Irvine, CA – Medical Technical Products (MTP), a world leader in phacoemulsification technology for the surgical removal of cataracts, has reached its silver anniversary. MTP is committed to the development of affordable phacos, with a focus on surgeons eager to serve cataract patients in emerging countries. MTP has sold its phacos in many countries and has expanded its business in recent years, rising to a top-3 position in China in installed phacos and developing significant distribution in South America.
This quarter, MTP is embarking on an unprecedented push in sales and marketing, targeting new markets. MTP is proudly exhibiting in booth 139 of the 2009 AAO•PAAO joint meeting in San Francisco. MTP’s sales/marketing manager, Josh Rothman, is excited at plans to announce MTP’s newest, most advanced, phaco to date and will be recruiting new distributors to market this exciting new solution.
“For 25 years, MTP has been one of the best kept secrets in the medical products industry”, says founder and general manager, Jim Bakos. “While continuing to supply MTP’s unique technology to competing phaco manufacturers, MTP is ready to stake our rightful claim in the international market. Our customers’ overwhelming acceptance of our state-of-the-
The privately-held company has consistently maintained profitability throughout the recent worldwide economic crisis, largely by focusing on what has made MTP successful. Bakos attributes that success to MTP’s consistent company vision. “MTP has always developed our products using the very latest technology, refusing flashy design choices that can drive up costs and sometimes complicate use. This philosophy has allowed us to maintain low prices, suitable for countries and economies where surgeons and patients are unable to afford glamorous options.” In contrast to the overly-complex designs offered by the competition, MTP’s designs emphasize simplicity and MTP has found that users appreciate the resulting ease of use. MTP’s products minimize the total cataract extraction cost, critical in countries without elaborate western-style insurance and health care programs.
