October 11, 2016
Due Diligence for Acquisition or Angel Investing

Due Diligence: Funding & Acquisition of Your Medical Device Company

You have developed a spectacular product. You have a good idea of the value of your company. You’ve worked hard to attract four potential buyers. And now the day has come. Your first day of due diligence. Meeting with your first potential buyer (the deal you really want!). Are you ready? How will you answer the technical questions that come up? Specifics about engineering, product development history, pre-clinical testing methodology choices, and materials sourcing? Who […]
September 22, 2016

The 3 R’s: Research, Regulation, Reimbursement

In our last blog, we laid out 5 pre-funding essentials for early start-ups. Today we want to delve further into three critical topics. Each has special significance not just at the pre-funding stage, but throughout the development cycle. 1) Research – Good research is the foundation of your medical device, but you don’t just need top-notch technical research. You need to thoroughly understand the market your product is designed to reach. Even if your initial […]
September 8, 2016

5 Pre-Funding Essentials for Early Medical Device Start-Ups

When you are geeked about your medical device idea, it can be challenging to focus on the less-exciting parts of your start-up plan. Most start-up clients we work with initially think they just need a prototype, and they’re of course anxious to see their product come to life. But if you really want your medical device to take off, you must take into account the five essential elements of a successful business plan. These are […]
August 23, 2016
REV.1 finds solutions

Stories of Medical Device Success: The Opportunity in Failure

“Don’t bury your failures, let them inspire you.” – Robert Kityosaki As we all know, medical device development is not always a smooth process. In fact, we like to say that there are no bumps in the road… it’s just the road. Everything doesn’t always go as expected, but it’s how you handle design failures that separates the good development teams from the great ones. When faced with a failure, how do you turn it […]