San Jose, Calif. – October 31, 2011 – Asante Solutions, Inc. (Asante), a medical device company focused on diabetes care, will be relocating in late November to their new headquarters at 352 Java Drive in Sunnyvale, Calif., leasing 28,322 square feet of R&D space. Marne Michaels, senior vice president with Colliers International, represented the company in the transaction. Asante is currently located in 11,846 square feet at 1012 Stewart Drive in Sunnyvale.
In May 2011, Asante announced that it had received 510(k) clearance from the U.S. Food and Drug Administration for its Pearl Insulin Pump. The Pearl Insulin Pump’s many user-friendly features are designed to make the Pearl an easy to use system for those on intensive insulin therapy. This move into a significantly larger facility will accommodate the company’s ongoing commercialization plans and manufacturing scale up.
Phil Hopper, Asante’s CEO and president, commented in a May 2011 press release, “We are pleased to accomplish these important regulatory milestones, and are particularly proud to be the first fully programmable insulin pump cleared under the FDA’s new, more comprehensive and stringent infusion pump guidelines. These milestones validate our sensible approach to solving some of the fundamental challenges faced by more than 500,000 people worldwide who use an insulin pump or are considering insulin pump therapy.”
For more information on Asante and the Pearl insulin pump, please visit www.asantesolutions.com.
Marne Michaels, who specializes in the leasing and sales of medical device facilities at Colliers International in San Jose, commented, “Asante is an incredible company and their move to Moffett Park is a strategic as well as a logical progression for them. Their new space fully supports their current requirements and will accommodate their future growth.”
Jeff Fredericks, Managing Partner of Colliers’ Silicon Valley office, commented, “I’m proud of Marne’s work with Asante. Colliers will continue to deliver top-shelf service for the medical device sector.”
About Colliers International
Colliers International is the third-largest commercial real estate services company in the world with 12,500 professionals operating out of more than 500 offices in 61 countries. Colliers International focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research. Commercial Property Executive magazine ranks Colliers International as the top U.S. real estate company and the Lipsey Company ranks Colliers International as the second most recognized commercial real estate brand in the world. For more information, please visit our Web site at http://www.colliers.com.
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