January 1, 2012

Cover Story

The SAMY Awards

Sales and marketing professionals are often referred to as the lifeblood o...Read More

Featured Articles

A Reality Distortion Field for 2012

Around Utah

Sections

Legal Briefs
Beware the Contract You Never Signed

Special Report
Beyond the Ballot Box

Business Trends
Buy, Sell or Hold

Industry Outlook
Construction

TechKnowledge
Flying High

Focus
Food for Thought

Lessons Learned
From Concept to Production

Special Report
Legislative Roadmap

Features
On the Job

Executive Living
Seeing is Believing

EntrepreneurEdge
The College of Hard Knocks

Money Talk
The Right Financing

Spotlight
Patricia Hall

Spotlight
Peter Stang

Players
Players

Article

From Concept to Production

Utah Company Clears Hurdles to Bring Medical Device to Market

Josh McFadden

January 1, 2012

In addition, Farrar acknowledges the process of obtaining funding for DualCap and developing it into a successful product wasn’t easy; it was hard work that required grueling hours and total dedication.

She says regardless of the business or the product under development, executives and employees alike have to enjoy the work and be willing to put forth the required effort.

“You have to have a good time or you couldn’t work hard,” Farrar says. “We love what we’re doing.”

Farrar also says that companies like hers that are seeking capital for new products would be wise to use angel groups. This method of obtaining capital, she says, could also be effective for starting new businesses themselves. Farrar and her team have a clear vision and an unrelenting desire to realize success. This passion helped carry Catheter Connections through challenging times during the early stages of the product’s development—a time when funding looked bleak.

Page 12
Utah Business Social
UB Events View All
Community Events View All
Used Car Show in - Salt lake City - Clearfield in September
Sep 1, 2014
Visit Us at Our Two Location's We have Show of Old Cars, New Cars, used Cars. You Can Exchange or...
Banking on Women™ Program
Sep 4, 2014
Westminster Seeks Female Entrepreneurs for Free Training Program Revolutionary Banking on Women™...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel