Medsource Labs got its start in 2002 with a simple vision: quality medical products don’t have to be expensive. Founder Todd Fagley established what was then MedSource International LLC with a just handful of products and customers, but with big ideas for where the business could go.
From the start, the company was highly resourceful, building relationships with overseas partners and rapidly winning new customers. New products and increasing sales led to the relocation to its current, larger facility in Chaska, MN, and the acquisition of Indiana-based Biomedix-Wai.
Rebranded as MedSource Labs in 2018, the company has now embarked on its latest chapter expanding its unique EMERGE process to partner with companies and transform their ideas for medical devices into market-ready products – rapidly and efficiently.
MedSource Labs has come a long way since it was founded nearly 20 years ago, but the vision of quality, value and customer service continue as its North Star.
Our Purpose & Values
In the medical product industry, MedSource Labs stands out for its commitment to quality, innovation and customer value. Since we opened our doors in 2002, MedSource Labs has been committed to improving patient outcomes, providing our customers with high-quality products at cost-effective prices. We are strong believers in innovation, seeking to help our partners turn their ideas into market-ready products. And we treat our customers as true partners, striving each day to improve the quality of our service.
MedSource Labs is dedicated to lowering the cost of health care by producing innovative, high quality, cost-effective products.
Our employees, customers, partners, and community are critical to MedSource Labs’ success and vitality. We pride ourselves on providing a safe workplace and supportive culture to our employees. We are committed to engaging with our customers and partners with integrity and respect. We strive to give back to our community with initiatives and volunteer activities that contribute to better health and a stronger environment close to home and globally.
“MedSource applies a uniformly exceptional quality of effort and focus across an astonishingly diverse range of activities (e.g. product design, vendor development, manufacturing process, regulatory affairs, user interface/training and more). Medical Devices are associated with very high expectations from users and regulators, and meeting such expectations in any one area is hard enough. We truly admire MedSource for being able to do so across the value chain.”
“MedSource is a great company with strong people and processes, which makes them an excellent strategic partner. Their service, quality, and speed to market have enabled us to accelerate our initiatives. They are consummate professionals with a “can do” attitude and are fun to work with. Thank you, MedSource!”
Our Executive Team
MedSource Lab’s executive team is committed to advancing the organization through thoughtful, experienced leadership. They are a team of people who bring together the best of compassion and experience to their work to best serve the needs of all our clients.