June – Applied Medical is named Rancho Santa Margarita’s largest employer in the city’s 2009 Comprehensive Financial Report.
March – Most companies start with a product or a service. Applied Medical Resources Corp. started with a belief. If computers and telephones could be continuously improved and sold for less, why couldn’t medical products? “Our belief is you can apply effective R&D to improve medical care and make it more affordable,” says Said Hilal, founder and CEO of Applied Medical. “Innovation isn’t the source of high costs. Innovation solves problems.”
February – Said Hilal, CEO of Applied Medical, speaks at the United States Senate Special Committee on Aging to urge lawmakers to push forward with efforts to draft and enact legislation that permanently reforms unethical “quid pro quo” behavior and restores grants and research funds to their proper and constructive role in the process. Hilal notes that enacting legislation and enforcing existing laws will help benefit patients, hospitals and healthcare, and improve clinical outcomes, plus allow continued competitiveness of innovative U.S. manufacturers in world markets.
June – Because of the company’s commitment to development, there is always a new product entering production. In a recent Inc. magazine article, Applied was named one of the top 50 most innovative private companies in the United States, possibly because one out of every $5 of revenue is devoted to R&D.
August – Innovative companies encourage employees to look to the future for ideas. Yet those ideas must produce plans that can go into development today. How do such businesses maintain their head-in-the-clouds-feet-on-the-ground equilibrium? Said Hilal, CEO of Applied Medical Resources, manages by subjecting futuristic visioning to business-school rigor.