NEMIC: MedTech Foundations

NEMIC: MedTech Foundations

by New England Medical Innovation Center

MedTech Foundations

An Introduction to Health Technology Innovation

Course Description

Welcome to "MedTech Foundations," an exciting and comprehensive introduction to the world of Health Technology innovation! This course is the first in the MEDTECH FUNDAMENTALS by NEMIC Virtual Classroom Certificate Program, designed to equip aspiring entrepreneurs and innovators with the essential knowledge and skills needed to navigate the complex and dynamic MedTech industry.

Developed and delivered by industry professionals from some of the world's most respected Health Tech companies, this course offers an unparalleled opportunity to gain insights into the current MedTech landscape, explore breakthrough solutions, and understand the future trajectory of this rapidly evolving field.

What students will learn from the course:

  • Key components of the MedTech industry
  • Introduction to FDA regulations
  • How to assess the commercial viability of a MedTech idea
  • Understanding payers, users, and stakeholders in the MedTech ecosystem
  • Fundamentals of intellectual property protection
  • Basics of patent law and the patent process

Pre-requisites or skills necessary to complete the course:

No prerequisites are required for this introductory-level course. It is open to anyone with an interest in Health Technology and innovation, regardless of their background or prior experience.

What the course will cover:

  • MedTech 101: Industry segments, FDA regulation, innovation opportunities, and industry trends
  • Commercial Viability: Factors determining success, key pillars for viable technologies, stakeholder analysis, and barriers to adoption and entry
  • Intellectual Property + Defensibility 101: Protecting ideas, navigating tech transfer offices, patent law basics, and patent processes and timelines

Who this course is for:

This course is ideal for:

  • Aspiring MedTech entrepreneurs
  • Healthcare professionals interested in innovation
  • Engineers and scientists looking to enter the Health Technology field
  • Students considering a career in MedTech
  • Anyone with an idea for a Health Technology device who wants to understand the industry landscape

How learners can use these skills in the real world:

The skills and knowledge gained from this course can be applied in various real-world scenarios:

  1. Evaluating the potential of a MedTech idea or invention
  2. Developing a strategy for bringing a Health Technology product to market
  3. Understanding regulatory pathways and requirements for medical devices
  4. Identifying potential stakeholders and partners in the MedTech ecosystem
  5. Protecting intellectual property and navigating patent processes
  6. Making informed decisions about pursuing a career or venture in the MedTech industry

Syllabus:

  1. MedTech 101:
    • Industry Segments
    • FDA Regulation
    • Opportunities for Innovation
    • Industry Trends
  2. Commercial Viability:
    • What makes a technology commercially viable?
    • Key Pillars for Success
    • Who Cares, Who Pays, Who Uses?
    • Barriers to Adoption
    • Barriers to Entry
  3. Intellectual Property + Defensibility 101:
    • Understanding how and when to protect your ideas
    • How to navigate tech transfer offices within institutions + organizations
    • Patent law basics
    • Patent process
    • Patent timetables and timelines

By enrolling in "MedTech Foundations," you'll be taking the first step towards becoming a well-informed and capable innovator in the exciting world of Health Technology. Don't miss this opportunity to learn from industry experts and set yourself up for success in the MedTech field!

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