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European Manufacturing & Logistics Scale-Up

Client is on fast track to receive CE Mark approval and launch product commercially in Europe within six months. To meet expected demand the company must rapidly transition from low-volume, in-house manufacturing to high-volume, proven contract manufacturers. In addition, the client requires substantial changes to product packaging and labeling. EU logistical support must also be established.

ACTIONS

  • Led weekly internal project team meetings
  • Evaluated and signed agreement with EU logistical distribution partner
  • Identified and conducted due diligence on five Irish contract manufacturers
  • Negotiated and signed three year supply agreement with Irish contract manufacturer
  • Evaluated and selected EU sterilization house
  • Incorporated redesigned packaging and labeling
  • Identified and recruited EU Operations Manager
  • Secured sterilization and validation expert (part of MedCelerate partner network)

RESULTS

  • First commercial product shipped by new logistical distribution partner within 90 days of project start
  • Initial finished goods inventory with new packaging configuration available six months after project start
  • Capable and robust supply chain established to meet future commercial launch requirements
  • Established internal EU operational capabilities

VALUE

  • Ability to generate significant international revenue; reducing future funding needs
  • Elimination of key risk factor for acquisition by strategic player
  • Positions client for future FDA pivotal trial requirements
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