimizado que simplifique la implementación de RFID para los fabricantes, reduciendo la complejidad y acelerando el tiempo de comercialización. La asociación apoyará la atención conectada y la gestión de medicamentos con capacidades de monitoreo en tiempo real para los signos vitales de los pacientes, la adherencia a la medicación y el seguimiento de activos hospitalarios.
Identiv (NASDAQ: INVE)와 Novanta는 의료 OEM을 위한 RFID 솔루션을 향상시키기 위한 전략적 파트너십을 발표했습니다. 이 협력은 Identiv의 RFID 인레이, 태그 및 라벨과 Novanta의 ThingMagic 리더 모듈 및 API를 결합하여 의료 기기 제조업체를 위한 종합적인 수직 솔루션을 제공합니다.
파트너십은 스마트 의료 기기, 고급 진단 및 착용 가능한 장치에서의 응용 프로그램을 목표로 하여 의료 기기 및 생명 과학 OEM을 위한 RFID 솔루션 개발에 처음 집중할 것입니다. 통합 솔루션은 제품 성능을 개선하고 적절한 조립을 보장하며 환자 안전을 향상시키는 것을 목표로 합니다.
이 협력은 제조업체를 위한 RFID 구현을 단순화하는 최적화된 생태계를 만들고 복잡성을 줄이며 시장 출시 시간을 단축하는 것을 목표로 합니다. 파트너십은 환자의 생체 신호, 약물 준수 및 병원 자산 추적을 위한 실시간 모니터링 기능으로 연결된 치료 및 약물 관리를 지원할 것입니다.
Identiv (NASDAQ: INVE) et Novanta ont annoncé un partenariat stratégique pour améliorer les solutions RFID pour les OEM de santé. La collaboration combine les inlays, les étiquettes et les tags RFID d'Identiv avec les modules de lecture ThingMagic et les API de Novanta pour fournir des solutions verticales complètes pour les fabricants de dispositifs médicaux.
Le partenariat se concentrera initialement sur le développement de solutions RFID pour les OEM de dispositifs médicaux et de sciences de la vie, en ciblant des applications dans des dispositifs médicaux intelligents, des diagnostics avancés et des dispositifs portables. Les solutions intégrées visent à améliorer les performances des produits, à garantir un assemblage correct et à renforcer la sécurité des patients.
La collaboration cherche à créer un écosystème optimisé qui simplifie la mise en œuvre de l'RFID pour les fabricants, réduisant la complexité et accélérant le temps de mise sur le marché. Le partenariat soutiendra les soins connectés et la gestion des médicaments avec des capacités de surveillance en temps réel pour les signes vitaux des patients, la conformité médicamenteuse et le suivi des actifs hospitaliers.
Identiv (NASDAQ: INVE) und Novanta haben eine strategische Partnerschaft angekündigt, um RFID-Lösungen für Gesundheits-OEMs zu verbessern. Die Zusammenarbeit kombiniert Identivs RFID-Inlays, -Tags und -Etiketten mit Novantas ThingMagic-Lesemodulen und APIs, um umfassende vertikale Lösungen für Hersteller medizinischer Geräte bereitzustellen.
Die Partnerschaft wird sich zunächst auf die Entwicklung von RFID-Lösungen für medizinische Geräte und OEMs im Bereich der Lebenswissenschaften konzentrieren, wobei Anwendungen in intelligenten medizinischen Geräten, fortschrittlichen Diagnosen und tragbaren Geräten angestrebt werden. Die integrierten Lösungen zielen darauf ab, die Produktleistung zu verbessern, eine ordnungsgemäße Montage sicherzustellen und die Patientensicherheit zu erhöhen.
Die Zusammenarbeit zielt darauf ab, ein optimiertes Ökosystem zu schaffen, das die Implementierung von RFID für Hersteller vereinfacht, die Komplexität reduziert und die Markteinführungszeit beschleunigt. Die Partnerschaft wird die vernetzte Pflege und das Medikamentenmanagement mit Echtzeitüberwachungsfunktionen für die Vitalzeichen der Patienten, die Medikamenteneinhaltung und das Tracking von Krankenhausressourcen unterstützen.
