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Is a single contract manufacturer the best option? Eric Sugalski | President | Smithwise |
For medical device startups, entering the manufacturing stage can be a daunting, frustrating and time-consuming process. Often, medical device startups will meet no-quotes or show stopping quotes from contract manufacturing organizations (CMOs) for their pilot builds. This is often due to the economic realities facing CMOs. It takes a significant amount of up-front time to identify the right suppliers, procure quotations and build manufacturing processes that result in high quality medical devices. This up-front time investment incurred by CMOs simply may not be justified by the downstream manufacturing revenues for a low-volume pilot build. For medical device startups, a “divide and conquer” strategy may be the most logical one for pilot builds. Although this puts more of the
supply chain and manufacturing responsibilities on the product engineering team, it also presents a number of advantages that should be considered. Gaining component supplier insights Medical devices are typically comprised of various plastics, electronics, metals and fasteners received from numerous suppliers. Component suppliers, such as injection molders and machine shops, are often willing to engage in low-volume production orders. In addition to their production collaborations, component suppliers are often willing to provide material samples and feedback on designs in order to optimize manufacturing processes. Implementing this supplier feedback can often drive down costs and improve quality of a new medical device.
Composite Metal Wire for Medical Devices High Strength • High Conductivity Biocompatible • Radiopaque • Resilient Flexible • Kink Resistant • Cost Effective Alternative to Solid Precious Metal Wire
Combine two or more metals or alloys into a clad metal wire "system" that acts as one.
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