mastercontrol Archives - Medical Design Sourcing

How digital tools can attract, engage and retain tech-savvy talent in medtech manufacturing

Photo courtesy of MasterControl

By Katie Farley, MasterControl

As digital initiatives in medical device and diagnostic manufacturing continue to advance, medtech companies face a significant technology talent shortage that is expected to get more severe as technologies and their associated skills become more advanced. What’s becoming clear is that attracting and retaining top talent is increasingly difficult in manufacturing environments dominated by paper.

On average, 45% of frontline manufacturing workers across all age groups say the opportunity to work in a more modern, digital environment would be part of their decision to leave their current employer, according to research from workforce software developer Parsable.

Digital technology is an expectation of today’s workers, who are familiar and comfortable with personal technologies like smartphones and tablets and immediate access to digi…

The next step for medtech: becoming a Google-like leadership proving ground

MasterControl CEO Jon Beckstrand and Chief Culture Officer Alicia Garcia at the 2022 MasterControl Summit [Photo courtesy of MasterControl]

Leadership is crucial for attracting, keeping and getting the most out of great talent.

Jon Beckstrand, MasterControl

Medical technology companies are among the leading drivers of innovation around the world, but most organizations are missing a critical element of building for the future. To ensure the creative future of the industry, we need to create intentional programs that will empower the next generation of engineering and business leaders.

The tech giants of Silicon Valley have provided a roadmap for businesses everywhere to follow. Former Google employees, for example, have created more than 170 startups, including Pinterest, AirTable, Nuro and others.

Much of this second-generation success is directly attributable to the Googles and Metas of the …

MasterControl raises $100M to support its quality and manufacturing software

MasterControl (Salt Lake City) today announced a $150 million Series A round led by Sixth Street Growth, with a company valuation of $1.3 billion.

The money raised will accelerate the development of its quality and manufacturing software as a service offerings serving life sciences customers. MasterControl’s customers include such giants as Pfizer, Cochlear and Thermo Fisher Scientific. It says it has more than 1,100 customers worldwide, including 50 of the top pharma and medical device customers.

Up until this point, the privately held company had bootstrapped its way up to more than $100 million in annual revenue.

Get the full story on our sister site, Medical Design & Outsourcing.

MasterControl raises $100M to support its quality and manufacturing software

MasterControl (Salt Lake City) today announced a $150 million Series A round led by Sixth Street Growth, with a company valuation of $1.3 billion.

The money raised will accelerate the development of its quality and manufacturing software as a service offerings serving life sciences customers. MasterControl’s customers include such giants as Pfizer, Cochlear and Thermo Fisher Scientific. It says it has more than 1,100 customers worldwide, including 50 of the top pharma and medical device customers.

Up until this point, the privately held company had bootstrapped its way up to more than $100 million in annual revenue.

Get the full story on our sister site, Medical Design & Outsourcing.

MasterControl raises $100M to support its quality and manufacturing software

MasterControl (Salt Lake City) today announced a $150 million Series A round led by Sixth Street Growth, with a company valuation of $1.3 billion.

The money raised will accelerate the development of its quality and manufacturing software as a service offerings serving life sciences customers. MasterControl’s customers include such giants as Pfizer, Cochlear and Thermo Fisher Scientific. It says it has more than 1,100 customers worldwide, including 50 of the top pharma and medical device customers.

Up until this point, the privately held company had bootstrapped its way up to more than $100 million in annual revenue. It aimed to disrupt the $17 billion manufacturing execution system (MES) market with the launch of Manufacturing Excellence in 2019. It has since attracted well over 100 new customers in the MES market and has seen more than 100% growth in sales every year.

“For nearly three decades, we’ve been laser-focused on our mission to make life-…

Staying on the compliant side of change control regulations

Proper change control is essential to ensure the quality and safety of medical devices. [Photo courtesy of MasterControl]

Medical device change control regulations have a lot of boxes to check.

By Matt Lowe, MasterControl

Given the dynamic nature of medical device development, changes are inevitable.

Change control focuses on managing changes throughout a product’s life cycle as a part of current good manufacturing practices (cGMP). Extensive regulations ensure that changes don’t put the safety, reliability and performance of products at risk. Therefore, it’s critical that medical device manufacturers adhere to all of the regulatory change control guidelines.

This article provides four tips for effectively managing change control to remain compliant with cGMP regulations.

1. Know that regulatory changes are coming

The FDA is close to aligning the current cGMP requirements of its Quality…

Webinar: Closing the digital manufacturing gap — A holistic view of data

Thursday, August 20, 2020 11:30 a.m. Eastern time / 8:30 a.m. Pacific time

(Image from the Royal Academy of Engineering on unsplash.com)

As medical device and diagnostics manufacturers invest in factory automation and digitization, their efforts are too often impeded by critical production and quality processes that remain paper-based — leaving a digital gap. Many companies live with this gap because they believe it takes too long to implement a new, digital production system and adjust to new processes.

This exclusive webinar will explore how a configurable and lightweight application that is fast to implement and deliver results can effectively close this digital gap. Digitization on the shop floor can quickly create productive connections between systems, processes and people — for a holistic view of data that helps accelerate production and ensure regulatory c…