NEWS AND COMMUNITY

Catheter Research, Inc. to exhibit at MD&M West, June 18-20 2013, Booth #3158
March 22, 2013

CRI and Thomas Medical Introduces the Miller Advance Catheter
March 1, 2013

Thomas Medical Acquires Specific Assets of Marshall Medical
January 4, 2013

Catheter Research, Inc. to exhibit at MD&M West, February 12-14 2013, Booth #3597
December 12, 2012

Indianapolis’ Catheter Research, Inc. First And Only Midwest Company To Provide Innovative Medical Device Contract Sterilization Service
September 30, 2012

CRI Participates in 2012 United Way Day of Caring 
August 24, 2012

Thomas Medical, Inc Exhibit at ASRM Annual Meeting Oct 22-24th, San Diego
August 14, 2012

Catheter Research, Inc. Honored as One of the 2012 Indiana Companies to Watch
August 10, 2012

2012 CRI School Supply Drive
August 3, 2012

CRI now manufacturing IUI Catheters for Thomas Medical, Inc OBGYN division
August 1, 2012

CRI Participates in Purdue School of Engineering & Technology’s POWER Camp
July 17, 2012

CRI Participates in Indianapolis Chamber of Commerce round table discussion
June 28, 2012

2012 IUPUI Senior Biomedical Engineering Design Class Visit
April 20, 2012

Thomas Medical to Exhibit at 2012 ACOG Annual Meeting May 5-9th, San Diego
January 20, 2012

BioCrossroads Frameworx Event Features Christine Cook as Panelist
January 18, 2012

Thomas Medical, Inc Exhibits at Indiana Section ACOG Meeting
January 18, 2012

CRI participates in Samaritan’s Purse Operation Christmas Child 2011
December 30, 2011

Thanksgiving Campaign 2011
November 30, 2011

Catheter Research, Inc. Annual ESOP Meeting and Easter Egg Hunt
April 21, 2011

IUPUI Senior Biomedical Engineering Design Class
April 15, 2011

ESOP Announcement and Annual Holiday Feast
December 22, 2010

United Christmas Service 2010
December 17, 2010

CRI Welcomes VP of Operations - Phil Sheingold
November 29, 2010

Thanksgiving Campaign 2010
November 19, 2010

CRI Employees Receive Flu Shots
October 22, 2010

Team CRI/Thomas Medical Participates in 2010 ACS Making Strides Against Breast Cancer
October 16, 2010

CRI Selected to Manufacture FlowCo LumenRECON Guidewire
September 09, 2010

2010 CRI School Supply Drive
August 04, 2010

2010 Memorial Day Drive
May 27, 2010

IUPUI Senior Biomedical Engineering Design Class
April 23, 2010

Catheter Research, Inc. Annual ESOP Meeting
April 9, 2010

Employees of CRI donate to the American Red Cross Haiti Relief and Development
February 15, 2010

CRI Welcomes Biomedical Engineer Jane N. Nguyen
January 01, 2010

CRI Welcomes Biomedical Engineer Nathan D. Glass
December 15, 2009

CRI Participates in United Christmas Service Donor Program
December 03, 2009

Thanksgiving Campaign 2009
November 18, 2009

Team CRI/ Thomas Medical participates in the American Cancer Society Strides Against Breast Cancer Walk
October 17, 2009


Catheter Research, Inc. to exhibit at MD&M West, June 18-20 2013, Booth #3158
March 22, 2013

Catheter Research, Inc. (CRI) is a market leader in medical device manufacturing, contract development, and product life cycle management. CRI specializes in catheter design, catheter assembly, medical tubing, extrusion, and OBGYN Disposables. CRI recently announced it will provide innovative medical device sterilization through an agreement with Baltimore-based Noxilizer, Inc.

Please visit the CRI booth #3158 in the main exhibit hall at MD&M West 2013 (June 18-20) at the Philadelphia, PA, Convention Center.

CRI and Thomas Medical Introduces the Miller Advance Catheter
March 1, 2013

CRI and Thomas Medical, in conjunction with Dr. Charles E. Miller of The Advanced Gynecologic Surgery Institute (Naperville, IL), introduced a new catheter for HSG & SIS procedures. These procedures help to diagnose and treat concerns of infertility and related gynecologic diseases.

The Miller Advance Catheter was designed by CRI Engineers and Dr. Miller in response to his needs & observations:

“Unlike standard catheters, it has features that make HSG and SIS procedures easier, thus faster to perform. In addition, the catheter is more comfortable for my patients and that means there’s a better chance for procedure completion.”

We are very excited to partner with Dr. Miller and to be his co-developer and manufacturer of choice.

Please visit www.MillerCatheter.com to learn more or to place an order.

