An innovative young medical device company asked our medical device consultants to help identify a new sub-contract manufacturer and component supplier for a second generation medical device.
A young medical device company had developed a novel device for the treatment of a chronic condition that is becoming increasingly prevalent in the developed world. The device was complex, incorporating high precision injection moulded parts, multi-layer extruded tubing, electronics and software. This led to a complex and geographically dispersed supply chain with vendors requiring quite unique expertise to manufacture the component and sub-assemblies of the device. A consequence of this complexity was that the supply chain was difficult to manage and there were unacceptable delays in product supply. This prompted the company to develop a second generation device that was easier and less expensive to manufacture. This new device required a different set of manufacturing processes. At the same time the client made the decision to take more control over the supply chain and to contain it within relatively tight geographical boundaries. Our medical device consultants were asked to draw up a list of criteria that suppliers should meet and then use this to find new suppliers for the key stages in the manufacturing process.
We are a specialist medical device consultancy consisting of industry experts with long and successful track records in commercialising medical device products. We have broad functional and sector experience, and would welcome an opportunity to discuss with you any challenge relating to creating sustainable value from medical technologies.
Munna Choudhury of Alacramed will be attending UK BIOTECH SUMMIT 2019, on
Mark Wickham of Alacramed will be attending Med-Tech Innovation Expo 2019 at
We understand the need for accurate, tailored health economic and budget impact
Alacramed Ltd, St Johns Innovation Centre, Cowley Road, Cambridge,
+44 (0) 1223 421885