Transcription of The Medical Device Milestone Map
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The Medical Device Milestone Map Medtech start-ups from inception to exit: what are the key mile-stones and what are the ACTUAL timelines and costs? A data-driven approach to figuring out the new reality of Medical Device venture capital investing. BY REVITAL HIRSCH Medical Device venture capital investing has changed significantly since the onset of the economic downturn. Fundamental concepts and premises, such as capital intensity, company stage at exit, the degree of difficulty in obtaining regulatory approval and exit valuations, are undergoing major shifts. These shifts are likely to have a considerable effect on the Medical Device venture capital ecosystem.
The Medical Device Milestone Map Clinical validation is obtained after a device has been used successfully in a pilot trial in which all clinical end-points were achieved. The sample size of a pilot trial is usually equal to the minimal number of patients necessary for the results to …
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