Medical Innovation Center Team

University of MichiganExecutive DirectorDr. James GeigerPediatric Surgery

Associate DirectorProfessor Albert ShihMechanical Engineering

Managing DirectorBrenda Jones, MBA

Assistant DirectorEducationJennifer Stovall

Prototype SpecialistToby Donajkowski

Associate DirectorDr. Jeff MyersAnatomic Pathology

Basic Format for Fellowship• Duration – 1 Year, July-June (Med School Schedule)

• Process of selecting fellows - Application, essays, letters of recommendation, individual and group interviews, survival team exercise

• How are projects determined? Domain (destination program) direct clinical observation in specific domain, wisdom of crowds, pair-wise comparison, Technical Advisory Group feedback

• Advisors, mentors? 2 per team plus professional team coach

• What are major deliverables for the fellows? (1) Greater understanding of medical innovation development and challenges of multidisciplinary groups (2) Commercializable product idea

University of Michigan Medical Innovation CenterJuly

Creation Solution-Business

Knowledge Foundation

Opportunity Exploration

Core

Core

Core

Support

Support

Support

Domain

Domain

Domain

September December March June

Unique Features of Program

• Anti-disciplinary - Medical, Business, Engineering, other

• Major health system and top ranking schools all on one campus

• Team volunteer work-campus ambassadors of innovation

• “Blank slate” to develop ideas from unmet needs within domain

University of Michigan Medical Innovation Center

Challenges

• Sustainability (funding)• Recruiting fully engaged faculty• Program identity balance – Education

program vs Inventor assistance program• Changing the culture• A “start-up” in a big bureaucracy• Evolution of Biomedical Device Industry

University of Michigan Medical Innovation Center

Catheter Securement-Novel IV Catheter

University of Michigan Medical Innovation Center

StartingSub-Domains

Domain

Opportunity Discovery

SolutionCreation

Opportunity Profiles Clearly Defined Market Needs With Potential Solution Concepts

Offering Development

Solution Concepts Design Concepts Ready for Prototyping and/or Market Experimentation

Provisional filingAngel investment510K in process