Paramit
Paramit Corporation is a specialized provider of design, engineering, manufacturing, and post-manufacturing services for medical device and life science instrument companies. Founded in 1990 and based in Morgan Hill, California, with additional facilities in Malaysia, Paramit focuses on diagnostic and analytical instrumentation. The company offers comprehensive product development and manufacturing services, including new product introduction, printed circuit board assembly, mechanical assembly, and supply chain management. They are registered with the FDA as a manufacturer of finished medical devices and are dedicated to compliance, employing in-house auditors trained in rigorous quality systems. Paramit's capabilities extend to post-manufacturing services such as order fulfillment and medical device upgrades. With nearly 20% of its workforce comprising engineers, the company emphasizes continuous improvement and innovation throughout the product lifecycle, positioning itself as a leader in outsourcing manufacturing for complex medical devices.
Emphysys
Acquisition in 2020
Emphysys, Inc. is a technology development company specializing in multi-modal energy generation and software control systems. Founded in 2009 and based in Woburn, Massachusetts, the company focuses on enhancing the performance and reliability of complex products, particularly within the semiconductor capital equipment and medical device sectors. Emphysys employs advanced multiphysics modeling and simulation tools to design and test its products, ensuring they meet rigorous performance standards. Its services encompass medical device modeling, RF heating and ablation, acoustics, plasma modeling, and app development. The company also provides technical consulting and characterization tools, facilitating the complete development process from concept to prototype. Emphysys operates as a subsidiary of Paramit Corporation, leveraging its expertise to serve clients in the life sciences, medical device, and industrial markets.
Lathrop Engineering
Acquisition in 2016
Lathrop Engineering is a family-owned contract product development firm focused on diagnostic and analytical instrumentation for the medical and life science sectors. The company partners with a diverse range of clients, from start-ups to established Fortune 500 firms, aiding them in transforming their product concepts into commercially viable solutions. With a proven track record, Lathrop Engineering has collaborated with over 300 clients on more than 800 successful projects, providing comprehensive support throughout the entire product life cycle, including follow-on and post-launch assistance.
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