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BioUtah Congratulates Merit Medical Founder and CEO as Giant in our City Award Winner

SALT LAKE CITY–(BUSINESS WIRE)–BioUtah and Utah’s life sciences industry is proud to congratulate one
of its own—Fred Lampropoulos, founder and CEO of Merit Medical—who will
receive the Salt Lake Chamber’s 40th Giant in our City award
today, during an evening ceremony at the Grand America Hotel. The award
honors those with exceptional and distinguished service and
extraordinary professional achievement.

“Fred’s leadership, spirit and dedication to innovation, patient care,
and giving back to our communities have made Merit Medical a remarkable
Utah success story,” said Kelvyn Cullimore, president and CEO of
BioUtah. “He is most deserving of this prestigious award.”

“Fred is a titan in Utah’s life sciences industry,” said Rob
Etherington, CEO of Clene Nanomedicine, and chair of the BioUtah Board
of Directors. “He has built a homegrown med tech powerhouse that is
making a difference in people’s lives, creating jobs and putting Utah on
the map as a hub for the life sciences.”

Founded in 1987, Merit Medical set out to build the world’s most
customer-focused healthcare company. Its first product was the
polycarbonate coronary syringe, which was designed to replace the glass
and polypropylene models of the day. Now, 30 years later, Merit Medical
is a leading manufacturer and marketer of disposable medical devices
used in diagnostic, interventional and therapeutic procedures, holding
over 800 patents and pending applications.

With manufacturing facilities in the United States, The Netherlands,
France, Ireland, Mexico, Brazil, Singapore and Australia, Merit Medical
has close to 6,000 employees and generates nearly $1 billion in global
revenues. The company prides itself on maintaining an entrepreneurial
mindset to continue to develop cutting-edge products. Merit Medical is
also an industry partner of the Medical Innovations Pathways program,
which helps prepare high school students for careers in the life
sciences.

Over the years, Lampropoulos has received numerous awards, including the
Governor’s Medal for Science and Technology. He has also been inducted
into the Utah Business Hall of Fame, the Utah Technology Hall of Fame,
and the University of Utah College of Science Hall of Fame.

About BioUtah – www.bioutah.org

BioUtah is an independent 501(c)(6) trade association serving Utah’s
life sciences industry. Its members are diverse, with strengths in
medical device manufacturing and services, biotechnology,
pharmaceuticals, diagnostics and healthcare IT, and are a key driver of
Utah’s economy. Together, we create an ecosystem that fosters
collaboration, promotes innovation, and advances healthcare. BioUtah is
committed to growing Utah into a global leader in the life sciences.

Contacts

Denise Bell
denise@bioutah.org
202-680-3030

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