don’t need to be expensive to be effective. This “price-first” philosophy has not only reshaped the industry but has also become a catalyst for improving patient and caregiver experiences worldwide.
Todd Fagley, a passionate advocate for health and wellness, realized that MedSource Labs had a greater calling beyond affordability. He embarked on a global journey to create products and source materials, drawing on his own experiences studying abroad in Madrid during his undergraduate years at Denison University. What started as a small venture in the family attic has grown into a formidable force in the industry. Their secret to success? A relentless pursuit of health excellence and an unwavering dedication to putting patient safety first.
Todd’s commitment to health and wellness doesn’t stop at the boardroom. His personal dedication to physical excellence and longevity resonates strongly. He balances a dynamic business life and a deep family connection with his wife, Brenda and their three adult children, Calvin, Sophia and Anika.
His commitment to holistic
health emphasizes healthy relationships, eating, and living. In a feat of physical endurance, he completed the Ironman Barcelona in October 2022—a grueling triathlon comprising a 2.4-mile swim in the Mediterranean, a 112-mile bike race through the narrow streets of Calella, Spain, and a 26- mile marathon. HIs family and the entire MedSource Labs team cheered him on, embodying the company’s ethos of support and unity. Positivity through better health is his mantra.
Todd humbly credits MedSource’s team of 70 employees for the company’s success, particularly during the challenging times of the COVID-19 pandemic. MedSource leaned on long-term partners for support, adapted its strategy, and witnessed an unprecedented demand for its products. The team went above and beyond the call of duty to help ensure public access to vital medical diagnostic supplies. They’ve also donated medical supplies to places like Minnetonka-based Haiti Outreach, local schools and sports clubs, and Ukraine, promoting healthcare and positivity on a global scale.
With the pandemic receding, MedSource Labs has resumed its mission of innovative medical technology. At the heart of MedSource’s success story is the “EMERGE” process. This unique approach to medical product development has become a game-changer in the industry. The EMERGE process is a comprehensive framework that streamlines the journey from concept to market-ready product. It fosters collaboration, creativity, and precision at every step, ensuring that the final product not only meets but exceeds expectations.
Perhaps the most remarkable achievement of MedSource Labs is its recent foray into the IV Safety Catheter market. IV catheters play a vital role in patient care, and MedSource Labs recognized the need for a safer and more comfortable solution. With a keen focus on precision and patient comfort, they have introduced a range of IV Safety Catheters that are redefining the standards in the industry.
MedSource Labs’ journey from humble beginnings to a leader in medical product innovation is a testament to Todd’s unwavering commitment to healthcare excellence. As MedSource Labs looks back on its remarkable journey, Todd’s vision of affordable, innovative, and wellness-focused medical solutions continues to drive the company forward. With a legacy of success and a commitment to making healthcare accessible and effective, MedSource Labs is truly just getting started.
To view the full article: https://issuu.com/mplsstp/docs/november_2023/100
