Matrix Medical Devices Enters Business Agreement with REU Associates, Inc.

    MENTOR, OH, November 23, 2014 /24-7PressRelease/ -- Matrix Medical Devices (www.matrixmedicaldevices.com) announced today that it has entered into a Business Transfer Agreement with REU Associates Inc., (www.REUAssociates.com). Each company provides product development, regulatory affairs, quality systems, and program management consulting expertise to the medical products industry. Under this Agreement, Matrix Medical Devices will assume Client management responsibilities for existing REU Associates accounts; while Ray Ursick, Founder of REU Associates, and its contractors, will continue to provide key expertise and support for its Clients.

With the synergy between the two companies, Matrix Medical and REU Associates Inc. recognized the opportunity to provide significant value for its Clients, both startup and established medical products companies, as they work to move their products in the marketplace. "Ray Ursick and I have worked together off and on for almost twenty years. Ray and his team bring experience and expertise in complex regulatory challenges, such as FDA Pre-Market Approvals, domestic and international regulatory compliance, and FDA remediation and consent decree," said Stephanie Harrington, CEO. "With Matrix's expertise in medical device product development and commercialization, both Ray and I recognized the opportunity to expand the breadth and depth of our capabilities for our Clients. I'm thrilled that we were able to establish an Agreement that is mutually beneficially for both parties, and, most importantly, for our Clients."

"A fundamental capability that makes REU Associates Inc., unique is its ability to assist both domestic and international startup and established medical products companies across the full spectrum of their needs. This agreement with Stephanie Harrington, Matrix Medical Devices further expands this opportunity to provide rapid access to markets for domestic and foreign companies looking to enter the healthcare marketplace" said REU Associates, President Raymond Ursick.

About Matric Medical Devices.

Matrix Medical Devices was founded in July 2013 by Stephanie Harrington, to help provide Medical Device Product Development expertise to accelerate its Client's product development cycle while streamlining post-market surveillance activities. Since its formation in July 2013, Matrix Medical has grown steadily to support both start-ups and large institutions, from across the globe, including such places as Ohio, California, Canada, and Israel.

About REU Associates Inc.

REU Associates Inc. was founded in September 2001 by Raymond Ursick and provides responsive FDA and international regulatory guidance on submission and compliance requirements for the medical products industry. REU Associates Inc. specializes in providing medical device developers, manufacturers and distributors with the know-how to effectively navigate the regulatory maze to bring their products to market quickly. The company provides well-crafted solutions that consider not only FDA and international medical device regulations, but business objectives, development plans, and profitability concerns. REU Associates offers both strategic and tactical support and currently serves as the in-house regulatory staff for numerous medical products companies.

REU Associates expertise and services range from regulatory affairs, quality systems, clinical affairs, and project management.

Website: http://www.matrixmedicaldevices.com

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