Thomas Medical Acquires Specific Assets of Marshall Medical
January 4, 2013

Catheter Research, Inc., d/b/a Thomas Medical, Inc. (Indianapolis, Indiana) is pleased to announce that they have acquired specific assets of Marshall Medical Systems & Equipment, Inc. (Riverside, Illinois).

Marshall Medical Systems has been a national distributor of quality medical products since 1986 and a Thomas Medical regional distributor since 2008 servicing customers in the Midwest.

Thomas Medical, Inc. is a leading manufacturer of disposable medical devices and accessories, specializing in female reproductive health and a distributor of quality OB/GYN surgical instruments.

“By acquiring the Marshall Medical business we will continue to provide our mutual customers with high quality medical products, specialized service & competitive pricing while expanding our product line” states Phil Sheingold, newly named President of Catheter Research.

“Both Marshall Medical & Thomas Medical will work together in the coming months ensuring a seamless transition so our mutual customers continue to receive great service and high quality products to enhance patient care”.

Catheter Research/Thomas Medical is 100% employee owned.

Catheter Research, Inc. to exhibit at MD&M West, February 12-14 2013, Booth #3597
December 12, 2012

Catheter Research, Inc. (CRI) is a market leader in medical device manufacturing, contract development, and product life cycle management. CRI specializes in catheter design, catheter assembly, medical tubing, extrusion, and OBGYN Disposables. CRI recently announced it will provide innovative medical device sterilization through an agreement with Baltimore-based Noxilizer, Inc.

Please visit the CRI booth #3597 in the main exhibit hall at MDM West 2013 (February 12-14) at the Anaheim, CA, Convention Center.

Indianapolis’ Catheter Research, Inc. First And Only Midwest Company To Provide Innovative Medical Device Contract Sterilization Service
September 30, 2012

  


Catheter Research Inc. (CRI), a market leader in medical device manufacturing, announces today it is the first and only company in the Midwest to provide contract medical device sterilization services to life science and medical device companies through an agreement with Baltimore-based Noxilizer, Inc.

CRI is the first Indianapolis company to use the new equipment, Noxilizer’s RTS 360 Industrial NO2 Sterilizer, for its medical devices. The company is currently undergoing FDA testing related to the sterilization process and anticipates final delivery of the Noxilizer system to its Park 100 headquarters in December 2012. CRI also will provide contract sterilization services to other Midwest companies.

“Noxilizer’s technology opens the door to innovation and the breadth of new materials that cannot be sterilized through traditional means. We look forward to facilitating this process for new devices, as well as current products in the market, and expanding the services offered to our customers,” said John A. Steen, CRI president and CEO.

Noxilizer’s technology represents the first innovation in medical device sterilization in over 20 years. Noxilizer technology provides a new sterilization option with a number of benefits: room temperature process, improved materials compatibility, faster cycle time leading to improved efficiency and reduced costs. All important factors as the medical device companies working in the life sciences industry continue to innovate and grow.

CRI is the only facility in the Midwest to offer access to this proprietary sterilization technology, and one of only two facilities in the United States at this time. Customers can utilize Noxilizer’s sterilization process for temperature-sensitive medical device materials, bioresorbable implants, prefilled syringes, drug-device combination products and collagen scaffolds.

Indianapolis Innovation Ties
A team with Indiana ties is driving this sterilization device innovation. Indianapolis-based CHV Capital, an Indiana University Health Company, is Noxilizer’s largest investor. Maura Kahn, vice president, business development and marketing, is an alumnus of Eli Lilly and David Opie, PhD, vice president, research and development, is a veteran of the Med Institute. The company has developed a network of prospects, including CRI—the Indiana company that stepped up to be first to not only use but also house the sterilizer.

CRI Noxilizer Partnership
“This agreement represents another significant milestone for Noxilizer as we continue to expand commercial access to our breakthrough NO2 sterilization technology. We are very proud of the role that Indianapolis firms have played in the Noxilizer success story. Indiana-based CHV Capital has provided key investment during the critical pre-commercial stage of Noxilizer, and so it seems fitting that CRI, another Indiana-based organization, will represent initial commercial expansion for industrial medical device sterilization. We look forward to supporting CRI’s work with their current and new medical device customers,” said Lawrence Bruder, president and CEO of Noxilizer Inc.

About Catheter Research Inc.
With complete solutions for design, development, and manufacturing processes within the medical device industry, CRI is a leading medical product developer and manufacturer of medical devices. Founded in 1987, CRI provides its customers with unbeatable service, excellent quality, and regulatory compliance. Located in Indianapolis, Indiana, CRI is a top Midwest medical device manufacturer and is listed as a 2012 Indianapolis Business Journal-Company to Watch. In 2008, CRI began the process to become an employee-owned business with a 30% ESOP acquisition. In December 2010, CRI became 100% employee-owned company.

