Medical Device Alliancescraadmin2020-10-08T13:53:23-04:00
SOUTH CAROLINA MEDICAL DEVICE ALLIANCE
A Partnership between South Carolina Research Authority, Clemson University, Medical University of South Carolina and Industry to invent, advance and bring medical devices to market.
Purpose of the Medical Device Alliance
The South Carolina Medical Device Alliance (MDA) is transforming how the State is inventing, advancing and bringing medical devices to market to address unmet clinical needs. This multi-stakeholder partnership is the foundation of a regional innovation cluster to grow the economic impact through job creation and startup formation, as well as to attract international businesses. The MDA will advance technologies to market with multidisciplinary teams and launch startups that have been rigorously evaluated by seasoned industry experts.
New Startups Formed
New Patents Filed
Products Licensed or Launched
Design Solution & Identify Projects
Bioengineering students engage clinical innovators to identify, develop, and solve critical clinical problems and advance those solutions towards commercialization. Industry provides feedback regarding commercial viability of the project.
Develop Profiles For Feasibility
SCRA will develop product profiles of the top projects to include regulatory assessments and a comprehensive market analysis. The product profiles will be provided to the advisory panel, comprised of industry experts, which will recommend projects to advance to Phase 3.
Multi-disciplinary teams will be formed to de-risk innovations from both a technical and commercial perspective. Funding supports Fellowships, technology development and a Professor of Practice to create the foundation for a potential startup.
Assess Pathway For Innovation
The advisory panel of industry experts, in conjunction with the Professor of Practice, will determine which one of four pathways the project will take: 1)Form a startup, 2)Further de-risk technology, 3)Out-license technology, 4)Discontinue project.
Economic Development Administration Regional Innovation Strategies i6 Challenge
FEDERAL FUNDING: $749,994
NON-FEDERAL FUNDING: $1,064,852
Robert B. and Susan B. Hambright Leadership Associate Professor at Clemson University
Professor of Surgery and Vice Chairman of Surgery for Research at MUSC
We are looking for industry representatives to provide commercial insight and expertise on our Medical Device Advisory Panel or as a Professor of Practice. If you are interested in participating, please complete the interest form linked below.