PremKumar Medical innovations, USA
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OUS & Indian manufacturer's seeking access to US market as contract manufacturers, OEM, Joint ventures or Direct-to-Hospital under your own brand
OUS & Indian manufacturer's seeking access to US market as contract manufacturers, OEM, Joint ventures or Direct-to-Hospital under your own brand
Overseas medical device manufacturer's seeking access to the US market, whether as contract manufacturer, OEM or direct-to-hospital sales, can benefit from partnering with us.
With over two decades of collective experience spanning the US, India, and international medical device markets, our team has successfully established a dedicated presence in the US Northeast, focusing on facilitating business exclusively for India-based medical device manufacturers and service providers.
Our very minimal monthly fee structure (Rs 29,000/month), alongside a commission model based on paid sales, ensures a fair and mutually beneficial arrangement.
Additionally, our deep-rooted connections to India and our commitment to understanding the challenges and aspirations of Indian companies, puts us in the unique position of creating a supportive and facilitative environment for collaboration between US and Indian entities.
A key principle that we ask companies we partner with to accept is that - We prioritize the power of partnerships !
Sharing of risk, focus on joint efforts, maximize rewards when sales are realized.
Office strategically located in the economically active North-East USA
Our initiative is fueled by the growing demand among US companies for sourcing alternatives beyond China, amidst escalating labor costs domestically.
Our expertise extends to selling to various stakeholders, including distributors, 1099 independent representatives, hospitals, and physicians, specifically in Orthopedics, vascular access, cardiovascular, and Diagnostics, we carry extensive knowledge in what US companies, stocking distributors and even direct-to-hospital sales representatives look for in OEM medical device suppliers.
This hands-on experience deepens our understanding of the quality and service requirements of the US medical device market. We can provide valuable insights and guidance on developing a cost-effective strategy for you to succeed in the US market.
Our value proposition revolves around seeking out US & LATAM distributors, well-funded US startup medical device companies, product development consultants, and established small to medium-sized medical enterprises and offering them the products , innovations, cost efficiencies and talent pool of overseas countries, particularly India.
Types of US businesses we target as your US market entry partners:
1) Medical Product Design and Development Consulting companies
2) Well funded medical device start-up companies
3) $30 -$150 Million established Medical device companies
4) Other marketing representatives who specialize in your product.
5) Assist with approvals of your product with GPO (group purchasing organizations) such as
Vizient, Premier and regional GPO's.
6) Assist with interfacing with US big-box distributors such as MedLine, Henry Schien, Owens &
Minor etc
we prioritize the power of partnerships !
Sharing of risk, focus on joint efforts, maximize rewards when sales are realized.
Value Proposition: Experienced US “boots-on-ground” Market representation and office.
Minimal costs to you : “I benefit only if you win” terms
Allow me to highlight some of the key advantages that Indian medical device companies stand to gain by partnering with us to access US / LATAM markets and business opportunities:
(a) Consulting & Business Development Services: We specialize in marketing your OEM products and contract manufacturing services to clients in designated markets such as the US, South/Latin America, and Israel.
(b) Acting as your US office to pursue US/LATAM sales on your behalf, including customer calls and interactions - lends legitimacy to US customers evaluating your company as a partner.
(c) Representing and manning your booths at US regional conferences, thereby minimizing travel costs and visa-related challenges.
(d) Conducting follow-ups with potential clients through in-person visits and calls, fostering relationship-building and trust.
(e) Assisting with the conversion of cold leads into potential business engagements.
(f) Offering tailored services to address specific requirements and objectives aimed at enhancing market share in the US and other regions.
Easy Terms & Fees for services
Commission based US representation - Minimize your fixed costs for legitimate representation in the US business.
No exclusivity or territory demands - if you utilize the work product I create for you, such as introduced clients, business contacts, and plans, I would be commissioned based on the resulting sales.
Fee structure – Max 20% commission on paid sales, % varies by project
– Minimal monthly fee comparable to middle management salary
Legal Jurisdiction – Only arbitration, US jurisdiction
Linking US & Asia / ME medical device Businesses, Markets & Talent
Head Quarters: Philadelphia, USA
Asia Office : Chennai, India
Phone : 208-8616488 , WhatsApp : +12088616488
Email: medical@Prem4Biz.com
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