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Medical Devices at the Crossroads: A Look Back and A Look Into the Future

The mid-2000s were halcyon days for the medical device industry as venture capital dollars flowed freely, acquisitions and valuations soared, and companies turned out hundreds of new devices with important clinical benefits. Critical to the device industry's success, for both companies and their investors, was a novel business model that saw big companies and small companies play complementary roles in an environment characterized by rapid and cost-efficient technology development, a straightforward path to regulatory approval and commercialization, and assured exits to any of a number of large device companies eager to fill product pipelines through M&A.

More recently, a host of new pressures have emerged for device companies - everything from shrinking venture dollars to regulatory reform - have begun to call into question the viability of this business model. Perhaps most important are changes in the very nature of medical device innovation. In this presentation, we'll look at where the medical device industry has come from over the past decade, where it is now, and where it is headed, asking, "Does the device industry's business model still work?"

Speaker:

David Cassak, Vice President, Content, Managing Director, Medical Devices, Elsevier Business Intelligence (EBI)

When

Wednesday, February 22, 2012 5:00 p.m. - 7:00 p.m.

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Tuesday, February 21, 2012 12:00 p.m.

Where

Hyatt Regency Irvine 17900 Jamboree Road Irvine, California 92614

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Planner

Ashleigh Berry