By ERI Group
Golden medical device company sets sights on global customers following acquisition
A strategic agreement opens the company’s services to a large swath of customers.
A medical device manufacturing company based in Golden has caught the attention of a global supplier with a new agreement.
Golden-based ERI Group said it has entered into a multi-year agreement with San Francisco-based David Schnur Associates (DSA), a company that connects medical device companies to the makers of materials and components that they need.
The agreement opens ERI Group’s services, which span the process of building a medical device product from conception to manufacturing, to a large swath of customers.
“The DSA team has strong, long-term relationships with both startups and large OEMs and understands these customers’ needs well,” said ERI Group President Natasha Bond in a statement. “These existing relationships — combined with DSA’s global reach and the expertise and strength of the ERI team — will allow us to better serve our existing customers and extend our services to new clients in the medical device space.”
DSA CEO Barry Schnur said in a statement that ERI Group is an “undiscovered gem” for medical device customers, particularly because of the company’s expertise in electromechanical devices. He said DSA serves to help customers with research and development to “create and manufacture a better medical device using the right technology.”
“With in-house experts in mechanical engineering, electrical engineering, fluidics, sensors and more, ERI can take a prototype and turn it into a functional device to support clinical trials, then take it into full production,” Schnur said.
ERI Group said it is positioning itself for future growth based on exactly that fact.
The company, formerly Evergreen Research, acquired a longstanding Denver design firm last year that widened its ability to design, engineer and create product prototypes for clients.
ERI said its merger with the firm, LINK Product Development, created one of the most comprehensive development companies in the region for medical and wellness products.
With those new capabilities, the company closed out 2022 with record revenue and increased its headcount by about 30%, a spokesperson said.
The agreement with DSA focuses on “box builds” to bring electromechanical medical devices to market, according to a news release. Examples of ERI Group projects include home dialysis equipment, a battery-operated ultrasonic nebulizer and a computerized perfusion controller.
If you are a Denver Business Journal Subscriber, you can read the full article here: https://www.bizjournals.com/denver/news/2023/03/31/eri-group.html