Archive for December, 2016
Why Inventors Should Focus on Nano-Tech in the Medical Device Sector
Opportunities exist for smaller entrepreneurs and inventors to partner with larger companies in the development of medical devices that incorporate nanotechnology, said a recent Frost & Sullivan report. Specifically, inventors should focus on high-growth medical device sectors such as wearables, point-of-care diagnostics, advanced wound care, and drug delivery systems, targeting conditions oth... Read More
Does “Leapfrog” Innovation Exist In The Medical Device Sector?
NO, concludes a recent report by Qmed, adding that it’s increasingly defined by incremental improvements from medical device companies hampered by financial constraints as hospitals downsize operations and request device discounts. “In the past, it was commonplace for device makers to charge substantially more money for new products that only had minor improvements over the previous-genera... Read More
A Medical College Dropout Strikes It Big With His Invention
One of my early clients recently sold his medical venture for over $100 million to Meditronic, completing a remarkable journey from college dropout to millionaire entrepreneur. You can read about Alex Gomez and his early device called D-HELP which revolutionized the world of laparoscopic surgery on The Patent Professor blog. When everyone doubted Alex, he held fast and showed a remarkable tenacity... Read More