Each month MPN sits down with one of the key players in the market to uncover the people behind the business. This time it's the turn of Nathan Doyle, sales and marketing manager for Compounding Solutions
Who are you and what do you do?
I am Nathan Doyle, sales and marketing manager for Compounding Solutions, a specialty custom compounder for the medical market. I am in charge of a team of seven highly motivated sales individuals who have helped Compounding Solutions grow to become the best medical compounder in the industry!
How would you sum up your company?
Compounding Solutions is a custom specialty medical plastics compounder. Formed In 1999 our company was created with the medical device market at the forefront of our thinking and operations. We are not an industrial company that has backed itself into the medical marketplace. We are a group that made the initial commitment to high quality and tight manufacturing practices on day one. As new procedures emerge and older ones evolve the demand for innovative base line technologies within the device industry is growing rapidly.
Name a business achievement you are most proud of.
I would say my current ongoing achievement of helping Compounding Solutions more than double its sales and size within the five years I have been working at the company.
What excites you about this industry?
I love the medical industry, the technological advancements coming out year after year in every facet of the industry are just astounding. This includes biocompatible materials, smaller and faster devices, new production processing (3D printing), new apps for mobile devices connecting us to better healthcare.
Where do you predict industry growth will come from over the next 12 months?
With report R&D budgets the highest I have seen in the market place in five years, I predict the most growth will come from the cardiovascular device area, with significant growth coming from new PICC line technology and a new market segment neurostimulation.
Which medical plastic device do you wish you had invented and why?
It would have to the new style of heart valves coming out, such as the Boston Scientific Lotus Valve or the DirectFlow Medical TAVR system. Three of my family members have needed valve replacements and got older technology valves. These new systems are more minimally invasive procedure with longer lasting positive results.