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News
Contact:
Humera
Fasihuddin, Principal
413-222-5400
Bud
Beaudry, Principal
413-265-3716
For
Immediate Release
ANNOUNCING EDICAL MAY
New
Massachusetts Company, Edical May, Aids
Entrepreneurs In Commercializing Medical Device Inventions
Chicopee,
MA – February 14, 2005 – New
Massachusetts company, Edical May, aids entrepreneurs in
commercializing medical device inventions. The company was
formed by Humera Fasihuddin, most recently of the Regional
Technology Corporation (RTC), and Bud Beaudry of BTP Systems.
“In the four years that I have
worked to create the RTC, I have come to realize that there is a
market void for entrepreneurs that need a manufacturing partner
in the early stages of forming their business,” said Humera
Fasihuddin. “The typical contract manufacturer turns away
startups because of the risk of company failure and the
possibility that they may get stuck with inventory. We’ve built
a business that’s designed to partner with a company early on,
open doors that increase their opportunities of success, and see
them through the first 100, 1,000 and possibly 5,000 units.”
“We provide a level of
personalized, hands-on service,’ adds Bud Beaudry. “We work to
build a long-term relationship with our customer, no matter how
large or small. We start by educating ourselves about the
product, application and market and we propose solutions that
can best position our client /partner and our own company to
succeed.”
The company will leverage the
business model that made Bud Beaudry’s company, BTP Systems, a
success. Specifically, Edical May will manufacture products
leveraging some in-house capability. Beyond that, the company
will lead a team of highly-skilled, small, regional
manufacturers who do not “market” themselves to medical device
sector. “This allows certain flexibility in capacity and
capability,” says Bud Beaudry, who has attained $1 million in
revenue in the thirteen months BTP Systems has been providing
manufacturing and services to the defense sector.
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ABOUT Edical May
Edical May enables
entrepreneurs, surgeons, engineers and other innovators to successfully
commercialize new medical devices.
Through its extensive contact base and manufacturing capability,
Edical May helps customers ramp-up quickly and gain significant
traction in their respective marketplaces.
Edical May
provides a personalized, hands-on-approach and a sharp business
development savvy to enhance our customer's success in the
medical device industry. Our team offers eighty years of combined manufacturing experience in plastics, precision machining,
electronics and assembly. Team members have partnered with companies
like Boston Scientific, Laerdal, Genzyme, Respironics
and Abbott Laboratories.
For more information about Edical May, visit
www.edicalmay.com
or call 413-593-3568.
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