SubioMed Inc, a Bloomington, MN-based company that invents and develops biomechanics technology addressing critical elements of gait and balance, announces it has entered into a design and development agreement with Minneapolis-based Nortech Systems.
“SubioMed is very pleased to begin our product design and development process with the signing of a definitive agreement with Nortech Systems of Minneapolis,” SubioMed Executive Vice President Brian Bowen says, in a media release. “We are actively commencing work on our initial products with anticipated commercialization and launch in 2020.”
Nortech Systems provides a full range of design, development and manufacturing services for medical device companies and early-stage companies in the medical technology space.
“This is a pivotal milestone for the company,” SubioMed CEO Patrick Kullmann notes. “We are excited to be entering the commercialization stage of Dr. Barry Butler’s life-enhancing inventions. The experienced team of project leaders, mechanical engineers and industrial designers at Nortech Systems perfectly complements our leadership team and technology.”
Physical issues surrounding biomechanics of the lower extremities are a leading cause of morbidity and mortality affecting millions of patients worldwide. SubioMed intends to address this problem by commercializing technology invented by Dr Barry Butler. Dr Butler has been in practice 28 years and is board certified by the American Board of Podiatric Surgery (ABPS) and a Fellow of the American College of Foot and Ankle Surgeons (FACFAS), per the release.
[Source: GlobeNewswire]
