(Total Views: 646)
Posted On: 03/01/2022 12:31:20 PM
Post# of 7505
![Avatar](https://investorshangout.com/images/ProfileImages/2010907820_59156_swordfish.jpg)
New strategy for device production
CICD Technologies, who has been BIEL's manufacturer for a couple years now, has been removed from the FDA Establishment Registration List. CICD showed up in January & February as being late for their 2022 registration and now they have been removed.
https://www.accessdata.fda.gov/scripts/cdrh/c...frl/rl.cfm (enter 'PQY' under 'Product Code' and hit 'Search')
The CICD website still has BIEL products listed so they may have changed to only suppling ROW customers which would not require US FDA registration.
https://cicdtech.en.made-in-china.com/
The Covid caused spike in shipping costs from China, at one point having increased by10x, may have made it advantageous to supply US customers from a US factory.
So, who will be doing the manufacturing for BIEL's US customers? KT Tape, Scott/DonJoy and SAI will need a reliable manufacturer.
One possibility is Dr Sree Koneru's new employer Viant/Meraqi.
"As a design and manufacturing services provider to the medical device industry, we partner and innovate with our customers to provide the highest quality, life enhancing medical devices in the world."
CICD Technologies, who has been BIEL's manufacturer for a couple years now, has been removed from the FDA Establishment Registration List. CICD showed up in January & February as being late for their 2022 registration and now they have been removed.
https://www.accessdata.fda.gov/scripts/cdrh/c...frl/rl.cfm (enter 'PQY' under 'Product Code' and hit 'Search')
The CICD website still has BIEL products listed so they may have changed to only suppling ROW customers which would not require US FDA registration.
https://cicdtech.en.made-in-china.com/
The Covid caused spike in shipping costs from China, at one point having increased by10x, may have made it advantageous to supply US customers from a US factory.
So, who will be doing the manufacturing for BIEL's US customers? KT Tape, Scott/DonJoy and SAI will need a reliable manufacturer.
One possibility is Dr Sree Koneru's new employer Viant/Meraqi.
"As a design and manufacturing services provider to the medical device industry, we partner and innovate with our customers to provide the highest quality, life enhancing medical devices in the world."
![](/m/images/thumb-up.png)
![](/m/images/thumb-down.png)