MedWatch

Coloplast CEO on buying spree: "Something has to happen"

Medtech firm Coloplast is being encouraged to put some of its billions to use, and CEO Kristian Villumsen sort of agrees. But not at any cost.

Photo: Stine Bidstrup/ERH

They've had plenty of bullets, but so far no wish to pull the trigger. Lucrative medtech firm Coloplast is technically on a buying spree, firstly and foremostly in order to strengthen its urology business leg, which needs scale.

"Something has to happen in urology, especially on the side of products and technology, because we haven't invested in innovation for a number of years after the cases we had in the US," says Coloplast CEO Kristian Villumsen.

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