WBIR 10 News Features TEAM Technologies’ Rapid Antigen COVID-19 Tests

Knoxville NBC news station WBIR interviews TEAM Technologies’ CEO, Marshall White, on the company’s involvement in the fight against COVID-19. Watch the interview and read the entire article here.

TEAM Technologies is working with Maryland-based Maxim Biomedical to develop the point-of-care rapid antigen tests for COVID-19 that produce results in 15 minutes. Leveraging its expertise in a variety of services and capabilities ranging from product development, supply line expertise, to packaging and kitting, TEAM Technologies is planning to help produce 3 million kits by the end of the year and increase to 3 million per month and beyond as long as tests are needed.

As part of an effort to boost COVID-19 testing capacity, this project has been funded in part by the NIH Rapid Acceleration of Diagnostics (RADx SM) initiative with federal funds from the National Institute of Biomedical Imaging and Bioengineering, National Institutes of Health, Department of Health and Human Services.

Read the press release here.

 

TEAM Technologies to Produce Rapid Antigen COVID-19 Tests

TEAM Technologies Leverages Medical Device Capabilities in Partnership with Maxim Biomedical to Produce Rapid Antigen COVID-19 (SARS-CoV-2) Tests that Deliver Results in 15 Minutes

Developed in conjunction with Maxim Biomedical Inc. and the National Institutes of Health (NIH), the Rapid Antigen Diagnostic Tests offer Fast and Easy-to-Read Results Ideal for Point-of-Care (POC) Use

Morristown, TN — September 8, 2020 — As part of its growing portfolio of medical device and healthcare solutions, TEAM Technologies will produce point-of-care (POC) tests to assist organizations seeking the benefits of rapid testing for COVID-19. TEAM Technologies is producing the in-vitro diagnostic (IVD) test with Maxim Biomedical, who developed the test as part of the NIH Rapid Acceleration of Diagnostics RADxSM initiative, a program launched last April to speed innovation in the development, commercialization, and implementation of testing technologies for COVID-19.

TEAM Technologies has facilities across the United States providing a variety of services ranging from product development, supply line expertise, and packaging and kitting of the SARS-CoV-2 diagnostic tests. “We are pleased to be working with the team at Maxim Biomedical as an instrumental partner in bringing this much needed testing solution to market,” commented Marshall White, President and CEO of TEAM Technologies. Collectively, TEAM and Maxim currently have a goal to produce 3 million tests by year’s end and to achieve a production rate of 15 million tests per month in early 2021.

The SARS-CoV-2 Rapid Antigen Diagnostic Test utilizes Lateral Flow Assay (LFA) technology with a streamlined workflow and a closed-tube format that eliminates the need for expensive equipment or a reader to perform. The assay achieves this by combining the specimen swab, reagents, and test strip in a compact, self-contained environment, allowing for incubation, reading and disposal in one tube. Results are available within 15 minutes and stable for more than two hours.

Complementing the IVD and POC experience of Maxim Biomedical, TEAM Technologies is employing its medical device manufacturing capabilities to rapidly scale production quantities of the SARS-CoV-2 rapid antigen test. “Many organizations, from schools to businesses to factories, can benefit from having the ability to perform testing that produces safe, quick and easy-to-interpret results,” White added. “We are proud to partner with our colleagues at Maxim Biomedical to make this test available.”

Mr. Jonathan Maa, COO of Maxim Biomedical, Inc. said, “Maxim Biomedical has always endeavored to provide high quality testing where it would fulfil unmet needs.  The urgent demand for testing is an opportunity to apply our expertise in LFA technology.  We developed a point-of-care rapid antigen test that is safe for community use and reduces risk for patients and front-line workers.  We are glad we found a partner like TEAM Technologies to help us bring this important test to market.”

As part of an effort to boost COVID-19 testing capacity, this project has been funded in part by the NIH Rapid Acceleration of Diagnostics (RADx SM) initiative with federal funds from the National Institute of Biomedical Imaging and Bioengineering, National Institutes of Health, Department of Health and Human Services, under Contract No. 75N92020C00020.

This SARS-CoV-2 Rapid Antigen Diagnostic Test has not been FDA cleared or approved.

About TEAM Technologies
Headquartered in Morristown, TN with 13 facilities throughout the United States, TEAM Technologies is a leading solutions provider supporting the foremost global healthcare products companies. With its ‘ONE TEAM, MANY TECHNOLOGIES’ philosophy, TEAM boasts an extensive lineup of manufacturing processes designed to service the oral care, infection prevention and control, advanced wound care, pharmaceutical dispensing, IVD diagnostics and other medical end markets. With an entrepreneurial mindset and a management team with deep industry experience, TEAM Technologies leverages seamless, turnkey processes and innovation to positively impact the success of TEAM’s customers.  For more information, visit teamtech.com.

