The theme of the Thrive Conference this past week in Virginia Beach was branding Virginia as the “Bioscience State”. There’s several initiatives to boost economic development in the state like grants, complimentary working space, and innovation challenges. Is that enough to achieve the goal of becoming the Biosciences State”? Listen to the 360 view of service provider, startup, investor, grant assistance, and economic development to see how Virginia is uniting to achieve this goal together.
Want to know if your medical invention idea is a good one? (I’ve got a quiz for this…keep reading to take it)
When you’re first thinking of something to invent, a big question that comes up is “how do I know if my medical invention idea is a good one” I know several of you stumbled on a solution to a problem while others desperately needed a solution to a problem so you created one, and there are other scenarios. No matter what lead to your idea, it’s important to know the impact that it will have on the world not only how it will benefit or save so many lives but the economic impact of it too like how will it save hospital systems, insurance companies, and patients money, how large is the problem you’re solving and what’s the amount of money that you could make?
Your questions answered: Selecting Medical Device Manufacturers
I’m doing something different this episode. I’ve put together some of my most asked questions since all of you listening might have them, and am answering them here. Got other questions about this topic or others? Let me know. You can send them to firstname.lastname@example.org
I get lots of questions on selecting medical device manufacturers. As startups are developing products, they need to select a manufacturer early on so they can work within their parameters so it’s really important to start scoping them out early on.
I’m looking for a manufacturer and have a great idea, can you help me?
Maybe you or your family member are facing a medical problem and you think of a solution. Maybe your research is promising and you want to bring it to the world. You imagine that you’ve developed your idea into a product and people all over the world are using it. They’re so thankful that you decided to do something with this idea.
You really can’t believe that the idea you have for a product doesn’t exist. It’s solving a real problem and it’s certainly made a difference in your life so why wouldn’t it make a difference in others lives? You move forward working on your idea and you become addicted to it in a way. All of your free time is spent on tweaking it or changing it so it works. Read more »
Celebrate our 50th podcast episode with us by getting a FREE training if you’re a startup, entrepreneur or inventor click here. If you work with startups and provide services to them, we’ve got something for you too email us at email@example.com. I did something special by doing this podcast via live video and plan on doing more of that. To make sure you catch the next one live, follow us on facebook here.
Startup Funding landscape for MedTech and Biotech in 2017
Hey guys Hau’oli Makahiki Hou if you don’t know what that means its Happy New Year in Hawaiian and if you don’t know what IMUA means that’s a Hawaiian word that means to advance forward with passion despite rough waves so I help guide you get through rough waves of medical device Medtech and Biotech product development. You’re right where you need to be IMUA on TV is a resource for moving new medical invention to market. Read more »
Aloha, ad welcome back to Imua on TV where you find tips, guidance and stories to help you move your medical invention to market. So today, I wanna motivate you a little bit. I know several of you have great ideas that can really change the face of health care, that could really bring the medical industry up to speed on technology and they could really save lots of lives worldwide. I know you’re probably thinking, ‘Ugh I have a job and that would take time and energy and cost a lot of money to develop my idea toge tit on product nd on the market’. Read more »
Aloha and welcome to another Imua on TV episode. If this is your first time watching, this is a great resource for you if you’re developing a medical product or if you just have an idea for one and you haven’t started. You can also check out our website, it’s imua-services.com, that’s I-M-U-A services.com. There we have more resources for you, we have a podcast, you can find all the episodes of Imua on TV and I will see you over there. So let’s dive in to our video today. So you may remember from your upper level business classes or your MBA, those Porter’s five forces. So if you haven’t had that then I’ll just tell you what that is and if you had just think of it as a reminder. This is a framework designed by Michael Porter and he is a Harvard Business School Professor. His methods are use in practically ever under graduate and MBA program. So why are they important? Will they utilize all of the different forces around your product that can pull it in different ways? Today we’re gonna be using an example of medical device and looking how this apply. So ideally what I want you to do is look at these on how they apply to your idea, your product, and development or if you already have a product on the market, this is really good. Just dive into and look at occasionally. So for our example today, we’re gonna use a shoulder implant to show you how this applies in medical devices. Read more »