Track C

C3 The Role of Academic Medicine in Creating New Medical Devices

Track: Industry/Academic Partnerships

Target Audience: All Audiences

Ashley Stevens, CLP, Focus IP Group, LLC

Alan R. Bentley, Vanderbilt University
Elias Caro, Wallace H Coulter Foundation
Steve Harsey, Ph.D., University of Arizona

In 2011, a paper in the New England Journal of Medicine showed the significant role that academic institutions have played in the discovery of new drugs: 153 new drugs and vaccines; 9.3 percent of all new drug applications in an 18 year period; and 21.1 percent of the most innovative drugs. A new study is now looking at the role of academic medicine in creating new medical devices, and is finding that the role is even greater. Virtually every major new category of medical devices was created by a practicing M.D. somewhere — working in community settings to academic medical centers. Many were patented by the M.D. in his or her own name — the "back door." Join us for an advance look at the results of the study, a look at some major device developments and an examination of the issue of the "back door."

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