About Noxilizer Inc.
Noxilizer has a unique and superior NO2-based sterilization technology that is revolutionizing two major sterilization markets — medical device/pharmaceutical/biotechnology manufacturing and hospitals. In the manufacturing market, Noxilizer provides sterilization services for next generation medical devices and drug/device combination products. Noxilizer also sells the RTS 360 NO2 Sterilization System to companies that sterilize their own products. In hospitals, Noxilizer is developing a system especially for the sensitive, high-tech equipment used in minimally-invasive surgical procedures. The company was founded in 2004 and is privately held. Investors include: CHV Capital (an Indiana University Health company), the Maryland Healthcare Product Development Corporation, the Abell Foundation, as well as angel investors. Noxilizer is located at the University of Maryland Baltimore County Technology Center in Baltimore, MD.

CRI Participates in 2012 United Way Day of Caring
August 24, 2012

The United Way Day of Caring is a day set aside for companies and individuals to participate in hands-on service projects at local human service agencies and schools. CRI was partnered with The Damien Center, a not-for-profit agency that provides services to persons in Central Indiana affected by HIV/AIDS, to move forward each day with dignity and to lead the fight to prevent the spread of HIV.

The “Fall Freshen Up” Project at the Damien Center included tasks such as cleaning, organizing, and stocking the pantry and stuffing a donation packet direct mail campaign promoting their Grand Masquerade Fundraiser. CRI production employees, who are used to catheter assembly on a day-to-day basis, quickly developed efficient processes to complete the tasks at hand. The United Way and Damien Center shared their appreciation, explaining the tasks would not have been completed without the help from CRI.

Thomas Medical, Inc Exhibit at ASRM Annual Meeting Oct 22-24th, San Diego
August 14, 2012

Thomas Medical, Inc. will exhibit at the ASRM Annual Meeting October 22-24, 2012. Please visit Booth # 219 at the San Diego Convention Center, San Diego, CA to see our line of disposable OBGYN medical devices and high quality German Stainless Steel Instruments. New products including the IUI Catheters, Pipelle De Cornier® and Pipelle De Cornier® Mark II, and Welch Allen Kleenspec® Disposable Specula  will be available.

Catheter Research, Inc. Honored as One of the 2012 Indiana Companies to Watch
August 10, 2012

(Indianapolis) – Catheter Research, Inc. has been recognized as one of the 2012 Indiana Companies to Watch, an awards program presented by the Indiana Economic Development Corporation, its Small Business Development Center and the Edward Lowe Foundation.

Twenty-five companies from Indiana will be honored as outstanding second-stage companies during the fifth annual Indiana Companies to Watch awards program, to be held on August 23 in Indianapolis.

Companies to Watch is an awards program that celebrates Indiana’s privately held second-stage companies, typically those businesses that are past the startup phase, are considered to be established, and face issues of growth, not survival.

Companies honored range in industries and have headquarters based in 13 counties throughout the state. Among the 25 honored companies in 2012 is Catheter Research, Inc.

About Catheter Research, Inc.

Located in Indianapolis, Indiana, Catheter Research, Inc. (CRI) is a market leader in medical device manufacturing, contract development, and product life cycle management. CRI specializes in catheter design /assembly, medical tubing /extrusion, and OBGYN Disposables. CRI provides excellence in project management, lean manufacturing techniques, supply chain controls, and regulatory compliance. CRI’s quality system has been designed to tailor processes to meet the diverse requirements of customers, in an ever changing regulatory and economic environment. CRI is FDA Registered and an ISO 13485 certified manufacturer.

CRI is the parent company of Thomas Medical, a distributor of OBGYN Products and Surgical Instruments. CRI/Thomas Medical is 100% owned by a workforce of 120+ employees who participate in the employee stock ownership plan (ESOP).

About Indiana Companies to Watch

Companies to Watch firms must employ between six and 150 full-time equivalent employees, have between $750,000 and $100 million in annual revenue or working capital in place, and demonstrate the intent and capacity to grow based on employee or sales growth, exceptional entrepreneurial leadership, sustainable competitive advantage or other notable strengths.

This year the program attracted more than 160 nominees and applicants. From that pool, 63 finalists were selected, and 25 companies emerged to become the 2012 class of Indiana Companies to Watch.

This awards program is unique because of its focus on second-stage companies. The impact of these companies on Indiana’s economy is tangible. During 2007-2009 Indiana’s resident companies averaged more than 32,000 second-stage establishments according to YourEconomy.org, an online resource of the Edward Lowe Foundation. Those second-stage companies employed an average of more than 773,000 workers during the period of 2007-2009.

Looking at the contributions of these companies from a different perspective, from 2007-2009 only 9.2 percent of Indiana’s resident establishments were in the second-stage category, however, they generated 37.2 percent of jobs in the state.

About the program presenters

The state of Indiana’s lead economic development agency, the Indiana Economic Development Corporation oversees Indiana’s statewide business attraction and development efforts, coordinates state programs, and incentives for companies looking to grow in Indiana, and provides assistance and funding to Indiana entrepreneurs and high-tech start-ups.

