May 30, 2017

REV.1 Engineering: The Flexible R&D Team You Need

If you are intrigued by the concept of running your start-up company as a “virtual entity” with low fixed costs and low capital expenditure, you need a medical device development firm that shares your vision. Or perhaps you are a VP of R&D at an established company in need of extra help with device development, or maybe you have a project that’s been on the back burner for far too long. You need an outsource […]
May 26, 2017
Medical Device Development

Medical Device R&D: The New Outsourcing Paradigm

The flow of money from large venture capital firms into the medical device space slowed in 2008 and has never rebounded. Large medical device companies have always relied on start-ups to fuel their product and therapy pipelines with new innovations, yet they are now left scrambling to find developed products. Large venture capitalists now want to invest after many of the business, technical and clinical risks have been reduced. Often, this is when your company […]
May 23, 2017
REV.1 Engineering

Contract Manufacturing: 4 Reasons to Just Say “No”

Many start-up CEOs are seduced by the low cost development offered by some contract manufacturers. But as they say, you get what you pay for. First off, you will be required to legally commit your start-up to a high volume, long-term agreement for medical device manufacturing in exchange for lower up-front engineering costs. (Click here to read more about product ownership and contract manufacturing.) Second, similar to fixed-rate bidding, you immediately enter into an adversarial […]
May 17, 2017

7 Realities of Building an In-House Medical Device Development Team

In-house medical device development requires dedicated, highly skilled and experienced talent; acquisition of necessary equipment and facilities to build to feasibility and beyond; and sourcing and management of reliable partners for specialty materials, preclinical trials, and the regulatory process. As you are calculating the time it will take to bring your new team together, keep these realities in mind: What will it take to convince your first-pick hire to leave a job they already have? […]