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MEDICAL DEVICE INNOVATION - Medical Device Daily

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120<br />

<strong>MEDICAL</strong> <strong>DEVICE</strong> <strong>INNOVATION</strong> 2010<br />

In April 2006 SeraCare unveiled plans to consolidate its<br />

facilities and streamline operations (MDD, April 28, 2006).<br />

The company moved its Oceanside operations into its<br />

Milford plant.<br />

“Going forward with the market beginning to<br />

improve, we’re very set on making sure that we’re wellpositioned<br />

to get back into a growth path and take<br />

advantage of growth in the market as that begins to open<br />

up of the next couple of quarters,” Vogt said. She noted<br />

that SeraCare introduced new products in each of the last<br />

three quarters and said the company will “continue to do<br />

that.”<br />

“We’ve also managed to gain a number of new customers,<br />

especially in our services business for clinical trial<br />

support work,” Vogt added. “We’re acquiring new customers<br />

and expanding what we’re doing with existing customers,<br />

that is key to future growth.”<br />

Despite the economic downturn, Vogt says SeraCare<br />

believes there is positive momentum for its business, as<br />

well as some positive momentum in the market.<br />

“A lot of our customers with the tough economy have<br />

been reducing inventories and that drove down the<br />

demand for product . . . we believe that is leveling out now<br />

and becoming more normalized,” she said.<br />

(This story originally appeared in the Aug. 14, 2009, edition<br />

of <strong>Medical</strong> <strong>Device</strong> <strong>Daily</strong>)<br />

To subscribe, please call <strong>MEDICAL</strong> <strong>DEVICE</strong> DAILY Customer Service at (800) 888-3912; outside the U.S. and Canada, call (404) 262-5547.<br />

Copyright © 2010 AHC Media LLC. Reproduction is strictly prohibited.

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