The Indiana Small Business Development Center Network offers free and low-cost strategic assistance for growth oriented entrepreneurs and businesses with less than 500 employees. Funded in part by the federal and state government, the ISBDC is focused on growing the economy through small businesses.

The Edward Lowe Foundation inspired the creation of the Companies to Watch program to celebrate second-stage entrepreneurs and their companies. Established in 1985, the Edward Lowe Foundation is a Michigan-based nonprofit organization that supports entrepreneurship through recognition, education and research with a focus on second-stage companies—those that have moved beyond the startup phase and seek significant, steady growth. The foundation also encourages economic gardening, an entrepreneur-centered strategy providing balance to the traditional approach of business recruitment.

2012 CRI School Supply Drive
August 3, 2012

CRI employees participated in the fourth annual school supply drive and provided backpacks to all employees with school-aged children. Team leaders from support departments including Sales/Marketing, Accounting, Operations, and Engineering encouraged their teams to purchase school supplies. In total 110 backpacks were filled and distributed in time for the new school year.

CRI now manufacturing IUI Catheters for Thomas Medical, Inc OBGYN division
August 1, 2012

CRI is now manufacturing IUI Catheters for the Thomas Medical OBGYN division, designed for intrauterine insemination. Two versions are available at Thomas Medical.com:
TMI1192 IUI Catheter
TMI1193 Shapeable IUI Catheter

CRI specializes in catheter design and assembly, and the IUI catheters feature an atraumatic tip for smooth insertion and depth marks for accurate placement. The Shapeable IUI Catheter includes a built-in malleable stylet for shaping.

CRI is the parent company of Thomas Medical, a distributor of OBGYN Products and Surgical Instruments.

CRI Participates in Purdue School of Engineering & Technology’s POWER Camp
July 17, 2012

Catheter Research Inc. (CRI) enjoyed the opportunity to participate in the Purdue School of Engineering and Technology’s 7th annual POWER (Preparing Outstanding Women for Engineering Roles) camp at the IUPUI campus in Indianapolis. The one-week camp serves as introduction to engineering for young women in high school. Participants engage in hands-on activities, industry visits, and roundtable discussions with female engineering professionals.

Shannon Parker, a recent graduate of Purdue School of Engineering and Technology and Biomedical Manufacturing Engineer at Catheter Research Inc, participated in this year’s roundtable discussion. Shannon provided insight into her college experience and her now day-to-day life as an engineer at CRI, a market leader in medical device manufacturing and development.

POWER camp strives to inspire young ladies to pursue careers in engineering. This year, camp participants traveled from Puerto Rico, Florida, Michigan, Ohio, and Illinois, and various parts of Indiana. Perception survey results indicated that all camp participants agree it would be fun to work in an engineering related job, and that women are as successful as men in engineering careers.

CRI Participates in Indianapolis Chamber of Commerce round table discussion
June 28, 2012

The Indiana Chamber of Commerce held a round table discussion with four companies recently selected as one of the 2012 Indiana Companies to Watch. CRI Chief Operating Officer, Christine Cook, participated in the discussion alongside representatives from Nolan Securities and Investigations, ATEC Electrical Contractors, and Wolf Diversified Industries.

The roundtable discussion was focused on the Indiana Companies to Watch award and what it takes to operate a successful business in the state of Indiana. Questions regarding the benefits of being an employee owned (ESOP) company were directed to CRI. The meeting was chaired by Tom Schuman, VP of Communications for BizVoice, and an article will be published in the August 2012 edition of BizVoice.

2012 IUPUI Senior Biomedical Engineering Design Class Visit
April 20, 2012

CRI hosted Professor William Combs and his Senior Biomedical Engineering (BME) Design students from IUPUI for an industry visit. Students enjoyed lunch while viewing a presentation from CRI Engineers and Operations, covering a range of topics including Design and Development, Project Management, Ethics, and Quality / Regulatory. Students went on a plant tour to gain a first-hand look at the facility and manufacturing capabilities including catheter assembly, tubing and extrusion, plus the cleanroom operations.

Students shared their senior design project presentations with CRI management and engineers. When asked about their plans after graduation in May, many students were eager to join the workforce as Biomedical Engineers, Medical Device Developers, or Medical Sales Representatives, while others planning to continue their education in Medical School. This year marked the third consecutive annual visit from the Senior BME Design class.

Thomas Medical to Exhibit at 2012 ACOG Annual Meeting May 5-9th, San Diego
January 20, 2012

Thomas Medical, Inc. will exhibit at the ACOG Annual Clinical Meeting May 5-9, 2012 Please visit Booth # 730 at the San Diego Convention Center, San Diego, CA.