About Maxim Biomedical Inc.
Founded in 2005 as a branch of the Maxim family of businesses, Maxim Biomedical (www.maximbio.com) was created as a company dedicated to the development of high quality, in-vitro diagnostic (IVD) and Point-of-Care (POC) testing solutions that make positive contributions to public health and healthcare worldwide. The company, located in Rockville, Maryland places Maxim Biomedical in one of the world’s top scientific regions, just steps away from our nation’s capital. Maxim Biomedical’s 26,000 square foot facility houses over 13 individual laboratories.  The company offers a line of FDA and CDC approved products, as well as raw materials, and customized CRO/CMO services.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws that involve material risks, assumptions and uncertainties. Many possible events or factors could affect our future financial results and performance, such that our actual results and performance may differ materially from those that may be described or implied in the forward-looking statements. As such, no forward-looking statement can be guaranteed. Differences in actual results and performance may arise as a result of a number of factors including, without limitation: the impact of the novel virus (COVID-19) global pandemic; an inability to agree on a definitive agreement or meet key deliverables and milestones under the NIH’s RADx-ATP contract.

TEAM Technologies Strengthens its Medical Manufacturing Solutions with the addition of Baril Corporation

MORRISTOWN, TN, August 25, 2020 – TEAM Technologies has expanded its capabilities to support the design and manufacture of medical device technology and healthcare products with the addition of Baril Corporation. This further extends TEAM Technologies’ ability to provide a growing portfolio of products and services to meet the needs of customers in the medical device, healthcare, dental, and oral care markets while increasing its geographical manufacturing footprint within the United States.

Located in Haverhill, MA, Baril Corporation has contributed nearly 50 years of expert contract manufacturing services to medical product companies around the world and serves a wide range of markets including wound care, patient monitoring, clinical chemistry and single-use surgical and medical devices. Baril’s experience in rapid prototyping capabilities, engineering and inventory storage capacity has allowed them to bring customers’ concepts and ideas to market faster than their competition.

“As a leading U.S. manufacturer, TEAM Technologies is pleased to welcome everyone at Baril Corporation to our TEAM,” said Marshall White, President and CEO of TEAM Technologies. “Having a strong partner like Baril enhances our ability to serve our collective customers in the medical device market and support their product development needs. Being ONE TEAM with MANY TECHNOLOGIES means we can provide solutions that revolutionize the healthcare markets we serve and improve the lives of countless patients.”

“Baril Corporation continues its focus on innovative customer solutions,” said Dan Baril, CEO and owner of Baril Corporation. “For decades, we have been successfully driving growth in the healthcare industry with process expertise in flexible materials and adhesives. Now, by combining with TEAM, we offer our customers the benefit of even greater possibilities through expanded product capabilities and solutions.”

The addition of Baril Corporation enhances TEAM Technologies’ strategy of expanding its medical device capabilities and resources to meet customer needs. Offering the benefits of a variety of services ranging from product design and development to finished device manufacturing, assembly and packaging, TEAM Technologies is suited to meet the needs of companies and industries seeking innovative and efficient commercialization and product development solutions. With facilities located within the United States, the company is well positioned to provide the benefits of working with North American resources which can improve quality control and reduce product lead times.

About TEAM Technologies
Headquartered in Morristown, TN, with 13 facilities throughout the United States, TEAM Technologies is a leading specialty manufacturer providing solutions to support companies in the global healthcare products industry. Its ‘ONE TEAM, MANY TECHNOLOGIES’ philosophy uniquely positions TEAM Technologies to be your ONE PARTNER with many solutions and capabilities including innovative product development, expert design and efficient manufacturing processes to support both medical and dental end markets. TEAM also boasts an extensive lineup of products designed to service these end markets which include medical supplies, pharmaceutical packaging and supplies, infection prevention, veterinary health, oral healthcare and consumer health. With an entrepreneurial mindset and a management team with deep industry experience, TEAM Technologies has experienced tremendous growth over the last 30 years by leveraging seamless, turnkey processes and innovation to positively impact the success of TEAM’s customers. For more information, visit www.teamtech.com.

