Inteprod LLC Company Profile

Background

Founded in 2004, Inteprod LLC is a full-service contract manufacturer specializing in the medical device, medical diagnostics, and food safety diagnostics industries. The company is ISO 13485 certified and FDA registered, underscoring its commitment to quality and regulatory compliance. Inteprod offers comprehensive engineering and manufacturing services, including design, development, and production of complex electromechanical devices and systems. Their expertise encompasses handheld devices, point-of-care diagnostics, patient monitoring devices, analytical instruments, minimally invasive surgical instruments, and consumables.

Key Strategic Focus

Inteprod's strategic focus lies in delivering end-to-end solutions for the development and manufacturing of medical technologies. The company emphasizes:

Design and Development: Offering services from concept and technology development to feasibility studies, industrial design, mechanical and electrical engineering, software development, and assay development.

Manufacturing Excellence: Providing design for manufacturing, product and process verification, quality and regulatory assurance, rapid prototyping, supply chain management, and post-production support.

Regulatory Compliance: Maintaining ISO 13485 certification and FDA registration to ensure adherence to stringent quality and regulatory standards.

By integrating these capabilities, Inteprod aims to support clients throughout the entire product lifecycle, from initial design to full-scale manufacturing and sustaining engineering.

Financials and Funding

Inteprod LLC has demonstrated consistent growth since its inception. In 2011, the company was ranked 665th on the Inc. 5000 list of fastest-growing private companies in America, with a three-year growth rate of 478%. Additionally, Inteprod secured the 12th spot on the 2011 Philadelphia 100® list, recognizing the fastest-growing privately-held companies in the Philadelphia region.

The company's annual revenue is estimated to be between $5 million and $10 million, with a workforce ranging from 11 to 20 employees. In 2021, Inteprod raised a total of $267,000 in funding over one round.

Technological Platform and Innovation

Inteprod distinguishes itself through its comprehensive technological platforms and innovative methodologies, including:

Complex Electromechanical Systems: Expertise in developing and manufacturing intricate electromechanical devices and systems tailored for medical applications.

Lab-on-a-Chip (LOC) Technology: Proficiency in integrating LOC technology for point-of-care diagnostics, enabling rapid and accurate testing.

Quality Assurance and Compliance: Implementation of robust quality management systems to ensure product safety and efficacy, adhering to ISO 13485 standards.

These capabilities enable Inteprod to deliver high-quality, reliable products that meet the stringent demands of the medical and life sciences industries.

Leadership Team

Inteprod's leadership team comprises experienced professionals dedicated to advancing the company's mission:

Rick Smethers: Chief Executive Officer and Chief Technical Officer, Founder.

Suzanne Smethers: President, Founder, and Quality Manager.

William Burns: Vice President of Operations.

Marc Ryba: Director of Engineering.

Clint: Engineering Project Manager.

Craig Jacoby: Engineering Program Manager.

This team brings a wealth of experience in medical device development, manufacturing, and quality assurance, driving Inteprod's commitment to excellence.

Competitor Profile

Market Insights and Dynamics

The global medical device outsourcing market is projected to reach $50.37 billion by 2020, driven by increasing demand for cost-effective and efficient manufacturing solutions. Inteprod operates within this dynamic landscape, offering specialized services to meet the evolving needs of the medical technology sector.

Competitor Analysis

Key competitors in the medical device contract manufacturing industry include:

NDH Medical: Specializes in medical device manufacturing with an estimated revenue of $4.2 million and approximately 19 employees.

Europlaz Technologies: Offers contract manufacturing services with an estimated revenue of $22 million.

TRACOE: Focuses on medical devices with an estimated revenue of $62.7 million.

Enzymatica: Operates in the medical device sector with an estimated revenue of $80.8 million.

BiO2 Medical: Provides medical device solutions with an estimated revenue of $11.7 million.

These competitors offer a range of services in medical device manufacturing, each with unique capabilities and market positions.

Strategic Collaborations and Partnerships

Inteprod has been recognized as a key player in the medical device outsourcing market, highlighting the company's strategic position and potential collaborations within the industry.