- Strategic partnership expands market reach in healthcare sector
- Creates end-to-end RFID solutions for medical device manufacturers
- Potential for increased revenue through new medical technology applications
- Streamlined product integration could accelerate market adoption
- None.
Insights
This strategic partnership between Identiv and Novanta represents a potentially significant development for Identiv (NASDAQ: INVE), a smaller player in the RFID space with an
The healthcare RFID market is projected to grow at a
The collaboration addresses several critical healthcare challenges: medication errors (which affect nearly
From a competitive standpoint, this partnership creates a more complete solution stack to compete against larger RFID providers like HID Global and Zebra Technologies. By focusing on vertical-specific solutions rather than general-purpose components, the companies are positioning themselves in a less commoditized segment of the market.
For investors, this partnership's success will depend on execution and adoption timelines. Medical device integration typically involves 12-24 month development cycles and regulatory approvals, suggesting material revenue impact would likely begin in 2026-2027. The partnership represents a strategic pivot toward higher-value healthcare applications that could improve Identiv's margins and growth trajectory if successfully executed.
Identiv and Novanta to market new RFID-based solutions that fill much needed gap for medical device and pharmaceutical manufacturers
The initial focus of this collaboration will be to market RFID solutions for medical device and life science OEMs that can be incorporated into smart medical devices, advanced diagnostics, and wearable devices to improve product performance, ensure proper assembly and improve patient safety. By combining Identiv's expertise in RFID inlays with Novanta's advanced reader technology and APIs, the two companies plan to deliver a comprehensive suite of RFID-enabled solutions tailored to streamline and simplify the development process and product integration for medical device manufacturers.
"This collaboration with Novanta will facilitate the adoption of RFID technology in critical medical device applications," said Kirsten Newquist, CEO at Identiv. "By collaborating with Novanta to integrate our leading-edge RFID devices with their trusted reader technology, we are enabling innovative manufacturers to incorporate intelligence and performance, ensuring patient safety."
Healthcare manufacturers and their suppliers face increasing demands to improve efficiency and reduce costs, with stringent requirements for safety and compliance. The Identiv-Novanta partnership expects to yield an optimized ecosystem where manufacturers can easily evaluate and implement RFID solutions, reducing complexity and expediting time to market.
"Partnering with Identiv furthers our mission to offer innovative application specific solutions to our customers," said Lina Li, President of Precision Medicine at Novanta. "The Identiv relationship will support our connected care and medication management customers with real-time monitoring of key patient vitals like temperature, wetness, and patient motion as well as medication compliance and patient linen tracking. This is a game changer for patient safety and hospital compliance."
The collaboration between Identiv and Novanta underscores both companies' commitment to innovation and customer success in the medical technology sector. This partnership aims to ensure that medical device manufacturers have access to the most advanced, integrated solutions available, enhancing efficiency and supporting the next generation of medical technology advancement.
For more information about Identiv's IoT solutions, please reach out to iotsales@identiv.com.
About Identiv
Identiv's full-circle RFID-enabled IoT solutions create digital identities for physical objects, enhancing global connectivity for businesses, people, and the planet. Its solutions, integrated into over 1.5 billion applications worldwide, drive innovation across healthcare, consumer electronics, luxury goods, smart packaging, and more. For additional information, visit identiv.com.
About Novanta
Novanta is a leading global supplier of core technology solutions that give medical, life science, and advanced industrial original equipment manufacturers a competitive advantage. We combine deep proprietary expertise and competencies in precision medicine, precision manufacturing, robotics and automation, and advanced surgery with a proven ability to solve complex technical challenges. This enables Novanta to engineer proprietary technology solutions that deliver extreme precision and performance, tailored to our customers' demanding applications. The driving force behind our growth is the team of innovative professionals who share a commitment to innovation, the Novanta Growth System, and our customers' success. More information about Novanta is available on the Company's website at www.novanta.com.
Identiv Media Contact:
press@identiv.com
Novanta Media Contact:
Harinath.Reddy@novanta.com
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SOURCE Identiv
FAQ
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