Tuesday, April 13, 2010

Presenting at AZBio's Southwest Bioscience Expo 2010

We have been selected to be one of the presenting companies at this year's AZBio conference. Our presentation is an overview of our capabilities and past projects in product development. We will also discuss our investment approach the types of IP we are looking to license. The conference is on May 21st in Tucson, Arizona. Click here from more information on the conference.

Friday, April 2, 2010

Achieving Milestones: PADT Purchases Building to Create Space for Collocating Startups

PADT is pleased to announce that it is one step closer to achieving its vision to incubate medical device startups within its R&D facility in the ASU Research Park. PADT has purchased the building that it has resided in for the last 8 years. With the purchase of the 48,000 sq ft facilities, PADT Medical can help investment-backed medical device companies reduce time and cost to market by collocating and seamlessly integrating with PADT's product development staff and infrastructure.

"The ASU Research Park is a superb location for us. The purchase lowers our operating costs and enables more freedom to offer incubation space to local startups," according to Ward Rand, President of PADT.
PADT has been working to partner with local startups that fit with PADT's business model and being able to offer space is a part of that effort. Collocating at PADT provides seamless access to the following:


  • Infrastructural support: Office space, conference rooms, telephone and web service, accounting support, etc.

  • Engineering support including: Design/engineering expertise, CAD, FEA simulation, prototyping, instrumentation, testing, clean room, and final assembly.

  • Commercialization support: Funding, strategic planning, manufacturing implementation, access to ISO 13485 compliant quality system.

To learn more about how your medical device startup company can benefit from collocating at PADT, please contact Scott Klopfenstein.