Company History

ConMed was founded by Eugene R. Corasanti and a group of investors in 1970 as part of a medical distributorship. By 1973, Mr. Corasanti concluded that manufacturing medical products would provide an exciting dimension to the business. He started a research project that led to the development of a disposable ECG electrode used for monitoring the electrical activity of the heart.

Sales of this new product steadily grew to the point that the business was able to support increasing numbers of employees and larger manufacturing facilities. New products were added in the late 1970s and early 1980s, which were compatible with the manufacturing expertise of the company. These products included electrosurgical pencils, dispersive electrodes, physical therapy electrical stimulation pads, and other accessories.

By the mid 1980s, product sales had grown to approximately $15,000,000 with customers throughout the United States, Europe, Latin America, Canada, Japan, and the Far East. To enable continued expansion, ConMed entered the public financial markets by offering shares of its stock for sales on the NASDAQ stock market in 1987. The funds received from this initial public offering and other stock offerings were used, in part, to finance acquisitions of compatible companies and product lines.

Today, ConMed is one of the nation’s top suppliers of medical products to the hospitals and medical practitioners around the world. ConMed has over 3,100 employees, several manufacturing plants, and thousands of customers. The company continues to seek growth through the continued expansion of current products, the development of new products, and the acquisitions of related product lines and companies.