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medical device

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medical device & Diagnostics
Founded in 1998, Organ Recovery Systems is a Chicago-area start-up developing technologies and services to improve the quality and quantity of organs, tissues and cells for transplantation. The company is organized into three operating groups: the Medical Devices Group, developing perfusion-based "life support" devices for the preservation, treatment and transport...
Tags: organ, cell, therapy, medical device, technique
Case studies
New Vision for Partner Management and Integration for medical device Manufacturer
To accelerate cycle times and reduce costs, a leading medical device manufacturer had decided to shift in their product development strategy to a systems integration approach. Because the company had previously been developing all its products in-house, executing this new strategy required the company to integrate outside design partners into...
Tags: HEALTHCARE, PRTM, medical device, device manufacturer, development process, vision, systems integration, manufacturer, product development, strategy
White papers
Sales Organization Redesign Achieves 98% Sales Forecast Accuracy for medical device Manufacturer
PRTM assembled a cross-functional team to identify weaknesses in the existing sales organization. After completing an overall organizational assessment, it met with the client to redesign the sales function and eliminate gaps in sales forecast performance. PRTM's team then worked in concert with the manufacturer to launch a certain set...
Tags: Sales strategy, Sales force management, PRTM, sales forecast, sales, medical device, manufacturer, team, accountability, performance
Case studies
medical device Manufacturer Saves $8 Million in Development Spending
The senior management of an analytical instrumentation manufacturer, after three years of minimal to negative growth, made the decision to sell its division of old-line products and develop a new strategic area. In order to maximize the value of this decision before its sale, the company recruited PRTM to assist...
Tags: PRTM, medical device, product development, team
Case studies
Creating Successful Product Strategies for a Manufacturer of medical devices
This division designs and manufactures a variety of Type 2 medical devices for the consumer market. PACE (Product And Cycle-time Excellence) implementation focused on improved product planning and reducing time-to-market across an organization with worldwide marketing, development in the eastern US, and plants in the country's Midwest. PACE was implemented...
Tags: HEALTHCARE, PRTM, medical device, marketing
Case studies
Revitalizing a Line of medical devices
Products developed by this division include sample collection devices used by hospitals and physicians for clinical analysis. Divisional product lines enjoyed market dominance. However, the platform upon which they were based had been used for more than three decades and began losing its luster. The company engaged PRTM to assist...
Tags: HEALTHCARE, PRTM, medical device, physician, product development, analysis
Case studies
Phase Reviews Make Development Pipeline More Efficient at a medical device Company
A billion-dollar medical device corporation had been a pioneer in the field, but experienced limited growth and falling market share due to competitive pressures from industry "powerhouses." The company had already spent a year performing an internal reengineering process but had been unable to realize benefits. PRTM implemented a better...
Tags: HEALTHCARE, PRTM, medical device, re-engineering, product development, benefit, industry
Case studies
New Product Strategy and Partnership/Acquisition Focus for Medical Products Company
This $200 million disposable medical device division of an international medical products company faced maturity in its present markets and limited R&D funds to allocate to next-generation products. PRTM was hired to implement an actionable product strategy so the company could realize its dreams of being a major player in...
Tags: Business structures, Mergers & Acquisitions, HEALTHCARE, Corporate law, PRTM, medical device, medical product, partnership, acquisition, product development, R&D
Case studies
Double Digit Growth at medical device Company Using Design for Six Sigma for Integrated Product Development
The multibillion dollar medical device and diagnostic division of a diversified multinational firm wanted to shift their expansion strategy away from growth by acquisition and move toward an organic growth plan. At the same time, however, the firm was significantly increasing R&D spending. PRTM's benchmarking revealed that the current product...
Tags: PRTM, Design For Six Sigma, medical device, regulatory compliance, benchmarking, product development, R&D, manufacturing, acquisition, strategy
Case studies
Approaching Business Angels
A “business angel,” also known as an “angel investor,” is an affluent individual who provides capital for a business, typically an equity investment. Angels rarely make loans or outright grants. Business angels most often support individual entrepreneurs and brand-new ventures, although they can assist any venture in need. The term...
Tags: Investment, Financial accounting, BNET Editorial, angel, accountant, venture capital, equity investment, medical device, equity, financing, financial, partnership, bank, stock, Internet
Articles 2007-10-10
The Role Of Product Completion In A Demand-Driven Supply Network
Many supply chain models lack the flexibility and agility to create demand-driven supply networks that build customer satisfaction and profits through greater efficiencies and product customization. This white paper explores the basic concepts behind demand-driven supply networks as well as the vital link provided by product completion services. Product completion...
