Colleagues,
As recently reported in Medical Device Developments ... MedTech-IQ member
Marcus Dantus, CEO,
ABDEO Medical, U.S. subsidiary of INNOVAMEDICA, is pioneering a transformative business model.
Faced with tighter financial constraints and the need to accelerate time-to-market, many companies are seeking lower cost venues to conduct high quality advanced medical technology engineering and product development. Due largely to the efforts of Dantus, Mexico is rapidly emerging as a favored destination for turnkey outsourced medical R&D.
By basing R&D activities in Mexico, ABDEO has carved out a significant competitive advantage. Considering that around "80% of a projects cost is comprised of its human resource, and due to the latest fluctuations in the exchange rate of the Mexican peso, a start-up could cut costs by half when doing R&D in Mexico", says Dantus.
According to Organization for Economic Co-operation and Development (OECD), 24% of new university degrees awarded in Mexico are in science and engineering. A statistic that puts it on par with Canada, Austria and France. The growth rate of Mexico's business investment in R&D is second only to China.
ABDEO develops new medical devices with a highly qualified multidisciplinary team of engineers, designers, scientists and medical specialists providing a wide range of R&D services. Dantus says that his objective is "to change the paradigm from made-in-Mexico to conceived-in-Mexico" , while fueling "a perception shift that improves Mexico's role as a generator of value".
ABDEO has built an entire ecosystem of support to address client needs from biomedical R&D, medical device manufacturing, clinical trials management and product testing. In addition, Mexico stands alongside China and Spain in offering favorable tax treatment for companies engaged in R&D.
All these advantages culminated in 2008 with ABDEO winning the Intel Award for its first spin-off - Critical Perfusion Inc. - based on its Impedance Spectroscopy Monitor (IMSO) technology. If you want, or need, more information on ABDEO contact us directly at the
Clymer Group, or send a message to
Marcus.
Read on about ABDEO and its services at:
http://viewer.zmags.com/publication/c828b5ea#/c828b5ea/38
ENJOY!
CC