greenlight.guru Targets Growth in Asia

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A new agreement will help an Indianapolis-based software company expand its global reach. greenlight.guru, which develops electronic quality management systems for the medical device industry, is partnering with Yeng & Leong MedTech Consultancy to introduce the Hoosier company’s platform throughout markets in Asia.

greenlight.guru says the medical device market in Asia is valued at more than $55 billion annually.

Chief Executive Officer and co-founder David DeRam says "the regulatory landscape is changing and global regulatory bodies are becoming more risk-centric. Companies are adopting new technologies to navigate these hurdles. Working with strategic partners like Yeng & Leong MedTech Consultancy in Asia allows us to reach out to more MedTech companies in this part of the world."

Yeng & Leong MedTech Consultancy provides regulatory, clinical and manufacturing support to its global partners.

Earlier this year, greenlight.guru received a nearly $1.3 million round of funding to boost development of its cloud-based technology. The company says its team tripled in size in 2014. Centric, a central Indiana think tank, named greenlight.guru one of its 2015 Innovation Award winners.