by Genesis Plastics Welding Marketing Team Genesis Plastics Welding Marketing Team

Indiana a Hotbed for Life Sciences

Indiana a Hotbed for Life Sciences, Medical Device Development

OEMs looking to strengthen the ROI of their medical devices might benefit from exploring one rising hotbed for life sciences: Indiana. The state’s central location, relatively low cost of doing business, and strong life sciences climate make it a powerful combination that’s fueling demand across the sector, reports BioFutures. But that’s not all.

A few attributes unique to the Indiana market make it particularly attractive to medical device manufacturers. We’ll touch on some of those attributes below.

A data-driven perspective

If health data is king, then Indiana is its throne. The state is home to the nation’s largest health information exchange and the first-of-its-kind 5G Zone, designed to drive testing and development of 5G-enabled technologies.

At the Indiana Connected Health IoT Lab, various sectors (e.g. pharma, manufacturing, insurance, health IT, and more) convene to collaborate on emerging, health IoT technologies. The Regenstrief Institute boasts more than 20 scientists working on numerous health-data-centered initiatives, and the Indiana Data Hub provides a repository of data “available for analysis, collaboration and innovation,” reports BioFutures.

These examples are just a taste of the vast life sciences ecosystem in the state. Altogether, “Indiana has demonstrated a data-driven perspective that others have only recently grasped,” said Euan Cameron, CEO of Cohesion Medical based in Glasgow, Scotland.

A logistics powerhouse

With “Crossroads of America” as its official motto, Indiana is a logistics powerhouse, with nine interstates converging in Indianapolis plus the presence of the second largest FedEx hub in the nation. For OEMs, that adds up to faster, more efficient distribution of products.

Dallas-based Life Science Logistics is among the companies moving to Indiana to take advantage of those efficiencies. “Indiana in general is a great state for distribution, being centrally located to the U.S. population,” said John Blackington, the company’s business development director, to BioFutures. “We can reach about 80% of the population on the ground within a couple of days.”

Heavy investment in research, innovation, talent

Indiana’s heavy investment in research, talent and collaboration in life sciences is apparent in the rapid growth of startups and mid-tier companies in the state.

In 2019, Indiana’s major universities drew record funding for life sciences research, and a record number of Indiana life sciences companies secured venture capital funding, reported BioFutures. The state also continues to attract the attention and investment of organizations beyond the U.S., like the Scottish Life Sciences Association, which partners with Genesis Plastics Welding for medical device manufacturing.

Lifesaving devices Genesis manufactures for brands you’d readily recognize include:

·         Surgical products

·         Wound care products

·         Temperature management products

·         Infection prevention products

·         Oxygen hoods

·         Medical fluid bags
(collection, waste, transfer)

·         Bioprocessing bags

·         Cryogenic storage bags

·         Shaker and rocker bags

“It makes sense that Indiana is home to a large contract services sector,” said Tom Ryder, president and CEO of Genesis Plastics Welding. Tom noted that startups and smaller manufacturers readily see outsourcing advantages, but large manufacturers are increasingly outsourcing functions as well.

Aleks Davis, CEO of B2S Life Sciences, added yet another advantage to working with drug and medical device development contract services in Indiana: It’s considerably “less expensive than places like Cambridge, San Diego and San Francisco.”

“We have seen first-hand how our innovations are changing the lives of patients here and around the globe,” shared Kristin Jones, president and CEO of the Indiana Health Industry Forum. “Whether your company is well established or just entering the market, Indiana offers a collaborative, supportive, interactive and dynamic community that operates at the highest international standards and capacities. We hope to work with you soon!”

Explore Genesis Plastics Welding’s medical device development division – MedTech Launch.

by Genesis Plastics Welding Marketing Team Genesis Plastics Welding Marketing Team

Summer 2020 MBA Marketing Internship Opportunity

MBA Marketing Internship Opportunity with Fortville-Based Genesis Plastics Welding

Summer 2020 Paid Undergrad / MBA Internship Opportunity via Indiana Small Business Development Center (ISBDC) Grant:

The purpose of the internship is to help Genesis Plastics Welding expand upon our international sales and marketing product growth.

Position location: Fortville, Indiana (Just East of Indianapolis)

Objective: To develop a proactive export development strategy for Genesis Plastics Welding within the period hired, adhering to the program’s Core-8 Step process and under the guidance of the ISBDC Export Advisor. Duties include substantial foreign market and industry primary and secondary research, weekly interaction and updates with the ISBDC Export Advisor, participation in the Joint EIAP meeting in June, and presenting an executive summary of export strategy during the Exit Presentations Joint Meeting upon program termination in August. Interaction with foreign customers and potential partners is anticipated.

