The Making of Merit Medical—A Timeline Celebrating 35 Years (2024)

This year, we’re celebrating 35 years of Merit Medical, an organization founded with a vision to be the most customer-focused company in healthcare. Since then, we’ve expanded from our headquarters in Salt Lake City, UT, to facilities across the world with a diverse, ever-growing portfolio of products.

As with any great business, we couldn’t have done it alone. Our team is at the heart of what we do. We understand clinician needs and innovate products to meet those needs. We deliver diagnostic and treatment solutions that work. Above all, we help ensure our healthcare partners have what they need to help patients live their best lives.

Let’s look back at some of the pivotal moments that made us Merit.

1987

Our story begins more than three decades ago in an industrial park in Murray, UT. Fred Lampropoulos, Merit’s founder and CEO, brought his idea of a stronger, safer, disposable syringe to life—replacing glass syringes currently used in patient care. In 1988, our first syringe hit the market, paving the way for countless medical innovations to come.

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1994

To keep up with an increasing demand for our growing portfolio, we opened our first international location, a manufacturing facility in Galway, Ireland. Today, our Galway team continues to thrive. In 2018, they earned the Medtech Company of the Year award in recognition of their dedication.

This same year, we also saw the opening of Merit Sensor, one of several product divisions that bolster our offerings.

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1999

This year marked the opening of our Merit Houston facility. A Center of Excellence, Merit Houston specializes in polymer extrusions and catheter manufacturing.

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2000

More than a decade of focus and persistence came to fruition in 2000 with the launch of our first compression device, the RADstat® Radial Artery Compression Device. Since then, we’ve continuously innovated and improved our compression device offerings to provide clinicians with superior options—the PreludeSYNC EZ™, PreludeSYNC DISTAL™, and SafeGuard® family of products.

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2004

As our US presence continued to grow, we added another location through the acquisition of our Richmond, VA, facility. An integral part of our business, it remains an important manufacturing and distribution center, responsible for producing more than 35 million components each year.

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2005

Close to home and far away, this year brought big developments. Our Salt Lake headquarters opened a new manufacturing facility. Doubling its existing square footage, the new facility added more than one hundred new production jobs.

We also opened a facility in Venlo, Netherlands, specializing in manufacturing coated wires, and in 2008, followed with a sister location in Maastricht, our EMEA Distribution Center of Excellence.

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2010

In 2010, we opened our Paris facility. This expansion gave us state-of-the-art embolic material manufacturing capabilities. Our global capacity for delivering more minimally invasive treatment options to patients increased.

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2015

Our Tijuana, Mexico, facility opened in 2015, where our dedicated employees enjoy award-winning cafeteria service, a safe and convenient transportation system, and more. As one of our primary manufacturing and assembly facilities, our Tijuana team plays a critical role in our success.

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2016

In 2016, we launched the SCOUT® Radar Localization system. Designed to improve patient outcomes, SCOUT marked our strong commitment to reducing the burden breast cancer has on patients and their loved ones. As of 2021, SCOUT surpassed 200,000 procedures worldwide.

As the company expanded, we were able to show our appreciation for employees by offering more services that prioritized their health and wellness. This year Merit Salt Lake introduced the Merit Care Clinic, an on-site practice that provides low-cost healthcare to employees and their dependents. We also opened the Merit Employee Garden, a 1-acre parcel of land that offers fresh produce as well as the opportunity for our team to spend time outdoors.

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2017

We were proud to welcome Singapore to our Merit family in 2017 as one of our chief centers for innovating and manufacturing. Our Singapore team has more than 30 years of experience in Critical Care product development; and with its R&D laboratory capabilities, it closely collaborates with government agencies and research institutes.

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2022

Today, Merit is a billion-dollar company that continues to have a positive impact on patient lives worldwide. Our family of 6,800 employees make this possible by fulfilling the Merit mission to Understand, Innovate, and Deliver.

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To our dedicated team, thank you for your efforts in building the next great healthcare company. We look forward to many more years of making a difference.

The Making of Merit Medical—A Timeline Celebrating 35 Years (2024)

FAQs

What is the slogan of merit medical? ›

Vision & Values - Understand. Innovate. Deliver. - Merit Medical.

What is a medical merit? ›

The Order of Military Medical Merit is a unique, private organization founded by the Commanding General of the U.S. Army Health Services Command in April 1982, to recognize excellence and promote fellowship and esprit de corps among Army Medical Department personnel.

When did merit medical start? ›

Founded in 1987, Merit Medical believes that long-term value is created for our customers, employees, shareholders and communities when we focus outward and are determined to deliver an exceptional customer experience.

Who is the CEO of merit medical? ›

Fred Lampropoulos | Merit Medical Founder and CEO since 1987.

What is the medical motto? ›

It is generally believed that the famous phrase, “ first do no harm” is contained in the original Hippocratic Oath but it was not, and it is believed that the motto is found elsewhere in Hippocrates' writings which states that “The physician must…have two special objects in view with regard to disease, namely to do ...

What is the mission of merit medical? ›

Since 1987, Merit Medical has developed and delivered products that support healthcare providers and improve patients' lives around the world. The Merit mission has been—and always will be—to understand, innovate, and deliver.

Where is merit medical headquarters? ›

How big is merit medical? ›

Merit serves client hospitals worldwide with a domestic and international sales force and clinical support team totaling in excess of 500 individuals. Merit employs approximately 7,100 people worldwide.

How many employees does Merit Medical have? ›

Merit Medical Systems had 6,950 employees as of December 31, 2023.

Who started merit? ›

Founded by Katherine Power in 2021, MERIT was created to reimagine luxury beauty by making it clean, well-edited, and accessible — essentials that have earned a place on your vanity.

How long has merit been in business? ›

Founded in 1966, Merit owns and operates America's longest-running regional research and education network.

What is a merit company? ›

About The Company

Merit bridges data and trust gaps between and among government, companies, organizations, and individuals with digital credentials known as merits that are sent, stored, and accessed via the Merit platform.

What is merit medical net worth? ›

Merit Medical Systems net worth as of August 30, 2024 is $5.63B.

What does merit medical make? ›

Founded in 1987, Merit Medical Systems, Inc. is engaged in the development, manufacture, and distribution of proprietary disposable medical devices used in interventional, diagnostic, and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care, and endoscopy.

What is the merit medical team? ›

MERIT doctors contribute to command and clinical decision-making processes. The team provides medical advice, coordinates on-scene medical assets, and helps us get the right care to patients involved in large-scale incidents.

What is the tagline of merit beauty? ›

Merit Beauty Supply has been in business for over 50 years servicing the Beauty Professional in all phases of Hair,Nail and Skin care. Our motto has always been "service is everything"!

What is the acronym merit? ›

MERIT is an acronym for: Mammography, Early detection biomarkers, Risk assessment and Imaging Technologies.

What is the slogan for Medicaid? ›

The Medicaid slogan on the Medicaid.gov website states: “Keeping America Healthy,” but is it really?

What is the military medical slogan? ›

The official motto of the U.S. Army Medical Center of Excellence, approved by the US Army Institute of Heraldry is “TO CONSERVE FIGHTING STRENGTH” and is inscribed on the distinctive unit insignia. The distinctive unit insignia was originally approved for U.S. Army Medical Field Service School on 17 June 1965.

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