FDA funds a handful of pediatric device innovation groups around the United States. But Dr. Gwenyth Fischer, director of The Pediatric Device Innovation Consortium at the University of Minnesota, thinks there’s something that sets the seven-year-old group apart.
The Minnesota group, Fischer said, is focused not only on funding but on getting doctors and other academics with innovative ideas linked with the host of product development, regulatory, reimbursement and other experts around Minneapolis-St. Paul who can help get the concepts commercialized — versus the inventors “spinning their wheels.” And there’s tight project management, with weekly sometimes daily calls and frequent advisory board meetings.
“I think our group has a little bit more of an industry approach than some of the academic-based ones. We understand that academics have a lot of strong skill sets, but getting a device to market in those later stages is not what a lot of academic centers have the ability to do,” Fischer said.
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