BioCrossroads Frameworx Event Features Christine Cook as Panelist
January 18, 2012

Chief Operating Officer, Christine L. Cook, participated in a panel discussion at the BioCrossroads Frameworx Event on January 18th, 2012. Frameworx is an educational series and idea exchange focused on relevant Indiana Life Sciences topics and issues.

This particular Frameworx Event focused on the BioCrossroad’s report titled “From Hearts to Hips- Indiana’s Leadership in Medical Devices.” The keynote speaker was Bill McConnell, former Senior Vice President of Boston Scientific and Guidant, who reported the results to event attendees. He explained that the Indiana medical device sector currently ranks fifth in the nation in employment, and accounts for more than 40% of Indiana’s life sciences jobs. McConnell also discussed the benefits that Indiana offers to this industry such as low operating costs, low taxes, and access to universities. Despite the positive report, McConnell admitted the industry and sector still face several challenges.

Cook joined fellow panelists David Floyd, Chief Executive Officer of Orthoworx and Dan Peterson, Vice President of Industry and Government Affairs at Cook Group to discuss the challenges identified by the report. Such challenges include tax policies that discourage innovation, regulatory uncertainty, global competition, and increasing educational requirements.

Providing the small business perspective, Cook identified the upcoming federal medical device tax and increased global competition as the two most threatening challenges. Proposed for sales made after December 31, 2012, the device tax will charge 2.3 percent on the sale of medical devices to manufactures, producers, and importers. “Smaller companies will feel a direct impact from the tax, and will not be able to invest as many resources in areas such as new product development and training,” explained Cook in her panel response. On the topic of global competition, Cook explained that many overseas manufacturing companies have lower overhead costs and labor rates, making it difficult to compete on price alone. She added that CRI tries to offer additional services that overseas companies can’t offer.

To read the Biocrossroad’s January 2012 report “From Hearts to Hips- Indiana’s Leadership in Medical Devices” please visit: www.biocrossroads.com/Documents/Reports/2012-Indiana-Medical-Devices-Report.aspx

Thomas Medical, Inc Exhibits at Indiana Section ACOG Meeting
January 18, 2012

Thomas Medical, Inc. supported the Indiana Section American College of Obstetricians and Gynecologists (ACOG) by exhibiting at their meeting held on January 18, 2012 at the Ritz Charles in Carmel, Indiana. Over 250 local doctors attended the meeting which focused on “Health Maintenance and Basic Infertility / Endocrinology.”

CRI participates in Samaritan’s Purse Operation Christmas Child 2011
December 30, 2011

Samaritan’s Purse is a charitable organization that provides spiritual and physical aid to people in need around the world. Every year, they coordinate a program called “Operation Christmas Child” to collect shoe boxes filled with gifts and send them to thousands of children living in extreme poverty conditions.

CRI and Thomas Medical employees participated in the December 2011 drive and collected exactly 50 shoeboxes filled with toys, school supplies, hygiene items, and other gifts. Many employees enclosed a special note to the child recipient, and were encouraged to remember that child in their thoughts and prayers. Samaritan’s Purse asks for $7 per box to cover shipping and handling costs to distribute these gifts around the world; CRI donated the $350.00 needed for the 2011 distribution. Samaritan’s Purse tracked the shoeboxes and reported they were well received by children in Kenya.

To learn more about Samaritan’s Purse, please visit: www.samaritanspurse.org

Thanksgiving Campaign 2011
November 30, 2011

The CRI and Thomas Medical Thanksgiving Campaign 2011 included a fundraiser for Wheeler Mission and a food drive for local charitable organizations.

Wheeler Mission is a social services organization in Indianapolis that provides goods and services to the poor and homeless of our community. CRI holds a fundraiser each November for Wheeler Mission to support their mission of providing complete Thanksgiving dinners to over 80,000 people. The 2012 fundraising efforts included a $2 for $1 match by CRI for direct donations, and gift raffles. One lucky employee won a home cooked meal for their family – prepared by members of the CRI management team! 

Employees also brought in non-perishable food items and household items that were donated to Gleaner’s Food Bank and to St. Joseph’s Catholic Church for distribution to families in need in the community at large and in specific assisted living communities. Working together, the employees filled five large containers of food and pantry items during this drive.
To learn more about Wheeler Mission, please visit: www.wmm.org
To learn more about Gleaner’s Food Bank, please visit: www.gcfb.org

Catheter Research, Inc. Annual ESOP Meeting and Easter Egg Hunt
April 21, 2011

On Thursday, April 21st 2011, the employees of CRI held their second annual ESOP meeting. This marked the first meeting after CRI purchased the remaining stock of the company from President, John Steen. CRI is now 100% employee owned!

