Cascadia MedTech and VacuPractor Team Up for Success
The combination of commercialization expertise and a groundbreaking technology has led to rapid marketplace adoption for VacuPractor.
Redmond, WA (I-Newswire) April 4, 2012 – Cascadia MedTech and VacuPractor signed an agreement over a year ago, defining a collaborative working relationship that has resulted in the full commercial launch of an innovative medical technology.
Cascadia MedTech has provided skilled resources, rounding out the VauPractor expertise, providing a strong collaborative team. The speed to market has revolutionized VacuPractors ability to grow its new business. The relationship has been a powerful combination of tactical detailed work and critical strategic planning. Much of the effort has involved basic decisions about growing the business more rapidly and with less risk.
Cascadia MedTech has acted as a senior level sounding board for the VacuPractor executive team and has provided a broad level of experience, which has had a significant impact on the quality of the decisions.
Paul Hagen, CEO of VacuPractor, said, “I always knew that this new technology was going to have a major impact on eliminating lower back pain. It was not until I began collaborating with Cascadia MedTech that I began to get significant traction in fulfilling our vision in the marketplace. The relationship between our two companies has been compelling and powerful.”
By virtue of the two companies combined resource base and skills, it has made it possible for VacuPractor, a start-up that is typically under resourced, to bring their products to full commercial viability at a rapid pace. For example, VacuPractor now has a world class marketing operation with a broad range of distribution channels and a robust online marketing program.
“While we have extensive individual resources, the ability to be successful ultimately comes down to the quality of the operating company team and the compelling nature of the new invention,” said Garry Welch (http://cascadiamedtech.com/accelerator/garry-welch.html), CEO of Cascadia MedTech. “Cascadia MedTech has provided critical complementary resource to VacuPractor, and the VacuPractor team has done an incredible job of meeting the needs of the health care community.”
About Cascadia MedTech
Cascadia MedTech is a Federal Way, WA based accelerator, specializing in supporting medical technology companies who have compelling intellectual property, enabling new ventures to move their innovations rapidly into the marketplace. The Company works with startups on how to fully commercialize new products, addressing issues ranging from how to effectively resource the company to the more complex issue of where to manufacture.
For more information, visit http://www.cascadiamedtech.com.
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The VacuPractor is an FDA Registered Class I orthopedic device that provides lasting lower back pain relief. It can be used in just minutes on any flat, firm surface, and it’s guaranteed to relieve back pain by comfortably decompressing the spine and gently stretching the surrounding muscles. More information can be found about VacuPractor and their revolutionary back pain relief product at http://www.vacupractor.com/how-it-works/.VacuPractor is manufactured in the USA.