03 Nov MediPurpose Launches Medical Device Innovation and Distribution Divisions; Angel Funding Capabilities Also Announced
NORCROSS, Ga., Nov. 3 — MediPurpose recently announced the launch of two new divisions, Innovation and Distribution, to support new medical device inventors and existing medical product companies.
Part of an ongoing initiative to leverage MediPurpose’s medical device development experience, marketing strengths and distribution channels, the expansion also includes angel funding opportunities.
“With the success of our SurgiLance™ Safety Lancets and opportunities to leverage our marketing strengths and distribution channels, we have always believed that the company would become more than just a lancet or safety products company,” said MediPurpose CEO Patrick Yi. “We want to use our experience to help other innovators introduce new product innovations to the global healthcare market and other medical device companies to expand their market reach.”
Medical Device Innovation
MediPurpose’s Innovation division is a center for medical device development, both for the company’s own inventions as well as inventions from other innovators.
Guided by Yi’s expertise in taking a concept through development, implementation and sales and marketing, the Innovation division is responding to a need within the medical device innovation market.
“Over the last few years, medical device innovators have been reaching out to us for help with refining and introducing their innovations,” said Yi. “Since MediPurpose has the funding, proven methodology and global experience to assist innovators and inventors through the entire process, it became evident that this was a direction we needed to pursue.”
Along with its development support, the new division will provide angel funding, something that is not widely available for medical device inventors.
“And unlike most individual angel investors, we also provide the critical support and guidance you need to navigate your journey of developing, testing and commercializing your invention,” said Yi.
Medical Product Distribution
As a master distributor with a comprehensive, worldwide network that reaches all healthcare segments, MediPurpose’s new Distribution division will help medical device companies and innovators deliver their products to global healthcare markets.
“Many companies require assistance getting into the U.S. market,” said MediPurpose President Randy Prather. “In fact, many even need help making a ‘go’ or ‘no go’ decision with regard to U.S. distribution. MediPurpose is uniquely positioned to help them.”
Founded in 1999, MediPurpose is a leading medical device company headquartered in Singapore, with offices in the United States and the United Kingdom.
Known for its innovation of the SurgiLance™ Safety Lancet, MediPurpose has leveraged its success in the medical device industry to become a master medical product distributor.
MediPurpose also offers angel funding, medical product development and medical device consulting for medical device inventors and medical product companies seeking entrance or expansion into the medical device markets.
For more information about MediPurpose’s medical products, medical distribution channel management services and medical product development services, please visit www.medipurpose.com.