STOCK TITAN

Richardson Healthcare Receives MDSAP Certification and Expands CT Tube Business into Canada

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Richardson Electronics has announced the availability of its ALTA750® CT Tube in Canada after receiving MDSAP certification and a Canadian Device License. This certification streamlines regulatory audits for medical device manufacturers, ensuring compliance with multiple jurisdictions. The company demonstrated its commitment to quality through rigorous audits of its processes. This achievement allows Richardson to cater to the Canadian healthcare market, affirming its 75-year legacy of quality in medical products.

Positive
  • Received MDSAP certification and Canadian Device License for ALTA750® CT Tube.
  • Reinforces commitment to quality and compliance in healthcare.
  • Ability to serve Canadian customers enhances market presence.
Negative
  • None.

ALTA750® CT Tube Now Available for Sale in Canada

LAFOX, Ill., July 11, 2022 (GLOBE NEWSWIRE) -- Richardson Healthcare, a Division of Richardson Electronics, Ltd. (NASDAQ: RELL), announces the company received its MDSAP certification and Canadian Device License allowing its flagship ALTA750® CT Tube to be sold in Canada.

MDSAP, the Medical Device Single Audit Program, is a program that provides a single regulatory audit of a medical device manufacturer's quality management system but satisfies the requirements of multiple regulatory jurisdictions. After receiving MDSAP, companies must then seek specific country approval. Richardson Electronics received its Canadian Device License by demonstrating the ability to provide medical devices and related services that consistently meet customer and regulatory requirements.

"For 75 years, quality has been at the core of our business strategy. Achieving the MDSAP certification and expanding into Canada reaffirms our commitment to the healthcare industry and producing the highest quality products," said Edward J. Richardson, Chairman, Chief Executive Officer, and President.

As part of the MDSAP certification process, Richardson participated in a thorough audit of its quality system processes and product quality requirements. The company follows these standards throughout all departments, including customer service, design, manufacturing, assembly, and distribution.

With this certification and the Canadian Device License, our Canadian customers can be confident that Richardson Healthcare is dedicated to maintaining the highest level of quality, efficiency, and responsiveness required by their healthcare community.

To learn more about CT tube manufacturing capabilities and to meet with our team, please stop by booth #305 at the AHRA Annual Meeting in Phoenix, AZ, July 10-13, 2022.

About Richardson Healthcare – A Division of Richardson Electronics

Richardson Electronics – Healthcare provides high-value diagnostic imaging replacement parts, tubes, equipment, and technical support to hospitals, diagnostic imaging centers, medical institutions, independent service organizations and more. We have a focused product selection of diagnostic imaging components and systems, as well as robust in-house CT tube and related replacement parts manufacturing capabilities. In addition, we provide CT Service training, complete post-sale service and support, including installation support, maintenance, troubleshooting, calibration and conformance. For more information, visit us at www.rellhealthcare.com.

About Richardson Electronics, Ltd.
Richardson Electronics, Ltd. is a leading global manufacturer of engineered solutions, power grid and microwave tubes, and related consumables; power conversion and RF and microwave components; high-value replacement parts, tubes, and service training for diagnostic imaging equipment; and customized display solutions. More than 60% of our products are manufactured in LaFox, Illinois, Marlborough, Massachusetts, or Donaueschingen, Germany, or by one of our manufacturing partners throughout the world. All our partners manufacture to our strict specifications and per our supplier code of conduct. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.
Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

Forward-Looking Statements

This release includes certain “forward-looking” statements as defined by the Securities and Exchange Commission. Statements regarding the Company’s business that are not historical facts represent “forward-looking” statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Item 1A, “Risk Factors” in the Company’s Annual Report on Form 10-K. The Company assumes no responsibility to update the “forward-looking” statements in this overview as a result of new information, future events, or otherwise.

For details, contact:
Karina Macholz
Global Marketing Communications Manager
Phone: 630.208.2618
Email: karinam@rell.com

FAQ

What recent certification did Richardson Electronics receive for its ALTA750 CT Tube?

Richardson Electronics received MDSAP certification and a Canadian Device License for its ALTA750 CT Tube.

When was the ALTA750 CT Tube announced for sale in Canada?

The ALTA750 CT Tube was announced for sale in Canada on July 11, 2022.

What does MDSAP certification signify for Richardson Electronics?

MDSAP certification signifies that Richardson Electronics has met regulatory audit requirements for multiple jurisdictions, ensuring quality management in its processes.

How long has Richardson Electronics been committed to quality in healthcare?

Richardson Electronics has been committed to quality in healthcare for 75 years.

What can Canadian customers expect from Richardson Electronics after the certification?

Canadian customers can expect high-quality products and services that meet regulatory requirements.

Richardson Electronics Ltd

NASDAQ:RELL

RELL Rankings

RELL Latest News

RELL Stock Data

203.41M
12.33M
3.64%
70.51%
2.69%
Electronic Components
Wholesale-electronic Parts & Equipment, Nec
Link
United States of America
LAFOX