Does one or more of the following statements describe you?
"I have a medical device idea, and I want to take an active and educated role in the
commercialization of it,
...but I won't have time to
- become an expert in regulatory approval,
- understand all the details of insurance and reimbursement,
- earn a business degree or
- become an intellectual property lawyer."
"I want to learn the critical information required to be active and educated in the
commercialization of my medical idea
...but I don't have the time or the patience to
- sit in hours of classroom instruction,
- read entire books on the subject or
- fumble around going in the wrong direction."
"I don't need a formal "degree" in entrepreneurship, I just want to enhance what I already know in medicine, engineering or business with the practical "nuts and bolts" of the medical device commercialization process."
"What I already do takes most of my time (e.g., full-time student, practicing clinician), so
I need a way to
- while I am studying or working full-time
- at times that are convenient for my professional and personal schedule
- in small pockets of time."
"Even if I decide that entrepreneurship isn't for me, I hear that there are things I can do early in the innovation process that increase the chances of my idea actually impacting people's health. At a minimum, I want to understand those things!"
"I want to educate myself on the basics and know when to call in the expert."
If the above comments resonate with you, you should consider using one or more assets available through the MIC's Medical Entrepreneur Program to educate yourself:
- Short (20 minute) video education modules that you can access over the internet
- Interactive discussions of these education modules that you can participate in over the internet from your home or office (sessions launching in January 2010)
- Concise "how to" documents on the basics of medical device commercialization
- Published list of resources involved in the Medical Device Ecosystem
After you have done a bit of self-education, you might also consider our Concept to Commercialization Program.
This program provides hands-on guidance and mentorship to medical innovators who don't necessarily want to be part of a start up company but who do want to improve the chances that their medical idea will actually be ADOPTED and impact human health.
For access to the assets of the Medical Entrepreneur Program, contact us at UMMIC@med.umich.edu or (734) 763-0685.
If you are a first-time inventor at the University of Michigan, we recommend that you consult the Office of Technology Transfer (OTT) to understand the guidelines and options. http://www.techtransfer.umich.edu/resources/inventors/index.php