SUBMISSIONS ACCEPTED THROUGH: SEARCH CLOSED July 31, 2015
Edison Nation Medical and the American Association for Respiratory Care (AARC) is searching for innovative product ideas from improving aerosol therapy for patients with respiratory disorders. Promising ideas uncovered throughout this 3-month search will be presented to leading medical device manufacturers and healthcare retailers with whom Edison Nation Medical has partnered to improve the lives of respiratory care patients.
- Asthma and chronic obstructive pulmonary disease (COPD) affect 1 in 12 people, and an estimated 15 million in the US.
- The effectiveness of aerosol therapy depends on several factors such as the aerosol device, drug, ventilator parameters and circuit.
- As the number of chronic lung patient continues to grow, there is an increased need for innovative inhaled therapy treatments that are higher quality, less expensive and easier for patients to use.
Innovation ideas may include, but not limited to: new devices, equipment, products, technologies or apps. Edison Nation Medical’s search is open to the public and innovators as well as small businesses from around the world are encouraged to submit ideas through our confidential secure portal for the Aerosol Therapy Search now through July 31, 2015.
Edison Nation Medical will review each submission through an in-depth review process led by the Edison Nation Medical team of medical, product development and legal experts. Promising ideas submitted throughout the search will be presented to leading medical device companies and healthcare retailers with whom Edison Nation Medical has partnered.
Submissions will be evaluated based on efficacy, the strength of any potential intellectual property, and an overall market needs and business assessment. The end goal is to commercialize each qualified product idea and when successful, licensing royalties are shared with the inventor.