Paramit

Paramit

Medical Equipment Manufacturing

Morgan Hill, California 12,140 followers

About us

Paramit, headquartered just outside the heart of Silicon Valley and acquired by Swiss-based Tecan Group in 2021, is dedicated to improving people’s lives and health by empowering customers to scale healthcare innovation globally. Paramit develops and manufactures electronics based medical devices and life science instruments. We offer customers around the globe access to a deep bench of engineering and product development talent, as well as access to high-quality, cost-competitive manufacturing in North America and the APAC region. Our two world class facilities, strategically located in Northern California and Penang, each span roughly 150,000 square feet and are ISO 13485 certified. Both Paramit and its parent company, Tecan, are dedicated to improving people’s lives and health-related outcomes. We share a strong customer-centric culture and a long track record of operating in highly regulated markets, which are focused on mechatronic-intensive instruments that combine custom electronics, optics, robotics and/or microfluidics. Paramit’s vertically integrated capabilities include PCB assembly, test development, optics assembly and our innovative vPoke® computer directed mechanical assembly process. vPoke, designed for high integrity manufacturing and regulated markets, provides us with comprehensive device history records and full traceability for each and every product, ensuring that we consistently meet our goal of zero defects. Our extensive team of skilled engineers and technicians are fully equipped to assist customers during all stages of the new product introduction (NPI) process, including ideation, design, prototype development, late-stage reviews, manufacturing, and post-manufacturing services. We share a commitment to excellence and are singularly focused on helping our customers successfully bring bring their products to market.

Website
http://www.paramit.com
Industry
Medical Equipment Manufacturing
Company size
201-500 employees
Headquarters
Morgan Hill, California
Type
Privately Held
Specialties
vPoke Mechanical Assembly, Medical Device Manufacturing, Diagnostic Instrument Manufacturing, Low Cost Region Manufacturing, Product Development, PCB Assembly, and Test Development

Locations

Employees at Paramit

Updates

  • Paramit reposted this

    View organization page for Tecan, graphic

    53,572 followers

    Tecan’s technology development group, Emphysys, applies a strategic, science-based mind map approach to developing medical devices that revolutionize how new concepts are brought to market. In this three-part series, we dive into the 'fail fast discovery' method, a game-changer that accelerates solution delivery from years to mere months. See how the approach was applied during the development of a radio frequency (RF) medical device for a client to deliver optimized solutions. Despite a complex maze of variables, the Rapid Solution Blueprint method pinpoints critical issues, allowing the engineers to work highly efficiently in solving the challenge. Read the full blog at the link below and enhance your understanding with our exclusive infographic on the Rapid Solution Blueprint. https://lnkd.in/dsWsZRkM

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  • Paramit reposted this

    View organization page for Tecan, graphic

    53,572 followers

    𝐌𝐞𝐞𝐭 𝐮𝐬 𝐢𝐧 𝐂𝐡𝐢𝐜𝐚𝐠𝐨 𝐚𝐭 𝐀𝐃𝐋𝐌 2024! Join us at booth 3810 to discover Tecan, your trusted healthcare OEM partner. Our experts will be available to discuss our proven expertise and innovative solutions tailored to your needs. Whether you’re looking to advance your development projects or streamline your processes and reduce your time-to-market, we’ve got you covered. 📅 Schedule your one-on-one session and see how our partnership can drive your success: https://lnkd.in/dftpQaya We look forward to connecting with you at ADLM 2024! #ADLM2024 #Chicago #HealthcareInnovation #ClinicalDiagnostics

  • Paramit reposted this

    View organization page for Tecan, graphic

    53,572 followers

    How is Tecan driving the future of MedTech innovation? Watch the presentation from LSI USA 24 where Dr. Kevin Dempsey, Sr. Director of Business Development at Tecan’s technology development group explores how we apply multi-disciplinary engineering expertise to accelerate the development of next-gen medical devices.   We’ll also be at LSI Europe 24, where Kevin will lead another session on how we collaborate with our customers to develop new cutting-edge technologies, driving innovation in the MedTech industry. Meet us in Portugal this September for #LSIEurope24! Connect with us at an upcoming event: https://lnkd.in/gmXd7pNn #MedTech #TechnologyDevelopment #EngineeringExcellence #HealthcareInnovation

  • Paramit reposted this

    View organization page for Tecan, graphic

    53,572 followers

    How do you deal with multiple, often competing, device requirements in a complex MedTech product? Join us on June 11th for our “Navigating complex design landscapes” DeviceTalks webinar. This engaging panel discussion features industry experts from Tecan’s technology development group, Emphysys, as they share valuable insights into strategic decision-making in design, underscoring the importance of adopting optimization early in the development process for significant time and cost savings. What you’ll take away: 𝐖𝐡𝐚𝐭 is the ‘optimizer tool’ and what are the benefits of using the science-based approach. 𝐇𝐨𝐰 we apply the tool to be most effective in dealing with multiple, often competing, device requirements to deliver a product that most comprehensively meets those requirements. 𝐖𝐡𝐲 is this important: Time cost benefit of adapting the Optimization as an early design step to expedite time to market. Reserve your spot today: https://lnkd.in/dCB_3kdf #MedTech #HealthcareInnovation #MedicalDevices #MedTechDesign

    View organization page for DeviceTalks, graphic

    6,936 followers

    Join Dave Sonnenshein, Jed Palmer, Samuel Bruce and Kevin Dempsey of Tecan’s technology development group, Emphysys, as we delve into the intricacies of complex MedTech system design through advanced engineering techniques. You'll learn: - What the ‘optimizer method’ is and what the benefits are of using the science-based approach. - How the tool can be applied to be most effective in dealing with multiple, often competing, device requirements to deliver a product that most comprehensively meets those requirements. - Why is this important. Register today!

