Christoph Schmid’s Post

🔄️👩💼👨💼🌱𝐒𝐩𝐫𝐢𝐧𝐠 𝐄𝐱𝐞𝐜𝐮𝐭𝐢𝐯𝐞 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐂𝐡𝐚𝐧𝐠𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐃𝐞𝐯𝐢𝐜𝐞 𝐂𝐌𝐎 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲🌱👨💼👩💼🔄️ CMO ROW here and back with the 'spring edition' of recent leadership changes that we have seen within the Med Device CMO space! ⭐ Vantage MedTech Following the merger between RBC Medical Innovations and Sterling Medical Devices, Vantage MedTech have been putting the piece together as they look to enter a strong growth period back by Ampersand Capital Partners. Bringing in the right talent is crucial for this, with Jim Bartel joining as the CEO! Jim will use his 25years of Med Device and CMO experience from companies such as Spectralytics, Inc. (Cretex Company) and Stratasys to provide the right direction for the 150+ team at Vantage. Trevor Wahlbrink, CFA (Partner at Ampersand) says, "We are thrilled to have Jim join the Vantage team... His experience, commitment to quality, and teamwork mentality will prove invaluable to Vantage’s growth strategy." ⭐ Mack Molding Company With the announcement of long time serving President at MACK, Jeffrey Somple retiring this autumn/fall. MACK have announced that Joshua Pang will be taking over their 'Northern Division'. This division of MACK offers a complete vertical integration of services, including product design & development, prototyping, sheet metal fabrication, full-service machining, custom injection molding, and total product assembly up to and including Class III PMA medical device manufacturing. ⭐ Resolution Medical Even though my role covers people switching roles for their career progression, it's always good to see companies promoting internally and rewarding long serving employees. Jon Ewert has been promoted to COO at Resolution Medical. Jon has been at the organisation since 2015 and has seen their growth into a key player in the interventional CMO hub that is Upper Midwest. 🤝 Best of luck to all involved, looking forward to seeing your continued growth across this year! ❓Did I miss anything? - let me know in the comments❓ If you're looking to hire CMO-experienced talent, please reach out as I can assist! 📞 +44 775-455-8706 / +1 929-294-7260 📩 [email protected] #medicaldevices #cmo #contractmanufacturing #medicaldevicemanufacturing #leadership

Excited to share our insights on how can organizations close the gap between current capabilities and the competencies needed to succeed in today’s dynamic #medtech landscape? Our recent report offers a clear pathway for identifying crucial skills, customizing strategies for unique business environments, and applying practical steps to enhance team performance. Learn more here: Arthi Chandran Meghna Eichelberger John Hernandez Michel Hochstrasser Brock Schroeder, PhD Vaidyanathan Srikant Frederic Rupprecht Stefan Seliger Kristen Cook Monica Heth Schwarm

Embracing challenges, a taste for excellence At NEXOR Medical GmbH, we thrive on #challenges because we understand that they are the fuel for growth and innovation. As a #leader, I'm committed to cultivating a culture where every obstacle is seen as an opportunity to learn, evolve, and excel I firmly believe in the power of continuous learning. By staying curious and #open-minded, we keep pace with the ever-evolving landscape of healthcare technology and trends. Whether it's mastering cutting-edge advancements or exploring uncharted territories, we embrace every opportunity to expand our #knowledge and skillset In the face of challenges, emotional intelligence is our greatest asset. It allows us to navigate complex situations with clarity, #empathy, and #resilience. By understanding our own emotions and those of others, we foster a supportive environment where collaboration thrives, and solutions emerge Challenges are not roadblocks; they are stepping stones to success. With a resilient spirit and a hunger for excellence, we confront obstacles head-on, knowing that each hurdle brings us one step closer to our #goals. Through #perseverance, determination, and a relentless pursuit of excellence, we turn challenges into triumphs As we embrace challenges and push the boundaries of what's possible, we set the stage for transformative change. By fostering a culture of innovation, adaptability, and resilience, we position NEXOR MEDICAL as a leader in the #healthcare industry, a beacon of excellence that inspires others to rise to the occasion and reach new heights of success Stefano Agostinelli, NEXOR MEDICAL MAXIMUM PASSION IN WHAT WE DO

Through the holidays we finally did some move-in to the new Priority Medical offices! We've been asked several times over the past year why our office is so spartan after 3+ months, why we didn't have a website for 2+ years, and why we seldom make announcements. The simple answer: we're intensely focused on the client's product development. What feels better than confidence in a highly dedicated and focused team putting YOUR next #medicaldevice #innovation on the market? What feels better than knowing your #newproduct is a priority? What feels better than peace of mind from knowing your latest #acquisition is being scaled? . . One thing - when it's done and changing lives. --> it's our pleasure to serve <--

