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My ‘First Billion’: Reflecting on Shipping Our Billionth SurgiLance Safety Lancet

By Patrick Yi on
Patrick Yi
In the late 70s, I started my career building software and then moved on to buil
User is currently offline
Jun 06 in MediPurpose™ Medical Products 1 Comment

Recently, we shipped our billionth SurgiLance™ safety lancet to AOSS Medical! Wow! That means we have literally touched (or pricked) patients’ lives a billion times since we sold our first SurgiLance safety lancet in 2000!

SurgiLance AOSS award

When Did It Start?

It all began in 1998 when my brother-in-law, John, invented the original SurgiLance safety lancet and invited me to help him build the company that is now MediPurpose. When we started the new Singapore company to develop a new safety lancet and market it in a faraway country, I could not imagine selling a billion safety lancets 15 years later!

What Did We Do?

As recounted in our medical device development success story and medical product distribution success story, we:

  • Bootstrapped the company without the help of any venture capital funding

  • Developed the SurgiLance brand through delivering quality products that met the needs of healthcare users

  • Developed partnerships with distribution companies like AOSS Medical

  • Developed the MediPurpose corporate brand by delivering superior customer service to our distribution partners and their customers

Where Are We Now?

Fifteen years later, I look back with pride on what we have achieved, which includes our:

  • Flagship medical product, SurgiLance, one of the top five safety lancet brands worldwide

  • Dedicated team of in-house professionals that work in the United States, Singapore and Europe

  • Dedicated partners that have remained with us for many of those 15 years

  • Worldwide distribution partners

Where Are We Going?

Our mission is to provide innovative healthcare solutions that are valued by our customers and partners. To achieve this, we collaborate with innovators and medical product suppliers to take their ideas and products from concept to commercialization. With this new direction, we:

We look forward to our first billion dollars as we expand our medical product portfolio!


 

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Tags: Medical Product Distributors, SurgiLance™ Safety Lancets, Needlestick
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Comments

Guest
Medical Marketing Thursday, 13 June 2013 · Edit Reply

I am very happy to share in the significance of selling the first billionth Safety Lancet! Not only is it a personal accomplishment for MediPurpose, on a larger scale it's significance greatly contributes to the medical device community and health care overall.

Several statistics referenced below are found on http://selectusa.commerce.gov/industry-snapshots/health-and-medical-technology-industry-united-states and speaks to the impact of the MediPurpose Safety Lancet within the medical device community.

The United States leads the world in the production of medical technologies and is the industry’s largest consumer.

The U.S. medical device market value exceeded $110 billion in 2012, representing about 38 percent of the total medical technologies industry.

U.S. exports of medical technologies in key product categories identified by the Department of Commerce (DOC) were valued at approximately $44.2 billion in 2012.

U.S. medical device companies are highly regarded globally for their innovations and high technology products. Congratulations to MediPurpose for it's contribution to the medical device community!

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