Neurosurgical Tools Maker Monteris Medical Expands In Plymouth
After a period of rapid growth, neurosurgical tools and solutions developer Monteris Medical announced expansion plans on Monday.
The privately held, Plymouth-based company said it would open a new facility roughly two miles from its corporate headquarters as it readies to increase its workforce. After upping its staff by 50 percent in 2015, Monteris now employs more than 60 workers. The company plans to increase its headcount by another 30 percent this year following the opening of its new location.
“As part of an established and growing medical technology corridor with a highly skilled workforce, Plymouth is a perfect location to continue our next phase of growth and development,” Monteris CEO John Schellhorn said in a statement. “We have been fortunate to expand rapidly over the previous four years and are excited to make our new home in a facility that will accommodate our expanding employee base and serve as our global operations center.”
Since 2009, Monteris has accrued more than $77 million through private investor funding. Its NeuroBlate system, which combines the use of catheters, lasers and MRI machines to assist neurosurgeons in treating brain tumors, was cleared by the FDA in 2013 and is now installed in 35 medical institutions in the U.S. and Canada. The company’s NeuroBlate system has been used in more than 800 patient procedures.
Monteris, which also has an office in Winnipeg, Canada, had only recently moved into its current Plymouth facility. The 16,000-square-foot space houses Monteris’ lab, warehouse, manufacturing and assembly spaces, as well as its offices.