Profile: STERIS Corp (STE)
22 May 2015
STERIS Corporation (STERIS), incorporated on August 9, 1985, is a provider of infection prevention and other procedural products and services. The Company is focused on healthcare, pharmaceutical and research. STERIS offers capital equipment products, such as sterilizers and surgical tables, and connectivity solutions, such as operating room (OR) integration; consumable products, such as detergents and skin care products, gastrointestinal (GI) endoscopy accessories and other products; services, including equipment installation and maintenance; microbial reduction of medical devices, instrument and scope repair solutions, and laboratory testing services.
The Company operates through three business segments: Healthcare, Life Sciences and STERIS Isomedix Services. The Healthcare segment provides surgical, sterile processing, infection prevention and gastrointestinal solutions. It offers support to the operating room, as well as to the sterile processing functions where instruments are reprocessed between surgeries and gastrointestinal procedures. The Life Sciences segment serves the pharmaceutical manufacturers and research organizations by providing decontamination and sterilization technologies, products and services. The Isomedix segment provides ethylene oxide and gamma irradiation services on a contract basis through a network of facilities in North America, where STERIS processes medical devices and other products.
The Company’s Healthcare segment manufactures and sells capital equipment, accessory, consumables, information support and service solutions to healthcare providers, including acute care hospitals and surgery and gastrointestinal (GI) centers. The segment offers steam, vaporized hydrogen peroxide and ethylene oxide (EO) sterilizers, as well as liquid chemical sterilant processing systems; Automated washer/disinfector systems that clean and disinfect a wide range of items from rolling instrument carts and other large healthcare equipment to small surgical instruments; general and specialty surgical tables, surgical and examination lights, equipment management systems, operating room storage cabinets, warming cabinets, scrub sinks, and other products and accessories for use in hospitals and other ambulatory surgery sites; Gastrointestinal endoscopy accessories for a variety of GI procedure areas, including bleed management and procedure irrigation, foreign body retrieval, polypectomy and tissue acquisition; connectivity solutions, such as operating room (OR) integration, OR and sterile processing department (SPD) workflow, patient tracking and instrument management that allow for transferring information and images throughout the hospital and between hospitals around the world. The brand names for the products include SYSTEM 1E, Amsco, Hamo, Reliance, Cmax, Harmony, Kindest Kare, Alcare, Verify, Cal Stat, Roth Net, Little Sister and T-Series.
The Company competes with 3M, Belimed, Cantel Medical, Ecolab, Getinge, Go Jo, Johnson & Johnson, Kimberly-Clark, Skytron and Stryker.
The Life Sciences segment manufactures and markets a range of capital equipment, formulated cleaning chemistries and service solutions to pharmaceutical companies, and private and public research facilities around the world. STERIS offers formulated cleaning chemistries that are used to prevent biological and chemical contamination and to monitor sterilization and decontamination processes, including products used to clean components used in manufacturing, decontaminate systems, and disinfect or sterilize hard surfaces. It also provides Vaporized Hydrogen Peroxide (VHP) generators, which are used to decontaminate spaces, from small isolators to large pharmaceutical processing, and laboratory animal rooms. It also offers water equipment, which generates water for injection and pure steam. Under the Life Sciences segment, the Company offers sterilizers used in the manufacture of pharmaceuticals and biopharmaceuticals as well as sterilizers for equipment and instruments used in research studies, mitigating the risk of contamination. Its Washer/disinfectors decontaminate large and small components in pharmaceutical and industrial manufacturing processes and in research labs, such as glassware, vessels, equipment parts, drums, hoses and animal cages. In this segment, the Company’s products are offered under various brand names Amsco, Reliance, Finn-Aqua, VHP, and the CIP Products.
STERIS’s Life Sciences segment offers various preventive maintenance programs and repair services to support the operation of capital equipment over its lifetime. Field service personnel install, maintain, upgrade, repair, and troubleshoot equipment across the world. The Company also offers consulting services and technical support to architecture and engineering firms, and laboratory planners
The Company competes with Belimed, Ecolab, Fedegari, Getinge, MECO, Stilmas and Techniplast.
STERIS Isomedix Services
The STERIS Isomedix Services segment operates through a network of 19 facilities located in North America. It markets an array of contract processing services using gamma irradiation (Gamma) and ethylene oxide (EO) technologies as well as an array of laboratory testing services. It offers microbial reduction services based on customer specifications to companies that supply products to the healthcare, industrial and consumer product industries. The Company uses Gamma and EO technologies to provide a range of processing services at its facilities. Its technical services group supports customers in various phases of product development, materials testing and process validation.
5960 HEISLEY RD
MENTOR OH 44060-1834