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Millstone Medical Outsourcing company logo
Corporation
HEALTHCARE | Medical Devices & Equipment / Device Design & Manufacturing
millstonemedical.com

Partners & Customers

1

Service Providers

1

About Millstone Medical Outsourcing

Millstone Medical manufactures medical devices and equipments worldwide. It is a provider of post-manufacturing services and offers quality critical inspection, sterile and non-sterile packaging, loaner kit processing, and finished goods distribution. The company was founded in 2000 and is based in Fall River, Massachusetts.

Headquarters Location

580 Commerce Dr

Fall River, Massachusetts, 02720,

United States

508-679-8384

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Latest Millstone Medical Outsourcing News

Millstone Medical Outsourcing Strengthens Olive Branch Location with New Leadership

Jan 9, 2024

News provided by Share this article New hires bring 50+ years of combined experience, dedicated quality expertise to team FALL RIVER, Mass., Jan. 9, 2024 /PRNewswire/ -- Millstone Medical Outsourcing, the industry's leading partner of choice for medical manufacturers' post-manufacturing and aftermarket services, has strengthened the leadership at its Olive Branch, MS facility with the addition of a new General Manager and Director of Quality. The additions bring a combined 50+ years of manufacturing experience and dedicated quality resources to leading Olive Branch. New Olive Branch General Manager, Bryan Marshall comes to his role with over 25 years of leadership in manufacturing, most recently with Anel Corporation (Mississippi) and Hyosung HICO (Tennessee). In addition to extensive operations leadership experience, Marshall holds a Lean Production Certification and is a Lean Six Sigma Yellow Belt. Olive Branch Director of Quality Sascha Berg is a seasoned professional with 30+ years' experience in quality assurance for production and quality systems in the pharmaceutical and medical device industries, most recently with Tegra Medical. CEO Karl Neuberger commented on the additions to the Olive Branch leadership team. "As General Manager, Brian brings a high degree of expertise, and we are excited to have him join the company in a facilities leadership role. In addition, we are excited to deepen the strength of our quality team with Sascha, whose role as a dedicated quality leader for Olive Branch is new to Millstone. His background with medical OEMs will help us understand our customers even better and elevates our ability to act as a seamless extension of their teams. Bryan and Sascha will help us to deliver continued growth as a strategic partner of choice for our clients." Millstone's investments in Olive Branch leadership follow recent strategic milestones, including the announcement that the company's testing services will move to an expanded facility in the Hartford, CT area in Q2 2024. "This year marks our 24th in business—and as we continue to drive significant annual growth, we remain focused on investing in our talent, leadership and facilities to ensure we have the capacity to serve our customers. With the addition of Bryan and Sascha, we have strengthened significantly, both in Olive Branch—and company-wide." About Millstone Medical Outsourcing Millstone Medical Outsourcing is a leading provider of customized outsourcing solutions to the medical device industry with a client roster of the most prominent global OEMs as well as emerging growth companies. Millstone delivers superior quality service, unparalleled expertise, and guaranteed ROI. The company offers packaging, testing, and logistics to device and product manufacturers worldwide. Millstone is privately held and operates state-of-the-art facilities in Fall River, MA, Olive Branch, MS, West Warwick, RI and Willington, CT (moving to Bloomfield, CT in Q2 2024). The company is FDA registered and ISO certified by BSI, Inc. to ISO 13485: 2016. For more information, please visit www.millstonemedical.com . SOURCE MILLSTONE MEDICAL OUTSOURCING

Millstone Medical Outsourcing Acquisitions

2 Acquisitions

Millstone Medical Outsourcing acquired 2 companies. Their latest acquisition was Ethide Labs on December 01, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/1/2022

$99M

Acquired

13

11/14/2022

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$99M

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10

Date

12/1/2022

11/14/2022

Investment Stage

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acquired

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Sources

13

10

Millstone Medical Outsourcing Partners & Customers

1 Partners and customers

Millstone Medical Outsourcing has 1 strategic partners and customers. Millstone Medical Outsourcing recently partnered with Dynatronics on July 7, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

7/14/2020

Client

United States

Dynatronics, Millstone Medical ink distro deal

Dynatronics said today that it has entered into a master service agreement with Millstone Medical Outsourcing to provide fulfillment and distribution services .

1

Date

7/14/2020

Type

Client

Business Partner

Country

United States

News Snippet

Dynatronics, Millstone Medical ink distro deal

Dynatronics said today that it has entered into a master service agreement with Millstone Medical Outsourcing to provide fulfillment and distribution services .

Sources

1

Millstone Medical Outsourcing Service Providers

1 Service Provider

Millstone Medical Outsourcing has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acq - Fin

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acq - Fin

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

Millstone Medical Outsourcing Team

3 Team Members

Millstone Medical Outsourcing has 3 team members, including current President, Executive Vice President, Richard Worthen.

Name

Work History

Title

Status

Richard Worthen

President, Executive Vice President

Current

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Name

Richard Worthen

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Work History

Title

President, Executive Vice President

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Status

Current

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O
Oliver Products Company

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Viant

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J
J-pac

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M
Medtronic Sterile Systems

Medtronic Biomedicus, Inc, Sterile Systems Operation has been providing EtO Sterilization services since 1990. Sterile Systems has four large chambers and a single smaller one. Because the company have chambers of multiple sizes, the company can easily handle loads from one cart to eight pallets. Sterile Systems is owned by Medtronic, a publicly traded medical device manufacturers. The company are able to leverage the benefits of being part of a multi-national corporation, but still offer the kind of customer service and personalized attention users get from design to sterilized product.

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