What Happened?
South Jordan, UT-based Merit-Medical-Systems Appointed Fred Lampropoulos as President and Chief Executive Officer
About the Company
Merit Medical Systems, Inc is a leading manufacturer of medical devices used in diagnostic and interventional cardiology and radiology procedures. Its primary products consist of inflation devices used in angioplasty, stent placement and discography; diagnostic and therapeutic catheters used for various procedures in cardiology and radiology; guide wires used to place balloon angioplasty catheters within a patient`s coronary arteries; products used to manage and monitor the administration of contrast and other fluid solutions during diagnostic and therapeutic procedures; thrombolytic catheters and fluid dispensing systems; angiography accessories; and standard and custom angiography kits. Headquartered in South Jordan, Utah, a suburb of Salt Lake City, Merit employs approximately 1,900 people worldwide. Merit markets its products in the United States and Europe (direct sales force) and the world (distributors). They call directly on physicians and clinicians in hospitals and clinics worldwide. The Company has expanded to three separate facilities in the Salt Lake City, Utah area (South Jordan, Murray and West Jordan). Merit also has facilities in Galway, Ireland (guidewires), Angleton, Texas (catheters), in Richmond, Virginia (procedural trays and packs) and a customer service and distribution center in Maastricht, The Netherlands. The Company has achieved a world leadership position in inflation devices and hemostasis valves and is renowned for its product innovation, customer service and product quality. Merit possesses a proprietary manufacturing process which allows it to offer contract manufacturing (OEM) to a wide range of medical device companies. Merit Endotek is a newly created division of Merit. These products are focused in the gastroenterology medical device market. The products include stent technology in the emerging field of non-vascular interventional stenting. This next-generation stent technology is used in the lungs, esophagus, and biliary tract.
About the Person
Fred Lampropoulos is President and Chief Executive Officer at Merit Medical Systems. Previously, Fred held various senior HR leadership roles in the industry.
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