Ideal Candidate: Our ideal candidate must be experienced in marketing strategies, strategic business growth and international market growth, as well as highly self-motivated. The grant allows us to explore both undergrad (rising senior), as well as, MBA students. It is recommended that students are on the Business Track within International Studies.

If you’re interested in learning more, reach out to our Recruiter: 

Shawn Cox | scox@genesisplasticswelding.com | 317-482-4226

About Genesis Plastics Welding:

As an Indiana-based FDA registered ISO 13485:2016 certified contract manufacturer, Genesis Plastics Welding helps global medical device OEMs better care for patients and caregivers through the manufacture of cutting-edge radio frequency (RF) welded and heat sealed thermoplastic products and components. Additionally, we serve clients worldwide within military/defense and other industries.

Our proprietary heat sealing technology, ecoGenesis™, allows RF plastics welding of very thin gauge (down to 0.001 inch) polyethylene, polypropylene and low-loss polymers and can facilitate polyvinylchloride (PVC) and polyurethane (PU) replacement with phthalate-free plastics.

As a provider of comprehensive contract manufacturing services for Class I, Class II and Class III medical devices and components, we pride ourselves in staying abreast of the latest industry trends and technologies and taking the time to understand our clients’ challenges while supporting their business needs and goals. By actively collaborating together, we spark new ideas and produce viable answers that enable innovation.

We currently manufacture surgical products, infection prevention products, oxygen hoods, medical fluid bags (collection, waste, transfer and other custom bags), wound care products, temperature management products, bioprocessing bags, cryogenic storage products, personal protective products and other medical and military products.

In 2018, we announced a new division – MedTech Launch by Genesis Plastics Welding. This division is strategically aligned to assist clients in navigating the product launch process, from initial concept to commercialization, with a focus on design, prototyping, quality management, risk management, regulatory support and overall manufacturability.

Over the last three decades, we have continued to invest in the expansion and improvement of our leadership, facilities, equipment, technologies and employees.

Equal Opportunity Employer: Genesis Plastics Welding is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

by Genesis Plastics Welding Marketing Team Genesis Plastics Welding Marketing Team

Meeting Hyperbaric Oxygen Hoods Rising Demand

For 25 years, Genesis Plastics Welding has made hyperbaric oxygen hoods, designed to help patients recover from respiratory distress and avoid risks associated with other devices. We are proud to be leveraging our experience to meet rising market demand amid the Cornovirus (COVID-19) pandemic worldwide.

Need for Hyperbaric Oxygen Hoods

As respiratory illnesses rise, so does the demand for high-impact, low-cost, non-invasive ventilation. Oxygen hoods are plastic, oxygen-filled domes that fit like a helmet around a patient’s head.

How effective are they, really?

UChicago Medicine, a health system affiliated with the University of Chicago, reports a couple of studies that followed critically ill patients requiring mechanical breathing assistance. Patients were randomly assigned oxygen hoods or standard face masks. Read more

by Genesis Plastics Welding Marketing Team Genesis Plastics Welding Marketing Team

In This Together | A Note from CEO Tom Ryder

We’re all in this together, and we will continue to fight the good fight here at Genesis Plastics Welding.

During these uncertain times, things can feel topsy-turvy all around us, but everyone has a part of play, preparations are constant and multi-layered; everywhere. We all must do what we can to anticipate and meet the accelerating and dire needs coming down the road.

Essential supplies are still (and will be for a long time) in great need for our hospitals.

As part of America’s critical medical device manufacturing infrastructure, as a medical device contract manufacturer, our country needs the products we produce.

I want you to know that not only are we continuing to produce essential medical device products for current customers, Genesis Plastics Welding also is actively working with Federal and Local Government to see how we can help additionally during this pandemic. Read more

by Genesis Plastics Welding Marketing Team Genesis Plastics Welding Marketing Team

Outsourced Medical Device Contract Manufacturing Amid COVID-19

We’re in this together, and that includes getting essential medical device products out the door to global OEMs and end users timely and efficiently. Looking for an outsourced medical device contract manufacturing partner?

Meet Genesis Plastics Welding

Genesis Plastics Welding is an Indianapolis-based ISO 13485:2016 certified contract manufacturer. We provide radio frequency (RF) welding and heat sealing contract manufacturing of thermoplastic products for medical, military and other niche industries. We are proud to be three decades strong in bridging the gap for global medical device OEMs.

Unmatched Expertise Enabling Medical Device Innovation

Our unmatched expertise enables medical device innovation through collaboration. As a contract manufacturing solution provider, our experienced engineering and manufacturing team is well-versed in the manufacture (and assembly) of these in demand medical device products: Read more