Companies unfamiliar with using outsourced R&D for medical device development are often hesitant because they are uncertain about how the process should work. Here’s what to expect when you work with Rev.1 Engineering (and what you should look for with any outsourced solution you investigate).
Rev.1 starts the process by interviewing you to create a detailed project plan. Our consistent, predictable ecosystem has been developed over many years with many medical device development products. This deep experience allows us to estimate cost and time with confidence. You will quickly have a reliable estimate you can share with your Board of Directors.
Within a couple days, Rev.1 delivers a detailed Critical Chain Project Plan and PowerPoint presentation that will simplify slide deck preparation for funding justification. Rev.1’s presentation-ready plans save you hundreds of hours… and because Rev.1 has completed many projects, both fundamental and highly complex, we know exactly what your Board and funding sources look for in a plan.
Rev.1 performs due diligence presentations to large medical device companies on a regular basis, explaining the design and technology behind your product. Many of our clients target acquisition as their end goal and have been acquired for as much as $500M based on product valuation alone.
Rev.1’s typical plan assumes leadership and execution on every stage of product development taking into account: clinical needs, clinical studies, transfer of manufacturing, marketing, sales. Our revolutionary, highly-refined and proprietary program management protocol takes into account every requirement to turn your innovation into a market-ready product.
Rev.1 not only brings speed and expertise to your R&D, we work to make your business run better…and faster. This is essential for boards and venture capital firms to have confidence in your plan and your team…and fund your project. We can get your project moving 2x Faster than it would take with a start-up in-house team. Give us a call at 951.696.3933, connect with us on LinkedIn, or send us an email at info@rev1engineering.com, and let’s explore what we can do together.