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  • Paramit reposted this

    View organization page for Tecan, graphic

    53,572 followers

    Join us at our upcoming “Navigating complex design landscapes” DeviceTalks webinar on June 11th to learn the secret behind expediting time-to-market for complex MedTech systems with multiple, often competing, device requirements. The panel discussion features engineering experts from Tecan’s technology development group, Emphysys, as they unpack how a deeper analysis of subsystem designs not only uncovers the most optimized solutions but also crafts a detailed blueprint for navigating future design challenges. Register now: https://lnkd.in/dQcfavFf #MedTech #HealthcareInnovation #MedicalDevices #HealthcareTechnology

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  • Paramit reposted this

    View organization page for Tecan, graphic

    53,572 followers

    We had a very productive show at DeviceTalks Boston - connecting with industry leaders at our booth and sharing insights into strategic decision-making in MedTech design at our in-person panel discussion. Industry experts Dave Sonnenshein, Samuel Bruce, Jed Palmer and Kevin Dempsey from Tecan’s technology development group, Emphysys, took the stage to discuss how adopting optimization early in the development process leads to significant time and cost savings. We are inspired by the conversations we had and look forward to continuing our discussions around the innovative technology emerging in MedTech. #DTB2024 #MedTech #HealthcareInnovation #MedicalDevices #HealthcareTechnology

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  • Paramit reposted this

    View organization page for Tecan, graphic

    53,572 followers

    Join Tecan’s technology development group, Emphysys, at our Speaker Session during the DeviceTalks Boston show on May 1st at 11:30am. The session titled “Navigating complex MedTech design landscapes” will feature Emphysys industry leaders, including: Dave Sonnenshein, Principal Electrical Engineer and Technical Lead Jed Palmer, Principal Mechanical Engineer & Program Manager Samuel Bruce, Senior Mechanical Engineer & Program Manager Kevin Dempsey, Senior Director of Business Development Moderated by Tom Salemi, this 45-minute discussion will delve into innovative MedTech design approaches. Learn about our 'optimizer methodology’, a science-based approach that helps in managing multiple, often competing, device requirements to deliver products that comprehensively meet these needs. Discover the time and cost benefits of incorporating optimization early in the design process to expedite market readiness. After the discussion, we invite you to visit us at booth 714, where you can further explore how we turn innovative concepts into transformative MedTech solutions. Register for the event today and ensure you don’t miss out on these insightful exchanges: https://lnkd.in/dbAcFqrf #DTB2024 #MedTech #HealthcareInnovation #MedicalDevices #HealthcareTechnology

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  • Paramit reposted this

    View organization page for Tecan, graphic

    53,572 followers

    Meet our team from Tecan’s technology development group, Emphysys, at booth 714 during the DeviceTalks Boston show on May 1st and 2nd.  Learn how we help you turn innovative concepts into transformative MedTech solutions. You can also drop by our Speaker Session, “Navigating complex MedTech design landscapes” on May 1st at 11:30am featuring Emphysys’ industry leaders and mediated by Tom Salemi: Dave Sonnenshein, Principal Electrical Engineer and Technical Lead Jed Palmer, Principal Mechanical Engineer & Program Manager Samuel Bruce, Senior Mechanical Engineer & Program Manager Kevin Dempsey, Senior Director of Business Development During this 45-minute session, we'll unpack how a deeper analysis of subsystem designs not only uncovers the most optimized solutions but also crafts a detailed blueprint for navigating future design challenges. Register for the event today: https://lnkd.in/dMD6TCkg #DTB2024 #MedTech #HealthcareInnovation #MedicalDevices #HealthcareTechnology

  • Paramit reposted this

    View organization page for Tecan, graphic

    53,572 followers

    Explore how Tecan’s technology development group, Emphysys, applied a strategic, science-based approach to developing an advanced energy-delivery medical device for surgical use. Our opening blog set the stage, exploring the power of collaboration between blending design, engineering, and physics to navigate a project laden with technical complexities. The final blog delves into the critical aspects of this project, detailing Emphysys' challenge of redesigning a power link to the circuits and control that were not meeting performance standards, all while adhering to extremely tight space constraints and stringent radio frequency human exposure limits. Utilizing what we call the 'Optimizer' tool, Emphysys dissected these challenges, paving the way for a solution that significantly improved the device's effectiveness. Discover how this breakthrough surpassed the project's goals and enabled their customer to deliver a competitive product that promises to enhance patient outcomes. Read the full blog here: https://lnkd.in/dZZdUxUj #MedTechDevelopment #RapidInnovation #MedicalDevice

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  • Paramit reposted this

    View organization page for Tecan, graphic

    53,572 followers

    Dive into our latest blog series to discover how Tecan’s technology development group, Emphysys, leverages a strategic, science-based approach to overcome a formidable challenge in the development of an energy-delivery medical device used in surgery. The first installment of this two-part series sheds light on the complexities of integrating diverse fields—design, engineering, and physics—to tackle a project with a maze of technical intricacies. Learn how our team resolved a significant bottleneck, accelerated the delivery of a groundbreaking medical device to the market, and reinforced the customer’s competitive position in the surgical space. Read the full blog and discover the power of collaboration and innovation in bringing life-changing medical technology to fruition: https://lnkd.in/dNcvs5bv #MedTechInnovation #TechnologyDevelopment #RapidIdeation

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Funding

Paramit 1 total round

Last Round

Private equity

US$ 45.3M

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