Triple Ring and Modulus Create Product Development and Manufacturing Partnership

Whether integrated vertically or horizinally—providing a “one-stop-shop” for medical device manufacturing continues to be the name of the game.

To that end, Triple Ring Technologies, a provider of advanced research and product development services, and Modulus, specialists in design, commercialization and manufacturing, have formed a strategic partnership.

The relationship is designed to offer client companies a complete range of services through all stages of product innovation, including concept, feasibility, design, engineering and manufacturing. While Triple Ring and Modulus each serve clients in several industries, the collaboration will focus on the medical technology sector.

The partnership will be particularly beneficial for early and mid-stage medical device and life-science companies, according to officials from both companies. The goal is to aid medical device firms in significantly shortening time to market while minimizing risk throughout each stage of the development and manufacturing process. Product innovation and market introduction can be seamlessly coordinated, giving clients a significant competitive edge.

“The combination of Triple Ring and Modulus is a powerful one—it gives clients access to expert resources with deep domain knowledge and an unmatched track record for commercializing innovations,” said Mir Imran, chairman and CEO of Modulus. “Triple Ring shares our passion for bringing exciting products to market, and their engineering resources and development capabilities are an outstanding complement to our organization.”

Triple Ring’s capabilities include systems engineering, physics, optics, data analysis and algorithm development, while San Jose, Calif.-based Modulus provides extensive experience in the design and manufacture of microelectronics, scientific instruments and implantable devices. The company is ISO 9001:2008 and ISO 13485:2003 certified for Class III medical devices.

According to Joe Heanue, president of Newark, Calif.-based Triple Ring, “Most companies in this space are either product development experts or manufacturing experts—very few can address both sides of the equation. We’re excited about this combination and we see Modulus, under the direction of Mir Imran—one of the industry’s brightest minds in medical innovation—as a tremendous resource to bring to bear for our clients. At a time when bringing products to market is rife with challenges, we’re in a great position to help our clients work through the complexities.”