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Lessons From Failure: Borrowing Tools From Your Neighbors
Diana Kander
8/12/2013
Blog Resource
Summary:

Adam Berk had a vision of creating an online library where neighbors could borrow tools and electronics from one another. Why buy a fancy camera you only needed to use once for a big trip? Why invest the money in physical tools for a home remodeling project if you are never going to need them again? Adam and his best friend Dave spent 5 years creating this utopian community, neighborrow, powered by a new form of currency. Their business model was to eventually white label the product and sell it to large apartment buildings and others who wanted to facilitate a borrowing community. But they never achieved their vision. 

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Is the pre-IDE process worth the time investment?
Health Innovation
5/11/2011
Blog Resource
Summary:

Medical device startups need to know when it’s worthwhile to make use of the pre-IDE process. The FDA review team can provide valuable insight to the medical business, but there are drawbacks, too. Read more to find out the pros and cons of the pre-IDE process.

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How to protect your idea for a new medical device
Healing Innovation
6/9/2011
Blog Resource
Summary:

Creators of new innovative medical devices need to know how to protect their ideas. Read more for tips on the best ways to do this.

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J & J stent story highlights need for innovation
Healing Innovation
6/28/2011
Blog Resource
Summary:

Earlier this month, Johnson & Johnson pulled out of the heart stent market amid struggling sales of its products. Read more on how this move reveals the need for continuous innovation in the healthcare business landscape.

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Sluggish FDA approval for innovative medical devices puts industry advancement at risk
Healing Innovation
7/6/2011
Blog Resource
Summary:

The FDA has been sluggish in the approval of innovative medical devices. Read more on how delayed approval could endanger venture funding for medical device startups.

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A Trademark Tale
Hron Frederic
6/12/2000
Article Resource
Summary:

A company's name is a major intangible asset--but even a federal trademark may not be enough to protect it. This entrepreneur, owner of a media services business, discovered the difficulty in defending his intellectual property against a competitor with deeper pockets. Although he expected to win his case, the prohibitive cost of going to trial led instead to a settlement.

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A Guide to Drucker's Systematic Innovation
Goldstein Burton B Buck
5/8/2006
Article Resource
Summary:

This accomplished entrepreneur matches practical tips from Peter Drucker's book, Innovation and Entrepreneurship, with innovative product moves developed by real-life growth companies. The entrepreneur author shows how these companies apply key tactics, such as tracking demographics and customer preferences, that are detailed as principles by Drucker.

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Bioresorbable stent maker says its product beats the competition
Glenn Brandon
5/19/2011
Blog Resource
Summary:

Are bioresorbable stents from one company better than another? Arterial Remodeling Technologies thinks so. The company boasts that its stents offer faster and smoother bioresorption and crack-free expansion.

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Imaging software company sees bright future ahead
Glenn Brandon
5/4/2011
Blog Resource
Summary:

In medical business news, imaging software firm Riverain Medical hopes to boost sales of a product that helps detect lung cancer. The company’s technology allows radiologists to see behind ribs and clavicles to get a better view of pulmonary nodules. Read more about this company’s promising future.

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University spinoff develops medical device for tinnitus
Glenn Brandon
5/12/2011
Blog Resource
Summary:

A treatment for tinnitus is the goal of two Ohio University colleagues who were frustrated by the lack of options for those suffering from this hearing disorder. Read more to find out how this medical device differs from its competitors.

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