It’s a good thing when we’re working on the “right problem”. There have been many people over many years that have thought long and hard about how to find right problems. In the San Francisco Bay Area, a business (or innovation) ecosystem has developed that challenges and supports the community, particularly the medical device start-up community, to work on those right problems.
This ecosystem challenges entrepreneurs on a variety of conditions.
What clinical need is being met?
The ecosystem really likes an unmet clinical need, but seems to be content with an under-met clinical need.
Is there a clear strategy for regulatory clearance?
The ecosystem usually prefers the 510(k) path over a PMA path for the US market.
How well can you protect your invention?
The ecosystem prefers inventions having key enabling features that can be patent protected.
To read the full, original article click on this link: Useful Remedy | The (Innovation) Ecosystem
