The September 2017 issue of MPO includes the following article by Tegra Medical VP Mike Treleaven:
Once deciding it’s time to outsource device manufacturing—as more original equipment manufacturers (OEMs) are doing these days—how does one choose the right partner?
Start by considering the OEM’s priorities. Is the goal to simplify the manufacturing process in order to focus on the research and development of new products? Is the marketing and distribution of existing products to new channels the driving force behind this decision? Or is the company entering into a merger or acquisition? A steadily increasing number of OEMs are focusing on their core business and hiring a contract manufacturer (CM) to create the finished device from top to bottom, handling the entire process from prototyping to production.
These medical device companies are engaging with manufacturers who offer end-to-end solutions, or “one-stop shopping.” While many companies claim to offer this suite of services, true end-to-end providers offer all the development, manufacturing, and packaging services necessary to get medical devices and components to market. Once a solid relationship is established between the OEM and an end-to-end contract manufacturer, it should be a smooth transition to accommodate evolving needs.