Tag: Paragon

Paragon Medical Achieves a Number Three Worldwide Ranking for Leading Vendors
Pierceton, IN Aug 7, 2013 – Paragon Medical has been ranked third in the world for overall market share among leading global orthopaedic contract manufacturing suppliers, according to TechNavio’s Global Orthopaedic Contract Manufacturing Market report for 2012-2016. In addition to providing a supplier analysis, the report highlights the market landscape and its growth prospects in the coming years. Exceptional news for Paragon is found in the analyst’s forecast indicating the Global Orthopedic Contract Manufacturing market to grow at a CAGR of 11.05 percent over the period 2012-2016.
As one of the key suppliers dominating this space, Paragon was recognized for its world-class services portfolio which includes our New Product Introduction (NPI) process, the Global Design Center as well as our low cost country design transfer mechanics. Paragon’s continued success can be attributed to their focus on addressing its customers’ needs and to provide turnkey solutions to the medical device marketplace.
Moreover, it is a testament to Paragon’s dedication to partnering with its customers to share best practices and jointly develop and implement world-class methods of engineering and manufacturing while delivering the highest quality experience for our customers and partners.

Pierceton, IN Nov 9, 2011 – Pierceton based Paragon Medical and its Founder and CEO Tobias Buck were inducted into the Kosciusko County Entrepreneur and Innovation Hall of Fame on Thursday, November 8th in Warsaw, Indiana. As a member of only the second Hall of Fame class, Paragon was among six businesses chosen from orthopaedics, agriculture, recreational-boat, manufacturing and retail industries.
The award honors both the company as a whole and the key entrepreneur behind its success. According to the Kosciusko Economic Development Corporation (KEDCo), who sponsors the award, it was created to not only recognize entrepreneurial organizations in the community but also to reinforce the pride of employees and citizens in the success of the local business environment and position Kosciusko County for a growing and vital economic future.
Paragon Medical began as a vision in 1991 to become the total delivery solution to the worldwide market, providing custom surgical instruments and implantable components as well as polymer, metal and hybrid case and tray delivery systems, with all the design and manufacturing support capabilities integrated into one campus.
With only a little over 20 years in business, Paragon has become a leading tier 1, turnkey supplier of world-class solutions to the medical device marketplace. The company has grown from a start-up business with only a handful of employees to a global company approaching 1,000 employees and multiple manufacturing locations in three countries.
“Paragon Medical has a culture that reflects Toby’s personality and beliefs”, commented Sheryl Conley, OrthoWorx CEO in her introductory comments for Buck’s award at the induction ceremony. “That it’s about quality and relationships, working together for a common good. Paragon has brought world-class technology in design, manufacturing and quality to their business. But anyone who knows Toby will tell you Paragon is a people business, because Toby is about making, building and keeping relationships that stand the test of time.”
Daniel Owens, Paragon Medical’s Worldwide Director of New Product Introduction and Engineering, who has also been with the company since the beginning, accepted the award on behalf of the company. Tobias Buck, Paragon’s Chairman and CEO accepted the award on his own behalf.

Pierceton, IN Feb 1, 2011 – Pierceton based Paragon Medical announces the addition of Michael Gosmeyer as Chief Compliance Office (CCO) and Vice President of Quality and Regulatory Affairs.
Mr. Gosmeyer joins Paragon after having served as the Director of Regulatory Affairs at the headquarters of Hill-Rom, a global medical device company. He has spent the past few years managing and overseeing company wide Regulatory and Quality Systems, as well as, all FDA interface points. Previous positions with Hill-Rom include Director of Quality Assurance where he was responsible for manufacturing operations in Europe, Mexico and the United States.
In addition to his quality management experience, Mr. Gosmeyer also has a strong engineering background and has held various engineering management positions overseeing product engineering, design assurance, product life-cycle management, and continuous improvement. He is Six Sigma Greenbelt Certified and holds an MBA, as well as a BS in Electrical Engineering from Purdue University.
In his new role, Mr. Gosmeyer’s span of Quality and Regulatory responsibilities will give him oversight of Paragon’s current Global Quality Organization. “This position demonstrates our ongoing commitment to the medical device industry’s complex Quality and Regulatory compliance requirements and our conviction to ensure that our products and services meet and ultimately exceed our customers’ desires and expectations,” commented Tobias Buck, Founder, Chairman, President and CEO for Paragon. “Our objective is to be in an industry leading position, elevating our internal expectations as well as complying with those of our clients. Mike brings an outstanding level of experience, skills and perspective to Paragon Medical that will only enhance the products we manufacture on our clients behalf and the service portfolio we extend into the marketplace,” Buck added.

