INpact

05 Nov 09 New Online Weldon School of Biomedical Engineering Master’s Program

The Weldon School of Biomedical Engineering is proud to announce the launch of a novel online Biomedical Engineering masters degree program. In addition to its biomedical engineering/science curricular core, a unique feature of the program is the emphasis on practical regulatory affairs at both the initial approval and later compliance stages. Students gain valuable in-depth knowledge of regulatory requirements as well as guided practice with effective regulatory document submissions. This advanced education in quality and regulatory compliance prepares students for rapid integration into regulatory affairs teams in critical areas of the industry.

“This program’s emphasis on regulatory affairs makes it especially valuable to engineers and technical professionals working in industry,” states Andrew Brightman, Assistant Head of the Weldon School. “We are excited to offer this program not only to our partners in Indiana, but also making a Purdue Engineering Masters degree available to students that would otherwise be encumbered by distance.”  Continuing the Weldon School’s tradition of biomedical leadership, the online Biomedical Engineering concentration delivers high quality graduate-level opportunities to professionals located anywhere in the world.

Professionals may take a course or two separately or register for the entire degree program. Two biomedical engineering courses (Regulatory Compliance for Biomedical Devices and Tissue Engineering) are currently in session, and a Quantitative Physiology course will be offered this spring. Registration for spring classes beings this week.

To learn more about the Biomedical Engineering online masters program visit https://engineering.purdue.edu/ProEd/credit/bme or call Engineereing Professional Education at:
877-598-4233 (Toll-free U.S.), or 765-494-7015 (Local/International).

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04 Nov 09 reBlog from Creo Quality: What Does All The Lilly News Mean For Indiana & Life Sciences?

Here are some of my speculations about all the Lilly news:

  • Lilly is quickly moving more into the biotech sector. (Maybe most of big pharma is?) Lilly claims to be the 5th largest biotech in the world.
  • Lilly realizes Indiana is NOT a hub for biotech innovation.
  • Lilly will likely reduce its R&D presence significantly in Indianapolis. Indy will be primarily focused on manufacturing.

Life science leaders in Indiana need to figure out how to be successful in a world without a strong Indiana presence from Lilly.

creoquality.com What Does All The Lilly News Mean For Indiana & Life Sciences? Nov. 2009

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04 Nov 09 reBlog from Creo Quality: Mark Leahey on the Medical Device Tax

I found this fascinating quote today:

“This is not an industry like the pharmaceutical industry,” where innovation often comes from deep-pocketed conglomerates, Leahey said. “The real research and development in this industry comes from small players who are just struggling to get by.” (Read The Washington Post article)creoquality.com, Mark Leahey on the Medical Device Tax, Nov 2009

You should read the whole article.

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04 Nov 09 reBlog from Creo Quality: Happy 40th Anniversary to Miami Tool & Die, Inc.

I found this fascinating quote today:

In a proud statement issued from their company, Miami Tool & Die, Inc. announced that 2009 is the 40th Anniversary of the founding of their business. The company was started back in 1969 by Carl Heyde and John Pohler on the Pohler farm. The business is now located at 2080 Riverfork Dr., Huntington, IN and has a 32,000 sq. foot building and 16 employees. We have built plastic injection molds, stamping dies, fixtures and gauges for a wide variety of customers over the years.creoquality.com, Happy 40th Anniversary to Miami Tool & Die, Inc., Oct 2009

You should read the whole article.

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04 Nov 09 reBlog from Creo Quality: Indiana Start-Up Product Featured On CSI

I found this fascinating quote today:

Prosolia’s technology for examining substances on surfaces first appeared on CSI Miami and last week (October 8th) moved up (?) to CSI. It is quite interesting watching the way a TV show comes together and how the script writers do their thing, combining a little bit of reality with a larger amount of imagination. Nevertheless, our Desorption Electrospray Ionization (DESI) products can do what has previously not been possible. We can lift materials off a surface under normal atmospheric conditions (”ambient” conditions) and sweep them into a mass spectrometer for determination of “what and how much.” Prosolia is using DESI to determine explosive residues, detect chemical residues on foods, determine drugs of abuse in urine, image tissue slices and distinguish counterfeit from real drugs. We’re just getting started to develop the technology for pharmaceutical research and diagnostics. – Pete Kissingercreoquality.com, Indiana Start-Up Product Featured On CSI, Oct 2009

You should read the whole article.

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04 Nov 09 Rose-Hulman Ventures Celebrates a Decade of Innovation

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04 Nov 09 3D Systems Acquires Acu-Cast Technologies (an INpact member)

3D Systems Acquires AcuCast Technologies and Launches Worlds Largest Parts Service
- Leading Parts Provider Becomes Cornerstone for Newly Launched 3Dproparts™ Service That Offers Customers One Stop Shopping Experience With Expanded Choices -
Contact:
Katharina Hayes
(803) 326-3941
HayesK@3dsystems.com

Download PDF
ROCK HILL, South Carolina – October 1, 2009 – 3D Systems Corporation (NASDAQ: TDSC), a leading provider of 3-D Printing, Rapid Prototyping and Manufacturing solutions, announced today that it acquired the assets of Acu-Cast Technologies, a leading provider of rapid prototyping and manufacturing services that offers precision parts made on a wide range of traditional and additive manufacturing systems and a variety of finishing, molding and casting capabilities.

