Plans for a startup medical recycling company in Rome were revealed at the Greater Rome Chamber of Commerce on Wednesday morning.
RecoverMD is located at 100 Callahan St. in North Rome.
The company is focused on the recycling of single-use medical devices, which are frequently thrown away after use. Kurt Tarter, the company’s president and CEO, told a crowd at the Chamber that the entrepreneurial-friendly business environment helped attract him to Rome.
Tarter credited the Chamber with helping bring together the right investor and revenue relationships to make RecoverMD a reality. The company, a pre-revenue startup, with one employee aside from Tarter, will take devices that hospitals would otherwise discard and refurbish them for future use.
“The Food and Drug Administration has determined these devices — cardiovascular, laparoscopic and orthopedic — can be disassembled, cleaned up and put back together and re-used at a great savings,” he said.
In addition to reusing devices, the company helps eliminate the need for disposal of medical waste.
Tarter believes he can grow it into a multimillion dollar business with “dozens and dozens of employees.”
He said the major players in the industry now are Johnson & Johnson and Stryker Sustainability Solutions. Initially, RecoverMD will be focused on the recovery side of the industry, outsourcing the items that are collected from area hospitals to be disassembled, cleaned, sterilized and reassembled.
Tarter said he had been working behind the scenes for at least 18 months before formally launching the new company Wednesday.
“Your coming here is a timely Christmas present for us,” said Rome Mayor Jamie Doss.