Pierceton, IN Feb 1, 2011
For Paragon Medical, Inc., and one of its founders Tobias Buck, June 17th was a day for celebrating. Coincidentally with it being Mr. Buck’s birthday, Paragon Medical celebrated their 20 year anniversary since being founded. The company traces its roots back to 1991 when it began as a polymer molding company and a systems integrator, as well as a medical device tier one supplier.
Twenty years, and countless innovations later, Paragon Medical is recognized as an industry leading turnkey supplier of world-class solutions for instrument delivery systems, surgical instrumentation, implantable components and design services to the medical device marketplace, worldwide. The company has grown from a start-up business with only a handful of employees to a global company approaching 1,000 employees in three countries.
The company celebrated this significant milestone by holding luncheons at all of its divisions worldwide, recognizing the efforts of those who have contributed to the success of Paragon over the years. Employees, state and local dignitaries, suppliers, and other VIP’s were on-site at Paragon’s corporate headquarters in Pierceton, Indiana to commemorate the occasion and honor the employees whose exceptional performance made the day possible.
Mr. Buck addressed the employees and talked about what has sustained Paragon for the past 20 years and how the company must transform itself to address the future. He told them, “I am extremely proud of the people who make up the Paragon family. I have always believed that our employees are some of the best in the industry and are truly our most important asset. They are the foundation of everything that makes Paragon the great company it is today. The global team has stood together to attain the goals that we set regardless of the operating context.”
The company has a culture of quality and relationship development that emphasizes sensitivity to their client community through service, and innovation. In the current era of healthcare reformation there has recently been an increased focus on how the products they manufacture impact the patients and the personal responsibility that each employee has. “At the very heart of our culture is our continuous focus on achieving results, along with constant attention to customer and patient satisfaction,” Buck continued. “We believe that we are uniquely positioned with our depth and breadth of technologies and services, our management strength, and superior employee base to be a company built to last and built to lead through the next 20 years, and beyond.” Twenty years later, the vision of the company has remained consistent: to be the preferred manufacturer of products and total instrument management solutions for the surgical marketplace, worldwide. Doing so in such a customer sensitive fashion that we either meet or exceed our client’s expectations on every application.

Pierceton, IN Jan 19, 2011
Pierceton based Paragon Medical announced today the official opening of its new Bioskills Lab at its headquarters in Pierceton, Indiana. Company management and employees were joined at a ribbon cutting on January 19, 2011 by the Warsaw / Kosciusko Chamber of Commerce and other local officials to commemorate this important event for the company and the community.
In December 2009, Paragon announced that through its Orthopaedic Instrument Global Design Center (OIGDC), it would accelerate the construction of this new lab in direct support of OrthoWorx, a Warsaw-based industry, community and education initiative established to advance and support growth and innovation within the region’s globally significant orthopaedics device sector.
The fully staffed facility is ready for client scheduling and includes capacity for up to four cadaveric evaluation stations and targets the comfort of lab attendees through ergonomic tables, laminar airflow, separate temperature zones, and a private conference room with a viewing window into the lab. A multitude of other services are available upon request including specimen procurement and preparation, instrument cleanup in a state of the art instrument disinfection system, C-Arm and Arthroscopy Tower rentals, audio-visual connectivity, and full catering capabilities.
According to Van Flamion, Director of the Bioskills Lab and Paragon’s OIGDC, “The lab was designed and constructed for the sole purpose of providing our customers a convenient, cost effective, full service facility where orthopaedic and other medical device companies can perform cadaveric studies on their products and / or train their surgeons or field representatives on surgical techniques pertaining to their products”.
Mr. Flamion also commented that a soft launch phase was conducted with a limited and controlled number of labs during the fourth quarter of 2010. The Bioskills Lab exercised its logistics as a full service facility while gathering critical customer feedback to ensure optimization prior to going to its now full-launch status.
For lab scheduling or additional information you can contact the Bioskills Lab directly or visit their website at paragonmedical.com/bioskillslab.

Jun 9, 2010 – Paragon Medical was honored as a supplier to a winning product in the 2010 Medical Design Excellence Awards (MDEA) competition, the premier awards program for the medical technology community. During the entry process for this year’s awards program, Paragon was named by MedShape Solutions, Inc. as their supplier for the award winning Morphix suture anchor.
MedShape is located in Atlanta, Georgia and is dedicated to restoring human motion by innovating unique shape-memory implant devices. Paragon’s Global Design Center got involved early in the project and assisted MedShape through the development, verification, and launch phases for this single-use suture anchor deployment instrument. The Morphix suture anchor was formally launched at the 2010 American Academy of Orthopaedic Surgeons (AAOS) in New Orleans.
The deployment device is manufactured complete at Paragon’s Smithfield, Utah facility. This includes five injection molded components, metal machining, ISO class-8 clean room assembly and final packaging. Other supporting instruments including cases and trays were manufactured out of the Pierceton, Indiana facilities.
Presentation of the 2010 MDEA awards took place on Wednesday, June 9th, in a ceremony at the Medical Design & Manufacturing (MD&M) East 2010 Conference and Exposition, in New York City.
About Paragon Medical, Inc.
Paragon Medical is a tier 1, turnkey supplier of world-class solutions for custom and standard cases and trays, custom and standard surgical instrumentation, implantable components, and design services to the medical device marketplace. Incorporated in 1991 and headquartered in the orthopaedic capital of the world, Paragon has created strategic centers of excellence within the United States, Europe and Asia. Dynamic acquisitions have brought some of the industry’s most talented craftsmen to their team while regional centers of manufacturing excellence have made Paragon more versatile and allow them to adapt a wide range of services to support the strategic needs of the customer with innovative solutions. Offices and production facilities are located in Pierceton, Indiana; Indianapolis, Indiana; Smithfield, Utah; Lausanne, Switzerland and Changzhou, China. More information about the company may be found at www.paragonmedical.com
About the OIGDC
The Orthopaedic Instrument Global Design Center (OIGDC) is structured to serve the market at a higher level of participation by leveraging Paragon’s existing capabilities while closing the loop between development and manufacturing. As extended team members, the OIGDC provides full collaborative design, development, prototyping and testing capabilities for surgical instrumentation, implantable components and cases & trays. The OIGDC enables extensive collaboration between Paragon engineers and the OEM’s development teams. The OIGDC delivers solutions through sound research, development and validation protocol. Contact the Orthopaedic Instrument Design Center for more information or visit their website at www.paragonmedical.com/oigdc.