The CRI management team prepared an educational presentation designed to help employees understand an ESOP, including their benefits and responsibilities as employee-owners. Chief Operating Officer, Christine Cook; VP of Operations, Phil Sheingold; and Financial Controller, Kashif Qasim all participated in the employee presentation. CRI ESOP Trustee, Steve Thompson, CPA, also attended the meeting. Employees received their 2010 ESOP Participation Statements which included a letter of appreciation from President John Steen for their great efforts during the past year.

The ESOP meeting was held on Thursday before Good Friday, which is a CRI company holiday. CRI used this opportunity to celebrate the Easter weekend with a company luncheon and the annual Easter Egg Hunt for the employees. Several lucky employees received cash prizes for finding just the right eggs!

IUPUI Senior Biomedical Engineering Design Class
April 15, 2011

Each Spring, CRI invites Professor William Combs and his Senior Biomedical Engineering Design students from IUPUI to visit Catheter Research and tour its facilities. This year, 24 students came to get a first hand look at our medical device design and manufacturing operations.

The visit began with a catered lunch and introductions of CRI Engineers and Management, who explained their experience, background, and primary day-to-day job responsibilities. In turn, the students introduced themselves and their main area of interest in the field of Biomedical Engineering. CRI President John Steen advised that “if you’re the type of person who likes to get things done, and see finalized products, then manufacturing is the field for you.”

The students went on a plant tour lead by CRI Chief Operating Officer, Christine Cook, and VP of Operations, Phil Sheingold. Following the tour they gathered for a presentation about CRI, the types of engineers and responsibilities required by a manufacturing company, useful undergraduate skills, and some helpful advice on what employers might be looking for. The students ended the day by presenting their Senior Design Projects to CRI engineers and management.

ESOP Announcement and Annual Holiday Feast
December 22, 2010

On Wednesday, December 22nd, CRI held its annual Holiday luncheon, complete with a wonderful catered meal, door prizes, and cash awards! With everyone dressed in their special holiday fashions, it was a great time to celebrate the close of another great year at CRI.

Just before the luncheon, CRI President John Steen announced that the company was now 100% owned by its employees. The transactions to move CRI from a 30% ESOP company (only 30% of the company’s stock owned by employees) to a 100% employee-owned company were completed on December 21st. John congratulated the employees on a successful year, and thanked them for their hard work and dedication to our customers and our future. As employee owners, CRI employees now have an added incentive to continue building CRI into a first-class, preferred manufacturing partner for the medical device industry.

United Christmas Service 2010
December 17, 2010

In December, CRI employees continued their tradition of participating with Central Indiana’s United Christmas Service. We supported two families with gifts of toys, games, clothing, food, and gift cards contributed by our employees. After an afternoon gift-wrapping party, CRI employees delivered Christmas gifts and stockings to two very appreciative families – families who were able to bring smiles to their children’s faces thanks to the continued generosity and compassion of CRI and its employees.

CRI Welcomes VP of Operations - Phil Sheingold
November 29, 2010

Phil comes to CRI with a chemical engineering degree from Cal Poly University, and 25 years of experience in operations, engineering, and logistics. As Engineer, Plant Manager and Director of Operations, Phil’s prior focus was in food and beverage manufacturing for such companies as Frito-Lay, Gatorade, and other industry leaders. His international experience includes engineering and operations in Europe, Canada, and Mexico, where he was responsible for new plant construction, equipment design, capital improvements, and budget responsibilities exceeding $100 million.

Prior to joining CRI, Phil managed over 600 employees and the entire North American supply chain for Brightpoint. He also served as COO of Signcraft, a market leader in identity solutions, where he assisted in acquiring several companies to grow the company and increase its market presence.

Phil was one of the first HACCP Engineers for Frito-Lay and implemented changes through programs throughout the company. He is a continuing student of key systems and processes including Six Sigma, ISO, TQM, Lean manufacturing, and RFID technology.

Thanksgiving Campaign 2010
November 19, 2010

The 2010 CRI Thanksgiving Campaign included three ways for CRI employees to participate and give back to their community. The first part of the campaign was in conjunction with Duke Realty, and their annual Food Drive. During the first weeks of November, CRI employees donated non-perishable food items and filled the Duke Realty box to the top!

Next, CRI organized their own food drive, with the goal of providing complete Thanksgiving meals to families in need. A local church provided the names of three families that were in desperate need. CRI employees responded eagerly and filled twelve baskets with canned goods, crackers, drinks, fruit, fresh produce, books and games – enough that we were able to give four filled baskets to each family! CRI added a ham, a turkey, and a grocery gift card for each family. Not only did the families get the complete Thanksgiving meal with all the trimmings, but CRI employees provided enough groceries to help them for weeks after!

The final portion of the Thanksgiving Campaign was a donation to Wheeler Mission Ministries, Inc for their annual Thanksgiving meal. CRI held a pizza fundraiser by providing pizza for the entire company, asking employees to donate the cost of the meal. Once again, our employees responded and we met our goal!

