Medical Device Development

Innovative Medicine Partners has exceptional experience in taking medical devices from concept to a clinical setting. Our strong medical and scientific expertise, research-driven medical analytics, and market knowledge all play a part in our capabilities.

Patents / Trademarks

For a medical professional on the front lines of innovation, protecting your idea is critical. This is true not only for the medical professional, but also for everyone involved in that idea's development and financing. Infringement on an idea can have dire consequences for all concerned in terms of lost time and money. At Innovative Medicine Partners, we are very serious about the need to protect the integrity of an innovation. Our legal experts can assist with all the phases of protecting your innovation, whether it's filing for patents and trademarks, or the negotiation of suitable royalty structures.

Clinical Trials

Clinical trials are a key component of medical device development. With vast experience in facilitating and managing medical device testing, Innovative Medicine Partners is focused on designing clinical trial protocols that incorporate clinical and market considerations in addition to meeting regulatory requirements. Depending on the device, the scope and expense of required clinical trials can vary significantly. Regardless of the scope of the trial, our expertise ensures that all clinical trials are conducted in the most thorough, efficient and cost-effective manner, providing us with truly accurate data from which to move forward.

Operations

Innovative Medicine Partners provides an operational framework to efficiently manage projects through all phases. We direct clients through the development and testing phase as well as manage financial, legal and marketing aspects. Throughout all phases, we maintain confidentiality and follow our mission to provide the highest quality medical devices to promote better healthcare for all.

Financial

Determining a medical device's value requires significant developmental experience and expertise. Some of the many factors to be considered include the price the market will bear, potential demand for the device, target audience for the device, as well as other factors. At Innovative Medicine Partners, we conduct the due diligence required to answer these key questions. We factor in expenses involved in creating the device — development and manufacturing, testing and clinical trials. This provides a clear picture of the financial resources that the device will require, opportunities for investors, and potential return on investment.

Legal / Regulatory Matters

There’s no denying that governmental regulations concerning medical device development are incredibly complex. Innovative Medicine Partners can navigate the process, through our regulatory experts’ extensive knowledge, of government regulations and compliance issues in the medical arena. For the sake of all concerned in the developmental process, our legal team can help ensure the straightest possible path to success.

Branding / Marketing

Brand management is considered among the most valuable of assets. Whatever an ideas’s aspirations may be, however large the sphere of interest, or diverse its activities, proper positioning can create opportunity for your healthcare idea to reach its greatest potential and maximize the return on your investment.

We help accelerate market introductions by offering a wide array of branding and marketing solutions. Our branding and marketing services include:

• Brand development, corporate identity and strategic imaging
• Name development (products, companies, etc.)
• Corporate communications and advertising
• Interactive design (Website and new media)
• Promotional & trade shows