Navigation Links
New White Paper, "Five Biggest Myths about Medical Products Outsourcing," Finds OEM's Concerns are Often Unfounded

BILLERICA, Mass., July 24, 2012 /PRNewswire/ -- A new white paper, "The Five Biggest Myths about Medical Products Outsourcing," examines the reasons why five typical areas of concern about outsourcing medical products manufacturing are often unfounded. In addition, the paper outlines the advantages that outsourcing can provide original equipment manufacturers (OEMs) in terms of delivering quality products on time and on budget. The paper is available now for download at from LAB Medical Manufacturing.

Outsourcing medical product manufacturing is a thriving industry. In the U.S. alone, more than 3,000 firms offer their services as a contract manufacturer (CM) for medical devices, instruments, and implants. Most leading original equipment manufacturers (OEMs) of medical products employ at least some CMs; many have made them permanent parts of their manufacturing resource strategy.

However, some OEM planners resist using CMs, or have difficulty selecting the right one.

The white paper, titled "The Five Biggest Myths about Medical Products Outsourcing," discusses the five top myths about outsourcing medical product manufacturing that lure OEMs into falling prey to misunderstandings or concerns. These include cost, quality, or product complexity, or about maintaining control of intellectual property, or feel insecure about utilizing any but the very largest CMs.

The five myths are:

  • Myth #1: The lowest purchase price equals the lowest cost.
  • Myth #2: Every source offers the same quality.
  • Myth #3: You can only outsource the simple stuff.
  • Myth #4: Outsourcing equals losing control.
  • Myth #5: Size matters most.

OEMs may entertain several fears that make them reluctant to use new contract manufacturers, or indeed to employ CMs at all, according to the white paper. However, the right CM, with the relevant resources and with experience in a given product type, can often be a good fit to an OEMs' requirements.

A nimble, right-sized CM can offer a fruitful collaboration that produces improved medical instruments and implants — on time and on budget — to achieve enhanced patient outcomes, the white paper reports.

Download the new white paper, "The Five Biggest Myths about Medical Products Outsourcing," from

About LAB Medical Manufacturing

LAB Medical Manufacturing, Inc., is a world-class contract manufacturer of high-precision medical devices and implants for leading original equipment manufacturers (OEMs). Its high-quality, cost-effective solutions help achieve better patient outcomes while reducing health care expenses. Founded in 1984, the company combines a passion for problem-solving with comprehensive in-house resources; exceptional engineering; unmatched application expertise; and flexible, integrated manufacturing. It is ISO 13485:2003 certified and FDA registered as a contract manufacturer. LAB Medical maintains facilities in Billerica, Massachusetts, USA, and Nowa Deba, Poland. Visit the company website at

SOURCE LAB Medical Manufacturing
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. NABP Alerts the Public About Online Drug Sellers Taking Advantage of Drug Shortage Fears
2. Receptos to Deliver Scientific Presentation at Digestive Disease Week 2012 about the Therapeutic Role of RPC1063 in Inflammatory Bowel Disease
3. Home Access on the facts about FDA approval of HIV at-home screen product
4. Lung Cancer Alliance Congratulates 75 Medical Centers For Moving Swiftly And Responsibly On Lung Cancer Screening
5. Medical Device Developers - Network at BIOMEDevice Boston Next Week
6. Winner Medicals Special Committee Appoints Independent Financial Advisor and Retains Legal Counsel
7. Study Finds Utilizing Integrated Medical and Pharmacy Data Improves Ability to Forecast Use of High-cost Specialty Treatments
8. CareFusion to Sell Neurodiagnostic Business to Natus Medical for $58 Million
9. ulrich medical USA™ Releases New Expandable Spinal Implant for US Market
10. Qmed, the Leading Global MedTech Industry Resource, Partners with Clarimed, to Provide the Medical Manufacturing and Healthcare Industry with FDA Reports on Adverse Events
11. Essential Medical Dismisses Patent Case against Masimo and Cercacor
Post Your Comments:
(Date:10/13/2015)... Calif. , Oct. 13, 2015  Asterias ... agreement with the UK-based Cell Therapy Catapult to ... AST-VAC2, Asterias, allogeneic dendritic cell immunotherapy. Under the ... scale manufacturing processes for AST-VAC2 to support advanced ... --> --> The ...
(Date:10/12/2015)... Apheresis is an invasive process that involves the ... components from whole blood. In this procedure, the blood of ... machine or a blood cell separator. The apheresis equipment spins ... components. A selected part of the blood is removed, and ... patient. It involves the use of devices and disposables along ...
(Date:10/12/2015)... 12, 2015  The Pharmacy Compounding Accreditation Board ... Pharmacy in Costa Mesa , ... the pharmacy,s commitment to meeting and/or exceeding national ... --> --> ... --> --> Harbor Compounding ...
Breaking Medicine Technology:
(Date:10/13/2015)... ... 13, 2015 , ... According to an article published October 5th ... who successfully lose weight with a bariatric procedure are much less likely to develop ... notes that anywhere from 40 to 50 percent of all endometrial cancer cases are ...
(Date:10/13/2015)... , ... October 13, 2015 , ... Symposium Chairman, Dr. ... 19th annual Dallas Cosmetic Symposium to be held March 2nd and 3rd, 2016. The ... afterwards, draws plastic surgeons and cosmetic physicians from around the world. , Key topics ...
(Date:10/13/2015)... ... October 13, 2015 , ... ... unique private messaging application, announced today a significant contract that will provide its ... Independence plans to build on the growing success of its Relay program, IBX ...
(Date:10/13/2015)... ... ... NavaFit Inc. today announced the launch of its NavaFit app for iPhone® ... fitness & sporting events, and stay motivated. Users can download the apps ... to get more serious about fitness and wellness, individuals are constantly looking for new ...
(Date:10/13/2015)... ... 2015 , ... Protein is essential to good health. You need it to ... how much protein does the average man need in order to stay healthy? ... 2015 issue of Harvard Men's Health Watch . Most Americans get about 15% ...
Breaking Medicine News(10 mins):