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What medical device companies should consider before outsourcing to an FDA registered contract manufacturer

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By Rod Cain RBC Medical Innovations

So you are thinking about outsourcing the production of your medical device to an FDA registered contract manufacturer?

To help you with this significant business decision we have provided a general list of considerations as a means of assisting your efforts in identifying the appropriate opportunities that may be able to leverage the strengths of outsourcing and ensure you choose the right partner who can support your business objectives.

How Could a Medical Device Contract Manufacturer Contribute?

Tegra Medical names J. Mark King new CEO

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BOSTON, MA, January 15, 2014 – Tegra Medical is very pleased to announce the appointment of Mr. J. Mark King as its new Chief Executive Officer. Mark was promoted from his current role of Chief Operating Officer, in which he has overseen the company’s four facilities in Massachusetts, Mississippi, and Costa Rica. Mr. King joined Tegra Medical in 2012 with 20+ years of broad-based operations, sales, engineering and manufacturing experience in medical device businesses, both in branded product lines and in contract manufacturing. Prior to joining Tegra, Mark was President and CEO of Clinical Innovations, a market leader in women’s health medical devices.

Applied Silicone Launches Ultra-Soft LSR

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Santa Paula, Calif. – Applied Silicone Corporation, a global supplier of long-term implantable silicones for the medical device and critical healthcare market, introduces Ultra-Soft LSR (Liquid Silicone Rubber) products for the implantable materials market. Ultra-Soft LSR is formulated specifically for long-term implantation in the human body (>30 days) and provides a very soft liquid silicone rubber measured in Type OO and Type OOO durometer scales.

GPO: Premier adds another member to its women- and minority-owned supplier program

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PremierHealthcareAlliance

Broadline Medical Inc., a Richmond, Calif.-based medical supplies maker, won a contract to supply sponges and towels to group purchasing organization Premier healthcare alliance.

The GPO is touting the deal as part of its diversity program to help female, minority and veteran-owned businesses. The program, called SEEDS (Sourcing Education & Enrichment for Diverse & Small Suppliers) has 4 existing members.

GPO: Premier touts new contracts in diagnostics, skin integrity, equipment liquidation

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Premier and Sysmex American re-up their contract for the 15th year running

Sysmex America landed 3 contracts with Premier healthcare alliance for hematology and urinalysis products, marking the 15th consecutive year of deals with the GPO. Sysmex American is the U.S.-based subsidiary of Japanese diagnostic device company Sysmex Inc.

Jabil buys Nypro for $665 million

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Nypro

Nypro Inc. said it agreed to a $665 million buyout from Jabil Circuit (NYSE: JBL), 1 of the largest contract manufacturers in the world.

Clinton, Mass.-based Nypro manufactures plastic products and components for the healthcare, packaging and consumer goods markets. The privately-held company has about 12,000 employees worldwide and generates roughly $1 billion per year in sales.