The terms of the transaction were not material. 3D Systems expects this acquisition to be accretive to its future operating income.

Concurrently, 3D Systems announced the launch of 3Dproparts™, the world’s largest Rapid Prototyping and Manufacturing parts service. The company expects its 3Dproparts™ service to bring together the widest range of production and additive grade materials and the latest additive and traditional manufacturing systems to enable 3D Systems to deliver to its customers the broadest available range of precision plastic and metal parts and assemblies.

“Our 3Dproparts™ service can handle any customer project – large or small – completely within our facilities and in-house expertise, delivering quality precision real-parts made from production and additive grade plastics and metals with speed and efficiency,” said Abe Reichental, President and CEO of 3D Systems. “We expect that the synergies generated by combining our latest generation of Pro systems and materials with Acu-Cast’s extensive experience in additive and traditional manufacturing, coupled with its part building know-how and state-of-the-art equipment and facilities, will provide our customers with the ultimate one stop shopping experience for all their design, prototyping and manufacturing needs.”

3Dproparts™ is further enhanced through a proprietary and secure 24-hour online quoting-and-ordering website that preserves user confidentiality. To try 3Dproparts™ automated quoting process, go to www.3Dproparts.com.

“Over the past decade we have become an important extension of the in-house modeling, prototyping and manufacturing capabilities of many of our customers as well as a fulfillment partner for many service bureaus,” said Gary Mitchell, formerly President of Acu-Cast Technologies. “As part of 3D Systems’ new 3Dproparts™ service, we plan to invite all of 3D Systems’ existing Preferred Service Providers and other leading service bureaus to use 3Dproparts™ as their comprehensive order-fulfillment center.

“Unlike other online and traditional service bureaus that offer narrow systems and materials selection and limited in-house capacity, from the get go, 3Dproparts™ is offering a complete choice of parts that are fully produced in-house on the latest generation equipment from a comprehensive range of plastic and metal production grade materials. 3Dproparts™ has the capacity to handle all of our customers’ peak demand requirements and to deliver the same quality service seven days a week,” concluded Mitchell.

3D Systems is leveraging the relative proximity of its Acu-Cast facilities to major overnight distribution hubs to offer same-day shipping service. The company also plans to integrate its own Rapid Manufacturing Centers in Rock Hill, South Carolina and Darmstadt, Germany into a global 3Dproparts™ service and intends to grow this activity both internally by providing a differentiated customer experience and through additional strategic acquisitions.

Conference Call and Audio Webcast Details
3D Systems will hold a conference call and audio webcast to discuss the Acu-Cast acquisition and the launch of its 3Dproparts™ service on Thursday, October 1, 2009 at 11:00 a.m., Eastern Time.

  • To access this Conference Call, dial 1-888-3… (or 706-634-0653 from outside the United States). The confirmation code is 329-775-98.
  • To access the audio webcast, log onto 3D Systems’ Web site at www.3Dsystems.com/ir. To ensure timely participation and technical capability, we recommend logging on a few minutes prior to the conference call to activate your participation. The webcast will be available for replay beginning approximately three hours after completion of the call at: www.3Dsystems.com/ir.

Forward-Looking Statements
Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that include terms such as “believes,” “belief,” “expects,” “estimates,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking. Forward-looking statements may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements,” “Cautionary Statements and Risk Factors,” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements.

About 3D Systems
3D Systems is a leading global provider of 3D Printing, Rapid Prototyping and Additive Manufacturing solutions. Its systems and materials reduce the time and cost of designing products and facilitate direct and indirect manufacturing by creating actual parts directly from digital input. These solutions are used for design communication and prototyping as well as for production of functional end-use parts: Transform your products.

More information on the company is available at www.3DSystems.com, www.modelin3d.com, www.toptobottomdental.com, www.3Dproparts.com, www.mqast.com, blog.3Dsystems.com, or via email at moreinfo@3Dsystems.com.

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01 Nov 09 November 20, 2009 – INpact Meeting

What: INpact Monthly Meeting
When: November 20, 2009 from 11:00 – 1:00
Where: Bingham-McHale (2700 Market Tower, 10 W. Market Street, Indy)
Click here to register by November 18, 2009

During November’s meeting, we will focus on networking and continue to learn how our businesses can help one another and medical device companies. As we get closer, an agenda will be finalized.

Continue sharing INpact with others in the medical device community. Let’s try to get a few of our “customers” in attendance.

If you are not a member but are interested, please submit an inquiry for the advisory board to review.

Not interested in being a member? You can still attend for the cost of $20.

Make checks out to INpact, Inc.

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