Staying focused can sometimes be mistaken for playing it safe. Some of the companies I engaged with had the "We are focused on market X" mindset. You can guess what happened to their revenue the moment they decided to think a little different.... In the medical device world, there are multiple unexpected markets out there that can outperform the one you are targeting. You simply need end users to adopt what you're manufacturing—it's that simple. And we all know where medical devices go... The world is vast, and with advancing technology, we have unprecedented opportunities to compete globally. At visionary companies, the drive for innovation ensures they stay ahead of the curve, attracting top-tier talent and fostering a culture of excellence. #MedicalDevices #Innovation #GlobalGrowth #VisionaryLeadership #MedicalDeviceSales #MedtechMarketing #MedtechSales #b2bsales #salestraining #boostrevenue

Such invaluable tips for healthcare professionals looking to break into the Medical Device industry! From mastering interviews to uncovering top-notch leadership advice, this is your ultimate guide. Check it out!

What makes a Clinical Specialist succeed in MedTech sales? Curt Cornell sat down with Sr. Talent Director Morgan Mills to discuss this and more in our exclusive clinical Leadership Live last month. While technical knowledge and sales acumen are important, it's the trust that a Clinical Specialist builds that truly drives success. Looking to break into Med Device? Learn from an industry leader and watch the full segment here - https://lnkd.in/g83VzTsB #LeadershipLive #ClinicalSpecialist #ImprovingLives

Continuing the discussion on talent management in marketing, this commentary by Bernie Jaworski provides an interview with Michael Farrington from Globus Medical and NuVasive. Read more with open access: https://lnkd.in/etKM67nz #marketingtalent #talentmanagementinmarketing

In today’s dynamic business landscape, the synergy between marketing and sales is more crucial than ever. 🚀 Organizations are constantly evolving, requiring adaptable strategies and seamless collaboration between departments. 🌟 Join us for a fireside chat where we'll delve into the art of breaking down internal silos and fostering alignment between marketing and sales. 🤝 Our esteemed speakers, Qiaoyi (Joy) Chen and Stacey Fagiolo, will share their invaluable insights gleaned from their experience at argenx. 👉 Discover how they successfully navigated organizational restructuring, embracing diverse skill sets to drive transformative results. From dismantling silos to crafting integrated sales and marketing strategies, this session promises to inspire and empower! #futurepharma #pharmamarketing #patientcentric #pharma 

𝐅𝐚𝐬𝐭𝐞𝐬𝐭 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬!   I previously wrote about the #revenue of some of the top #medical companies over the years. On average the revenue #growth of these companies has been roughly 100% over the last 15 years, i.e. compound annual growth rate of 5%. But the revenue growth has not been the same for all these companies though.   The following are some of the fastest growing medical companies by revenue growth over the last 15 years 1. Mindray 2. Intuitive 3. EssilorLuxottica 4. ResMed 5. Edwards Lifesciences 6. Thermo Fisher Scientific 7. United Imaging Healthcare 8. STERIS 9. IQVIA 10. 𝐅𝐔𝐉𝐈𝐅𝐈𝐋𝐌 Healthcare   Time will tell if these companies can maintain their momentum in coming years.   𝐋𝐢𝐦𝐢𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 Top-line growth is one of the key factors, when it comes to evaluation of financial strength of a business, but it also has its own limitations. Revenue growth alone does not fully represent the company's performance, as it benefits from #acquisitions and suffers from #divestitures. Additionally, companies with smaller revenues are typically better positioned to have higher growth, as growing the revenue from $1B to $2B is very different than growing it from $20B to $40B. To gain a deeper understanding of each of these companies, one must dive into their strategy, business model, product portfolio, global operations, and their overall financial and economics.   * For FUJIFILM, Roche, Johnson & Johnson I only included the revenue growth from their Medical/Diagnostics division. For non-US companies like Philips, Siemens Healthineers, B. Braun Group, Roche, FUJIFILM I used their revenue in their original currency and avoided conversion to USD.  For United Imaging I only looked at the growth over the past 5 years, as it recently went public. The level of growth that United Imaging has achieved in this period is comparable to what many companies have accomplished over 15 years, which is remarkable. For Philips I excluded the revenue from their "Lighting" division and only included the revenue from "Healthcare & Consumer Lifestyle". Philips divested 80% of its Consumer Lifestyle over the years. * Views and ideas are my own. The content that I provide here are intended to be educational only and are not financial advice. I have personal investment in several public and private tech and medtech companies, but always encourage the readers to do their own research.