3D Systems Launches Partner Program For Medical Implants
Zacks Investment Research | Jun 14, 2017 09:30PM ET
3D Systems Corporation (NYSE:DDD) recently pioneered a 'certified partner program' for medical device additive manufacturing companies to help them improve their services. rms Company, the first to be on board, will leverage on 3D Systems’ Direct Metal Printing (DMP) technology to design, develop and manufacture medical implants.
Per the program, 3D Systems’ equipment, process and materials expertise will be combined with rms’ manufacturing prowess. This will aid medical device firms to work on the development and production of FDA-cleared medical devices under one roof. 3D Systems believes that this will also help it to offer the same level of customer experience across all platforms.
The partnership will help customers of both companies access 3D printing, machining and secondary processing capabilities in a seamless manner. Most importantly, the ability to execute all steps from development and production of 3D parts will offer customers a “speed to market” advantage, which is currently missing in the industry.
We believe that the latest partnership program is in line with the company’s efforts to speed up the adoption process of innovative products that can take medical device design and manufacturing to the next level. Encouragingly, shares of 3D Systems have gained 35.6%, outperforming the Zacks categorized Zacks Investment Research
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