Innovation

April 12, 2018
Internal Drug Delivery Device

De-Risking the Development of Drug/Device Combination Products

Navigating the Critical Path with Combination Products A market research study, published earlier this week by Market.Biz, illustrates the promise of what is perhaps the most dynamic technology segment emerging in healthcare; combination products. The research pegged the value of the combination products market at $64.7 billion in 2017, and projects a CAGR (current annual growth rate) of 13.8% through 2023, escalating the market value to a staggering $94.5 billion by that time. One of […]
March 29, 2018

Strategic Risk Management in Medical Device Development and Innovation

Employing Clinical Pathway Impact Analysis™ to drive efficacy at launch. While large medical device corporations have long looked to startups for new technologies and devices, there are additional, innovative benefits woven into the fabric of these nimble firms. Startups that survive long enough to deliver commercial assets must first survive a form of natural selection. A similar process can benefit any new device development project. At each stage of organizational progression, from seed funding to […]
March 13, 2018
REV.1 Engineering catheter device development.

Convergence, Innovation and the Future of Interventional Cardiology

Having spent the past two days walking the exhibit hall at this year’s American College of Cardiology Conference, I got to thinking about convergence, innovation and the direction of new product development in this segment. There’s a precedent of success for new product development that emerges from converging existing technologies, accompanied by key design improvements, that are then applied in innovative ways. The smartphone is a great example. Touchscreens, cellular technology, operating systems, digital cameras […]
February 28, 2018
Innovation at REV.1 Engineering

A Culture of Innovation

In our last blog, we spoke about the source of innovation – human creativity. If human creativity is the seed of innovation, organizational culture is the soil in which it must germinate and grow. While this may sound a bit lyrical coming from an engineering and medical products development firm, it’s actually grounded in scientific research. Research exploring the relationship between employee engagement and financial performance driven by innovation and new product commercialization. For well […]