Group items tagged

barriers to further development exist from an intellectual property perspective

Inventors must also determine if they are in a position to efficiently seize the market opportunity.

regulatory considerations, reimbursement strategies, intellectual property, and business development objectives. This leads to Phase I of the development model.

R&D in Phase II is responsible for generating early concepts. Brainstorming sessions are often held during this stage of development with members of R&D, marketing, and physician consultants. Computational analyses, such as stress and flow studies, are conducted to further understand the behavior of a proposed device. The team often develops a 3D CAD model of a proposed device