Victoria BC & Toronto ON— March 28, 2017—StarFish Medical, Canada’s leading full service medical device development firm, announced today that it has acquired Kangaroo Group, the visionary Toronto-based medical device industrial design and productization organization. The combined national entity will better serve medtech companies throughout North America with easier East coast access, increased resources and experienced medical device talent spanning the design, engineering, regulatory, and manufacturing process.
One organization with Immediate benefits to existing clients
The merger results in a single organization under the StarFish Medical name with Scott Phillips as CEO, John Walmsley as COO, and Lahav Gil as Vice President Innovation. The company will operate design and manufacturing facilities in Victoria and Toronto, with a regional sales office in Minneapolis, Minnesota.
“With Kangaroo becoming our Toronto office in the east and StarFish in the west, we become a national entity that handily serves all of North America. Existing StarFish clients in the East will find it easy to visit us in Toronto,” explains Scott Phillips, StarFish Medical CEO and Founder. “Kangaroo has a core strength in industrial design and StarFish has core strengths in physics, software, electronic design, optics, ultrasound and other core technologies. I’m excited to see what we can do together.”
Lahav Gil, Kangaroo Group CEO and Founder notes, “Existing Kangaroo clients will experience much more robust service and offerings. On the product development side, they will be able to tap into a plethora of additional expertise and technical depth. In manufacturing they’ll find an expanded supply chain, regulatory personnel and expertise.”
Combining entrepreneurial experience and medical device expertise
Phillips cites a less obvious benefit to entrepreneurial companies, “The merger of our two companies that are 14 and 17 years old respectively to create a new, national Canadian entity delivers significant value to emerging-technologies, start-ups, and small medical device companies. A big benefit of our combined experiences is the ‘movie in our mind’ of what is about to unfold in the commercialization process. Clients think they are buying product design services, but what they’re really buying is people who’ve been part of this whole story before and can help guide them as to what it is supposed to feel like at different spots and whether it’s feeling right at that part of the journey.”
John Walmsley, StarFish Medical COO is leading the joint integration team which includes manufacturing, finance, operations, product development and human resources leaders from both organizations. “Our goal is to make sure that the combined investment in Information Systems, Quality and Regulatory, Supply Chain and People deliver great results for all customers as quickly and seamlessly as possible.”
Click here for a short video about the merger.
About StarFish Medical
StarFish Medical is a full service Medical Device Design company with design, development, and manufacturing services. We use our Pathfinder™ process to reduce wasted effort and increase success for medical device product definition, technical engineering, and product development. Prototype and volume production are delivered within an ISO 13485 certified Quality Management System and an FDA registered manufacturing and clean room facility.
About Kangaroo Group
At Kangaroo Group (ISO 13485) we conceptualize, design, and build medical devices for OEMs and start-ups. Kangaroo focuses on meaningful technologies with a high potential founder/management team and partners to design technology/business alignment as well as plan and execute the roadmap resulting in clinical and commercial grade products.