Schmidt Group Updates | October 2024

Recent Happenings in MedTech

• When Medical Device Companies Withdraw Support from Patients
• Former CEO charged in ongoing federal probe of Chicago hospital
• Thousands of medical devices and systems pose IoT security risk
• Avante and affiliates file for bankruptcy, will be sold to PE firm
• Most recalled cardiovascular devices gained FDA approval with little to no clinical evidence

If you are an entrepreneur or start-up with a new innovative technology that is in the early stages of planning your commercial strategy, Sanford Rose is here to promote your technology, create awareness and support your growth.

Independent sales representatives, or 1099 distributors, have been utilized in the medical device industry for decades. They are an important component of the healthcare system and should be considered in start-up and mid-cap company’s sales planning.

Bread pudding goes back centuries, evolving throughout history because it’s such a delicious way to “upcycle” stale bread. Although this dish didn’t originate in New Orleans, it’s a dish the city has made its own. Most established restaurants in the city serve their own take on the dessert, but most all have a boozy sauce to top it off. It’s a delicious, low effort dessert that’s perfect for the upcoming holiday season.

The great thing about bread pudding is that it’s a dynamic dessert, adding ingredients or substituting the type of bread can make a huge difference. Locals don’t typically add fruit to the bread pudding itself, but you could try adding coconut, raisins, or bananas. If you have an exceptionally sweet tooth, you can even substitute the French bread for donuts.

Ingredients for the Whiskey Sauce

• 1⁄2 cup unsalted butter
• 1 1⁄2 cups powdered sugar
• 2 egg yolks
• 1⁄2 cup Bourbon

For the Bread Pudding:

Butter a 9 by 13-inch baking pan. Set oven rack in lower third of oven and preheat oven to 350 degrees.

Combine all ingredients. Mixture should be very moist but not soupy. Pour into the buttered dish and bake for 1 hour and 15 minutes until the top is golden brown. Serve warm with Whiskey Sauce.

For the Whiskey Sauce:

Using a handheld mixer, cream butter and sugar in a saucepan over medium heat, beating until all butter is absorbed. Remove from heat and blend in yolks. Pour in bourbon gradually, stirring constantly. The sauce will thicken as it cools. Serve warm on warm bread pudding.

We build executive teams.

Experts in medical device specializing in your key leadership positions

1099/Independents

R&D

Sales & Marketing

Regulatory/Quality

Engineering/Manufacturing

Neal Hightower, Owner and Managing Partner

[email protected]
(985) 789-0490

Neal specializes in C-level and International Leadership executive search.

www.sanfordrose.com/schmidtgroup

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