About Baril Corporation

Headquartered in Haverhill, MA, Baril Corporation is the premier end-to-end contract manufacturer of disposable single-use medical products in infection protection, wound care, clinical chemistry, patient monitoring, and medical and surgical disposables. In addition to being QSR-GMP compliant, Baril Corporation is ISO 13485, ISO 9001, and ISO 14644 Class 7 Clean Room certified, Baril is MDSAP-certified (Medical Device Single Audit Program). and holds itself to a higher quality standard. With a U.S.-based supply chain, rapid prototyping capabilities, deep engineering expertise, and available capacity, Baril can pivot quickly to meet market demand. For more information, visit www.barilcorp.com.

TEAM Technologies Adds Steve Lents, Medical Device Industry Veteran, as Chief Revenue Officer

TEAM Technologies recently announced the appointment of Steve Lents to the position of Chief Revenue Officer.  Lents is a medical device manufacturing industry veteran, most recently serving as Americas Vice President of Sales at Freudenberg Medical, and brings over 20 years of industry experience to TEAM Technologies.

“We are thrilled that Steve has joined the TEAM Technologies leadership team.  His deep expertise in both sales and engineering adds a strategic, full-funnel perspective to our sales efforts in the healthcare arena,” said Marshall White, President and CEO of TEAM Technologies.

After receiving a BS in Mechanical Engineering from Purdue University, Lents began his career as a sales engineer before transitioning into technical sales as Regional Sales Manager and eventually Americas Vice President of Sales at Freudenberg Medical.  Lents will be responsible for leading the company’s end-to-end revenue chain, including business development, marketing, sales and customer support.

“It is a privilege to join a world class company like TEAM Technologies and to help build on its track record of growth as a leader and innovator in healthcare manufacturing,” stated Lents. “I look forward to complementing the deep expertise and capabilities that are already such an important part of TEAM Technologies’ DNA as we work together toward our goals of achieving an exceptional, end-to-end customer experience,” he added.

Offering the benefits of a variety of services ranging from product design and development to finished device manufacturing, assembly and packaging, TEAM Technologies is well suited to meeting the needs of medical and dental product companies seeking innovative and efficient commercialization and product development solutions. With facilities located within the United States, the company is well positioned to provide access to domestic and near-shore manufacturing and supply chain requirements.

“We are pleased to welcome Steve as he truly embodies our ‘ONE TEAM, MANY TECHNOLOGIES’ philosophy centered on our mission of leveraging our many technologies and capabilities in order to position our customers to succeed,” added White.

About TEAM Technologies
Headquartered in Morristown, TN with 12 facilities throughout the United States, TEAM Technologies is a leading solutions provider supporting the foremost companies in the healthcare products industry globally with unique capabilities to support both medical and dental end markets as a critical partner in the innovation, design, and manufacturing process, from ideation through implementation. With its ‘ONE TEAM, MANY TECHNOLOGIES’ philosophy, TEAM boasts an extensive lineup of manufacturing processes and products designed to service these end markets. With an entrepreneurial mindset and a management team with deep industry experience, TEAM Technologies has experienced tremendous growth over the last 30 years by leveraging seamless, turnkey processes and innovation to positively impact the success of TEAM’s customers.  For more information, visit www.teamtech.com.

TEAM Technologies Launches New Corporate Website

TEAM Technologies (www.teamtech.com) Morristown, TN – TEAM Technologies recently launched a new corporate website consolidating the benefits of the capabilities and services the company provides as well as its unique product lines and portfolio of brands. “The new website better reflects our focus of TEAM Technologies in the healthcare industry with points of emphasis in the medical and dental arenas, where we have unique capabilities to help our customers grow,” stated Marshall White, President and CEO of TEAM Technologies.

Offering the benefits of a variety of services ranging from product design and development to finished device manufacturing, assembly and packaging, TEAM Technologies is suited to meet the needs of companies and industries seeking innovative and efficient commercialization and product development solutions. With facilities located within the United States, the company is well positioned to provide access to domestic or near-shore manufacturing and supply chain requirements.

The new website features these capabilities and highlights the TEAM Medical and TEAM Dental divisions that represent both new and established solutions for customers ranging from community healthcare facilities to pharmaceutical entities to oral care providers. “We are pleased to showcase not only our capabilities and expertise within this new website, but also communicate our “ONE TEAM, MANY TECHNOLOGIES” philosophy centered on our mission of leveraging our many technologies for the benefit of our customers,” added White.

About TEAM Technologies

TEAM Technologies offer solutions for the Healthcare industry with unique capabilities to support both medical and dental end markets. With over 30 years of experience and investments in innovative technology, TEAM Technologies’ clients and partners benefit by leveraging seamless, turnkey processes and expertise to positively impact the success of their businesses.

For more information, visit www.teamtech.com.

ONE TEAM. One Goal. Together.

ONE TEAM. One Goal. Together.