CRI Employees Receive Flu Shots
October 22, 2010

One of the areas in which CRI prides itself is in caring for its employees. And, we recognize the importance of helping keep our employees – and their families – healthy. The Centers for Disease Control (CDC) recommends a yearly flu vaccine as the first and most important step in protecting against flu viruses, so we decided this would be an excellent additional benefit for our employees this year.

In past years, CRI has reimbursed employees for the cost of flu shots, but this year we decided to bring the flu shots directly to the employees! Health professionals from Walgreens set up shop in CRI’s offices and administered flu shots to anyone in the company wanting to be vaccinated. Nearly 65% of our employees took advantage of these flu shots – at no cost to them.

Team CRI/Thomas Medical Participates in 2010 ACS Making Strides Against Breast Cancer
October 16, 2010

CRI/Thomas Medical employees, family, and friends joined together to form the 2nd annual Team CRI/ Thomas Medical to participate in the American Cancer Society’s Making Strides Against Breast Cancer Walk. The primary focus of this event is to increase awareness and raise funds for breast cancer research.

In the weeks prior to the walk, raffles were organized to help employees raise funds. Employees donated homemade crafts, a cake decorated in pink, assorted hats, Avon products, and purses for the raffles. The company also raffled paid days off, and matched the full amount of the 50/50 raffle.

Team CRI/Thomas was represented by eighteen walkers at the Making Strides Against Breast Cancer Walk on October 16, 2010, and we donated $1500 to the American Cancer Society.

CRI Selected to Manufacture FlowCo LumenRECON Guidewire
September 9, 2010

Catheter Research, Inc. has been awarded a contract with FlowCo, Inc. for the manufacture of LumenRECON guidewires.

LumenRECON is a new arterial imaging device that is intended to be a less expensive and more accurate alternative to the current technology, Intravascular Ultrasound (IVUS), the LumenRECON guidewire uses electricity to gauge arterial characteristics and measurements. It provides a real-time digital reading to determine the placement and sizing of stents.

The LumenRECON device was invented by Dr. Ghassan Kassab, a biomedical engineer and IUPUI professor, and founder of FlowCo. CRI was involved in the initial development of LumenRECON.

After an extensive bidding and review process, FlowCo CEO, Bill McConnell, personally awarded the contract to CRI. "We are excited to be working with Catheter Research,” said McConnell. “Their people, their partnering spirit, their capability and their commitment to our success make them the ideal organization to help us move to the next stage of our company development."

2010 CRI School Supply Drive
August 4, 2010

On August 4, various staff members of CRI assisted with the distribution of 80 backpacks filled with school supplies. These backpacks were distributed to CRI’s hourly employees with school-age children and were filled with paper, pens, notebooks, glue, markers, pencil boxes and other supplies that would be needed for children in grades K – 12.

This was the second year for the CRI School Supply Drive, having started in 2009 when the HR Manager, Carolyn Dowd, came up with the idea after hearing a radio announcement about a similar project in Indianapolis. Thinking it would be a great way to give back to our employees, she approached the management staff with the idea – and an annual project was born.

Again this year, managers, engineers, and front office staff contributed the funds and the supplies were purchased during the last week of July. Then a group of employees volunteered their time to to pack all the supplies in the backpacks and label them prior to distribution. The time and effort was well worth it as we watched the line grow longer and longer with excited parents ready to take the colorful backpacks home. Many employees expressed their thanks for this wonderful gift and told us how excited they were to have the backpacks filled and ready for their children!

2010 Memorial Day Drive
May 27, 2010

In honor of Memorial Day, CRI employees maintained their tradition of remembering America’s fallen soldiers. Our employees raised money by purchasing raffle tickets for a chance to win cash and prizes. All proceeds raised by the employees were met dollar-for-dollar by CRI management.

This year, we honored the sacrifice of Brandon A. Barrett, who died while supporting combat operations in Afghanistan. CRI employees honored Brandon with a moment of silence during an employee meeting, and sent notes of tribute and remembrance to Brandon’s family along with a monetary donation in his memory.

IUPUI Senior Biomedical Engineering Design Class
April 23, 2010

The students of William Combs’ Senior Biomedical Engineering Design Class (BME 49200) were invited to visit CRI, to get a first-hand look at a medical device manufacturing and design company. When the students arrived, General Manager, Christine Cook took them on a plant tour so they could see some of the materials and processes as product was being assembled . Following the plant tour, CRI treated them to a catered lunch, during which they interacted with employees from CRI’s Engineering and Quality departments.

