Press Release: Ximedica Expanding to The Twin Cities

June 7, 2011

Jun 07, 2011

Ximedica, a full-service medical device product development firm, announced the opening of its regional office at the University Enterprise Laboratories (UEL) Center in Minneapolis, Minnesota. The new location marks the company’s third facility and will serve as a central hub for its healthcare client base in the Midwest. Ximedica maintains its corporate headquarters in Providence, Rhode Island and an office in Hong Kong to support its Asia supply-chain operations.

“Ximedica has always been a trusted partner to its clients,” said Stephen Lane, Chief Executive Officer and Co-Founder of Ximedica. “We have earned this by collaborating with them to deliver sophisticated medical devices built for today’s healthcare environment. By joining our clients in Minnesota —a community rich with medical device companies, leading academic research and clinical institutions—we are able to build upon this trust and grow together.”

Employees representing multiple disciplines and vast expertise, such as industrial design, human factors, and engineering, will staff the facility and provide comprehensive integrated services from one locale. Bringing 18 years’ experience in product development for Fortune 500 medical companies, David Copeland, Director of Human Factors Industrial Design at Ximedica, will lead the Minneapolis office.

“I am delighted to champion efforts to expand our breadth of expertise to the Midwest,” said Copeland. “There’s nothing more important to us than helping our clients develop innovative, safe products that improve patient outcomes.”

The Minnesota facility is expected to be at full capacity this fall and marks a critical milestone in Ximedica’s expansion and regionalization strategy. Also as part of this strategy, the company is expanding its Providence location to 100,000 square feet of integrated product development space.