29 Nov 25 Years of Sharps Safety and Excellence
2024 marks a significant milestone for all of us here at MediPurpose. Since our inception in 1999, we have dedicated ourselves to the mission of providing top-notch medical device quality and customer service to partners worldwide. From the very first lancet shipped, we have consistently improved and expanded upon our offerings, establishing ourselves as a reliable partner for sharps safety.
“The journey of bringing the company to where it is today has been especially gratifying and fulfilling”, says founder and CEO of MediPurpose Patrick Yi. He considers the company’s 25th year anniversary a tremendous personal and professional achievement, as most businesses do not survive their 5th year.
“25 years is an extraordinary lifespan for a company. According to Forbes, 20% of small businesses fail within their first year, and half go out of business within five. Only about 30 percent make it to their 10th year, which makes our 25th year of operations a really special, remarkable feat.”
– Patrick Yi, founder and CEO
We launched our first medical device, the SurgiLance Safety Lancet, in 2000 soon after the Needlestick Safety legislation was adopted in the US. In 2010, we added the babyLance safety heelstick.
In 2019, we ventured into new territory and launched the Anzen™ Safety Scalpel, a safety scalpel with a reusable metal handle. With our expertise, longevity and proven track record, we are confident in the product’s ability to deliver and revolutionize the market for sharps safety in the Operating Room.
Through the years, we have powered through economic crises such as the 2008 global financial crisis, health outbreaks such as SARS, and the most recent Covid-19 pandemic which saw countless businesses shuttered as a result of lockdowns. In spite of all these challenges, we have triumphed with impressive results: We have sold 1.6 billion lancets in the last two decades, are en-route to selling two billion, and have achieved an impressively low annual complaint rate of 0.00002% since 2003.
At MediPurpose, we pride ourselves immensely on being future-ready, transitioning to virtual offices and work-from-home arrangements from as early as 2011. It was a pivotal decision which helped the company remain cost-effective and reduce commute time tremendously for employees, and was retrospectively a move ahead of its time. In 2020, while businesses of all sizes struggled to switch to remote workspaces, MediPurpose was able to focus on its consolidation and plans for an uncertain future, having gone entirely virtual almost a decade before the pandemic.
To have emerged from each crisis stronger as a company is a testament to our tenacity, adaptability and unwavering commitment to deliver the best in all that we do.
Our success today would not have been possible without the numerous valued partners who have placed their trust in us over the years. We would like to take this opportunity to extend our most heartfelt thanks to all of our customers for choosing us. The longevity of our many partnerships is a glowing testimony of how we have proven ourselves a reliable and effective business partner. Each contract awarded to us is a firm nod of approval of our products, services and values, and we are beyond honored to receive your continued vote of confidence to deliver quality medical devices for your needs.
As we celebrate our quarter-century milestone, our team remains committed to the pursuit of excellence. We continue to be driven by values of innovation, quality and customer satisfaction.
From all of us here at MediPurpose, thank you for the past 25 years. We look forward to working with you for many more years to come.