With just a few weeks before graduation, these biomedical engineering design students took this opportunity to share their senior design presentations with classmates and CRI staff members. General Manager Cook stated, “The students from Bill Combs’ Biomedical Engineering Design class are an exceptionally bright and talented group of young people. It bodes well for the future of Indiana and the healthcare industry that such talent will be helping to find new and exciting treatment solutions for the industry and the entire medical field ”

Catheter Research, Inc. Annual ESOP Meeting
April 9, 2010

On Friday, April 9, 2010, the employees of CRI held their annual ESOP meeting. During that meeting, the employees heard a “state of the company” address from President, John A. Steen, and from General Manager, Christine Cook. Employees received their 2009 participation statements, and Dr. Steen expressed his appreciation to all employees and owners of the company, stating, “…thank you for all of your contributions to the success of Catheter Research…a company in which you have a growing ownership!”

CRI ESOP Trustee, Mr. Steve Thompson, CPA, of Trusted Advisor Services, also addressed the employees and made a brief ESOP educational presentation . He congratulated all employees for their excellent management of the entire business of CRI, which resulted in an outstanding increment of 36% in share value for the year ending December 31, 2009 when compared to the prior year.

Employees of CRI donate to the American Red Cross Haiti Relief and Development
February 15, 2010

On January 12, a series of earthquakes with magnitudes ranging from 6.5 to 7.3 devastated Haiti.  Shortly thereafter, CRI employees started bringing in donations to help the earthquake victims.  CRI president John Steen quickly noticed the generosity of the employees and offered a dollar-for-dollar match by CRI.  A check for $1,000 was sent on January 22, 2010.

CRI Welcomes Biomedical Engineer Jane N. Nguyen
January 01, 2010

Jane Nguyen has recently joined CRI as a Biomedical Engineer.

Nguyen received her Bachelor of Science degree in Biomedical Engineering from Texas A&M University, with minors in Electrical Engineering and Mathematics. While pursuing her degree, Jane worked with the Space Engineering Institute working on an autonomous robot cooperative system, a joint project with Texas A&M and NASA. She was part of a co-op program with The Texas Heart Institute in Houston and worked with the College of Veterinary Medicine at Texas A&M supporting pathologists in the analysis of cardiovascular pathology in various biomedical devices.

Nguyen moved to Indianapolis at the end of December.  As a member of the engineering team, she helps drive development projects for catheter applications.

 

CRI Welcomes Biomedical Engineer Nathan D. Glass
December 15, 2009 

Nathan Glass has recently joined CRI as a Biomedical Engineer.

Mr. Glass received his Bachelor of Science degree through Purdue University, with a minor in Chemistry.  While pursuing his degree, he worked on several medical design projects and also studied computer aided design and economic theory. Mr. Glass began his career in 2001 as a Pharmacy Technician, compounding patient-specific medications in a highly regulated inpatient hospital setting in Indianapolis. He also chaired the Department of Pharmacy Technology for National College in Indianapolis.

His main responsibilities at CRI include product development and design, biomaterials research and sourcing. He is also involved in the design of product manufacturing processes and process improvements.

CRI Participates in United Christmas Service Donor Program
December 03, 2009

Christmas is the season of giving and for Christmas 2009, CRI ‘adopted’ two large families from the United Christmas Service Donor Program.  Wish lists were compiled for members of each family, and employees selected gifts to purchase.  Clothes, shoes, coats, household items, toys, books, and other items were collected throughout December.

The gifts were delivered to the families on the Friday before Christmas. At one location, the school social worker was there and wrote the following Thank-You message to CRI employees; “You all really went over the top with this.  I believe (the family members) were genuinely speechless.  I too was struggling with words.  We all thank you all so very much.  This experience for all has been terrific.” Jim Oakley - School Social Worker IPS #27 & 384.
December 03, 2009 

 

Thanksgiving Campaign 2009
November 18, 2009
 

During the month of November, employees were reminded that CRI is more than just a great company to work for – it is a place to practice friendship, learn respect for others, and encourage a sense of community.  Part of our responsibility to our community is to take care of people less fortunate.  Employees took this to heart, and donated generously to the Wheeler Mission and its annual Thanksgiving Day dinner. 

Employees also brought in non-perishable food items to donate to four local families in need.  CRI provided whole turkeys and hams along with grocery-store gift cards.  Everything needed for a complete Thanksgiving meal was delivered to the families a few days before the Holiday.

CRI Thanksgiving Campaign 2009 CRI Thanksgiving Campaign 2009

  

Team CRI/Thomas Medical participates in the American Cancer Society Strides Against Breast Cancer Walk
October 17, 2009

On Saturday, October 17, 2009, employees and friends formed Team CRI/ Thomas Medical to participate in the American Cancer Society Strides Against Breast Cancer Walk.The team members endured a brisk and windy three mile walk in downtown Indianapolis. 

In the weeks prior to the walk, all employees of CRI participated in various fundraising efforts including a raffle in which General Manager Christine Cook, and VP of Operations Gary Cerasale, personally delivered a home cooked meal for the lucky winner.  Altogether, CRI was able to contribute nearly $1,500 to the American Cancer Society.

 

CRI participation in the American Cancer Society Strides