Fortville-based Genesis Plastics Welding Inc. has launched a new division focusing on the medical device industry. The company says MedTech Launch will assist medical device startups in navigating the product launch process, from initial concept to production.
Genesis Plastics Welding manufactures plastic products for medical, military and other industries. The company says MedTech Launch will have a focus on design, prototyping, quality management, risk management, regulatory support and overall manufacturability for its medical device clients.
MedTech Launch will be led by Nathan Glass, who will serve as vice president of product development. Tom Ryder, chief executive officer of Genesis Plastics Welding, says the demand for outsourced design engineering expertise is skyrocketing throughout the world.
"Often times, new medical device start-ups struggle to find the proper expertise and resources to help guide them through the development process with excellence and ease," said Ryder. "With our longevity as a leading medical device contract manufacturer bridging the innovation gap for OEMs, we’re thrilled to take this next step and support our clients through all phases of the design and development process."
Financial terms of Genesis Plastics Welding’s investment in the new division were not disclosed. The company has added five jobs as a result of the move.