Having created a successful model for developing early stage ideas and licensing product, FxDEVICES provides a conduit between inventing surgeons and leading orthopaedic companies to drive product innovation for better results.
We start from the back of a napkin.
FxDEVICES starts with a gap analysis – mapping out a process necessary to get an idea from wherever it is in the development stage to where it needs to be for a company to license it. Sounds easy, but a lot of resources can be wasted if this phase is not well thought out before advancing an idea.
Very often, a technology can be developed across multiple indications. For this reason, we structure licensing opportunities in such a way to maximize return on investment for inventing surgeons.
FxDEVICES capitalizes on the technology behind the product in such a way to optimize the market potential. This comes from all of our experience, expertise and know how. With new government regulations, tight budgets and a need to continue innovating and advancing medical device technologies, we fill a void.
Having successfully developed and licensed product to leading orthopaedic companies, we know what it takes to realize the potential of a great idea.
The days of an inventing surgeon starting a company around an innovative product are all but gone. This is due primarily to regulations, fierce price competition and hospital pricing contracts.
Medical device innovation is key to advancing medical treatment. Our model promises to drive innovation, bringing together inventing surgeons and companies that have seen their ability to innovate slowed over recent years. By developing an idea to a point where a company can spend less time and resources to get a product to market, we bring inventing surgeons and companies together again.
FxDEVICES
One South Ocean Blvd
Suite 324
Boca Raton, Florida 33432
Phone:
561.394.6501
Fax:
561.394.6511