Tags: Supply chain management (SCM), HEALTHCARE, medical device, supply chain, logistics, customer satisfaction, competitive advantage, network
White papers 2007-02-01
IBM Global Engineering Solutions: medical devices and Imaging solutions
The continuous integration of information technology with medical technology is changing the medical device and imaging market. But the complexity of developing this technology puts high demands on internal resources, leaving many organizations with huge gaps in research and development. Many are turning to "collaborative innovation" partners like IBM to...
Tags: Document management, HEALTHCARE, Strategy, medical device, imaging, systems integration, IBM Corp., R&D, information technology
White papers 2006-03-01
Forecast for the medical device Outsourcing Market: Growth and Consolidation
The medical device market is experiencing explosive growth. Currently valued at $75 billion, market growth will continue to accelerate as demographics and market drivers increase their pressure for new and innovative product offerings. To meet this ever-growing demand, two types of companies have emerged. First are the medical device companies...
Tags: HEALTHCARE, Frost & Sullivan, medical device, physician, branding, patient, training, marketing
White papers 2006-02-02
Automating the Process of Regulatory Compliance for medical devices
FDA regulatory compliance is a mission-critical requirement for medical device manufacturers. If the FDA finds a manufacturer to be non-compliant to or in violation of FDA rules, the consequences can be severe with warning letters, mandatory product recalls, temporary shut-downs, criminal penalties and fines depending on the severity of the...
Tags: Federal government, Manufacturing, HEALTHCARE, Branding, MetricStream Inc., FDA, medical device, regulatory compliance, manufacturer, brand image, compliance, brand
White papers 2006-09-01
medical devices Direct-to-Consumer Marketing: Learning From Pharma While Acknowledging Industry Differences
The medical devices industry is an exciting market and it faces enormous opportunities and challenges due to changing dynamics in the modern U.S. healthcare environment. In order for medical technology companies to effectively respond to these changes and grow their businesses they will need to consider how to communicate more...
Tags: HEALTHCARE, Frost & Sullivan, medical device, benefit, patient, industry, marketing, environment
White papers 2005-11-22
Digitally Transforming the medical device Lifecycle
Product Lifecycle Management PLM is the only mission-critical business initiative capable of growing revenue, as well as materially reducing a person's operational costs. Product Lifecycle Management technology from UGS helps medical device producers increase innovation to bring higher-value therapies to market more quickly while efficiently managing regulatory and legal concerns.
Tags: Product marketing, HEALTHCARE, UGS Corp., medical device, product lifecycle management, product lifecycle, therapy
White papers 2005-10-01
Postmarketing Surveillance of medical devices Using Medicare Claims
The current system of postmarketing surveillance of high-risk medical devices could be improved by taking advantage of the administrative billing data collected by the Centers for Medicare and Medicaid Services CMS to systematically monitor for adverse events that may signal device-related problems. The paper uses the current concern about the...
Tags: HEALTHCARE, Project HOPE, Medicare, Medicaid, medical device, content management system, billing, collaboration, monitor, industry
White papers 2005-08-01
The Industrial Revolution: The New medical device Acquirers
This article explores the financial rationale driving the steady trend of M&A activity in the medical technology sector-as well as the business implications that result. It examines the phenomenon of external players-industrial companies, conglomerates, and others-acquiring companies to enter the medtech sector. The companies that bend metals, extrude plastics, and...
Tags: plastics, medical device, M&A, financial
White papers 2005-06-01
Navigating the Integration and Interoperability Rapids
Integrated and interoperable medical devices and medical systems, both within an enterprise and across healthcare delivery organizations, are essential to support patient safety, patient confidentiality, and for the delivery of quality healthcare. While the benefits of sharing healthcare information are well understood and accepted by patients, care givers, and the...
Tags: HEALTHCARE, Benefits, Foliage Software Systems, patient, medical device, health care, best practice, benefit
White papers 2006-02-07
medical device Makers: Ranked by Number of Employees in the Greater San Fernando Valley
Among the largest medical device makers in the greater San Fernando Valley are Medtronic Diabetes (No. 1) with 2,000 employees, St. Jude Medical (No. 2) with 1,600, and Advanced Bionics (No. 3) with 600. Overall, St. Jude Medical is the largest medical device company with offices in the greater San...
Tags: HEALTHCARE, AllBusiness.com, St. Jude Medical Inc., Medtronic Inc., medical device
White papers 2006-01-16
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