At this critical time of the COVID-19 epidemic, we want to pause and thank the men and women who are tirelessly providing vital healthcare services to those in need, often putting their own personal safety on the line. We also want to recognize the heroic efforts of those supporting this work in the transportation, logistics and manufacturing industries who are working diligently to ensure a steady supply of medical/healthcare products, food, beverage and necessary household items that we all need to get through this critical time.

I am especially proud of our team members within TEAM Technologies who continue to support these essential areas. We are grateful for your dedication and commitment to the health and safety of our communities. Through your hard work and selfless determination, we will all get through this together.

–Marshall White, President & Chief Executive Officer

TEAM Technologies COVID-19 Public Communication

Customers, Colleagues and Friends:

Around the country, we are seeing “Shelter at Home” and “Safer at Home” orders from state and local authorities directing that residents stay at home during the Covid-19 virus outbreak, unless you work for a business that is considered essential to support the community or is part of the Unites States’ critical infrastructure. Certain of these orders have been issued in locations where we have operating facilities. Our diverse business provides many essential products and supports other businesses in their provision of essential products and services. As such, TEAM Technologies operations will remain open while we practice elevated safety measures for all team members, which we detail below.

Many of TEAM’s customers fall into the categories listed in the orders that are being implemented across the country as companies that manufacture, distribute and/or provide supplies for medical devices, diagnostics, equipment, services, pharmaceutical supplies, other healthcare related supplies, as well as food supplies. As of today, we will remain open to assist these companies in keeping their supply chain intact as many of them help in the fight against this pandemic.

Protecting our TEAM Members

At TEAM Technologies, we want to do our part to flatten the curve and keep our employees and their families safe. We have taken a number of actions directed at this objective, including social distancing, awareness communications, personal hand hygiene communications, “stay at home with symptoms” guidelines, and staggered shifts, lunches and breaks to reduce the number of team members in proximity to each other. We have also increased the cleaning of workstations and the facilities at large and made sanitation and sterilization products available within our facilities. Until further notice we are prohibiting visitors to our facilities with the exception of parcel pickup and delivery and have halted all domestic and international travel for our team members. We have implemented work from home everywhere possible to further reduce the risk to our team members.

Moving Forward

Thank you for putting your trust in TEAM Technologies. It has been our pleasure to provide you solutions in the dental and medical fields over the last 32 years. We appreciate your patience as we navigate through this unprecedented pandemic and wish you all good health.

Frequently Asked Questions

How is TEAM Technologies impacted by the COVID-19 Coronavirus outbreak?

TEAM Technologies is monitoring the situation closely and moving quickly to take action to minimize potential risk to TEAM employees, business and customers. We continually review, update and share best practices with other organizations to assure that we keep getting better and safer, TOGETHER, through this trial.

How is TEAM Technologies protecting its workforce from exposure to COVID-19?

Our team members are our most valuable asset, so we have established many stringent and thorough safety protocols. These include social distancing, awareness communications, personal hand hygiene communications, “stay at home with symptoms” guidelines, and staggered shifts, lunches and breaks to reduce the number of workers in proximity to each other. We have increased the cleaning of workstations and the facilities at large and made sanitation and sterilization products available within our facilities. Until further notice we have prohibited visitors to our facilities with the exception of parcel pickup and delivery and have halted all domestic and international travel for our employees. We have implemented work from home everywhere possible to further reduce the risk to our team members.

How does the Coronavirus outbreak in China/Asia impact the TEAM Technologies supply chain?

Since Made in America is a core principle of TEAM Technologies, we have minimal international supply chain exposure. We prioritize the purchase of raw materials, parts and products from other US manufacturers. Presently, our supply chain is robust and we expect minimal disruption for our customer partners.

Are there any near-term impacts to TEAM Technologies production and delivery schedules?

To date, the novel coronavirus outbreak has had minimal impact on our ability to manufacture and ship product. We have multiple domestic manufacturing locations that give us a strong base to produce our products and deliver as scheduled. This is a fluid situation and we will provide regular updates as appropriate.

Chicago Dental Society Midwinter Meeting

We enjoyed greeting visitors at our booth at the Chicago Dental Society Midwinter Meeting. We appreciated the opportunity to showcase our manufacturing capabilities and services for the dental care industry. If you missed us at booth 4221 please reach out and learn more about how we can help your business.

TEAM Technologies at MD&M West

We’d like to thank all those who stopped by our booth at the MD&M West show in Anaheim this week. We appreciated the opportunity to share the manufacturing capabilities, products and services we offer to the medical industry. Please reach out or explore our website to learn more.