MEDICAL DEVICE INNOVATION - Medical Device Daily
MEDICAL DEVICE INNOVATION - Medical Device Daily
MEDICAL DEVICE INNOVATION - Medical Device Daily
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<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 />
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