MADE: Making Inroads In A Medical Market

By Staff Reports, posted Jan 12, 2018

Lucid Innovative Technologies LLC, 130 Division Drive, Suite A in Leland

Company description: Medical device manufacturer

Top officials: John Boos, Pete Peterson and Lisa Ferrara, cofounders

Year founded: 2017

No. of employees: 5

Products made: Medical, dental and surgical instruments/ implants and surgical cases/trays

What made the company decide to make its goods locally? Managing Partner John Boos: The “growing medical device market, skilled workforce [and] pro-business environment.”

Target market? Boos: “Small- to mid-sized medical, dental, surgical device companies and inventors looking to bring their medical products to market.”

What’s next? Boos: “Adding ISO-7 compliant clean room(s) for lease to local businesses. [We] recently added new sheet metal equipment to expand into custom cases and trays for various industries in 2018. Continued growth in contract manufacturing/ prototyping/testing of instruments and implants for the medical, dental and surgical industry.”

Editors note: In 2016, the Greater Wilmington Business Journal launched an annual awards contest to highlight manufacturers, makers, artisans and designers in the region in conjunction with its WilmingtonBiz Conference and Expo. While this year’s MADE Award winners will again be recognized as part of the upcoming event, the Business Journal is expanding its MADE focus year-round. Each month in the print edition, we’ll feature a locally based company making goods and products in the Cape Fear region. To be considered for the feature, contact editor Vicky Janowski at [email protected]. And keep an eye out for this year’s MADE Award winners in the March 9 issue.

To read the full article on Lucid Innovative Technologies click here

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