miami medtech innovation center - presentation

1Max@MiamiMedTech.com

2Max@MiamiMedTech.com

Miami MedTech, A nonprofit organization, committed to improving healthcare by fostering medical innovation.

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• MedTech helps people worldwide to LIVE LONGER, HEALTHIER and MORE PRODUCTIVE LIVES

• Relies on innovation to continue improving patient outcomes and healthcare system progress

• Innovation originates from USERS

MedTech

Max@MiamiMedTech.com

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USERS• Medical

Professionals• Researchers

MedTech Innovation

IDEAS

RESOURCES• Development• Talent• Funding• Research

EXECUTION

Max@MiamiMedTech.com

MEDICAL INNOVATION

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USERS• Medical

Professionals• Researchers

MedTech Innovation

IDEAS

RESOURCES• Development• Talent• Funding• Research

EXECUTION

Max@MiamiMedTech.com

MEDICAL INNOVATION

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USERS• Medical

Professionals• Researchers

MedTech Innovation

IDEAS

RESOURCES• Development• Talent• Funding• Research

EXECUTION

Max@MiamiMedTech.com

MEDICAL INNOVATION

US MedTech Initiatives

7Max@MiamiMedTech.com

Massachusetts

$430M Raised in 2014

$1B+ in Exits in 2014

$1B in LifeScience

State Funding

Minneapolis, MN

LIFESCIENCE ALLEY

12+ Companies

350 Employees

$1.5B value to founders

Menlo Park, CA

THE FOUNDRY

37 Companies

$325M Raised

Stanford, CA

BIODESIGN

Miami, Florida

6X

2.3X

1.6X

Medical Device Patents Per State

FLORIDA #4

1ST MEDTECH INCUBATOR IN FLORIDA

Miami, Florida

Miami MedTech

Gateway to Latin America MedTech

8Max@MiamiMedTech.com

Established Clinical Research Organization

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Vision

To improve healthcare by comprehensively executing

needs-driven and value-based medical technology

innovations.

Method

Using an incubator type methodology and advisor-

lead apprenticeship program to evaluate opportunities

to create and foster independent start-up companies.

MIAMI MEDTECH

1ST MEDTECH INCUBATOR IN FLORIDA

Max@MiamiMedTech.com

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Process

EVALUATION

• Complete systematic evaluation of the innovation opportunity

• Lead by Advisory Board and executed by Apprentice Group

• Little to no cost to the Innovator

START-UP EXECUTION

• Complete MedTech product development infrastructure to incubate Start-Up Companies

• Pitch Deck & Fundraising• Support from in-house and University members• Incubation and support at no cash burden to

Start-Ups

A systematic process to identify and execute needs-driven and value-based MedTech innovations

Max@MiamiMedTech.com

Miami MedTech &

Florida International University

Strategically located within FIU and a member of Start-Up FIU, mutually engaging:

Fostering healthcare innovation and promoting economic and professional development by realizing the full potential of an industry &

academic partnership

• Expert faculty • The Small Business Development Center• Tech Transfer and Commercialization Office • College of Law’s small business clinic

• Student Interns • College of Engineering and Computing• Medical School• Biomedical Engineering

Increased Innovator Technical Capacity Direct Student Involvement with Industry Reduction of Start-Up Financial Burden Tech Transfer to Market Patent Generation Ancillary revenue streams

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Facility and Operation

12Max@MiamiMedTech.com

Dedicated Fabrication Shop

Co-working space | Private Offices

Prototyping Lab | Testing Wet Lab

DIRECTORS

• Clinical• Technical

ADVISORY BOARD

• Clinical Advisors• Development• Business Strategist• Investors• Intellectual Property• Strategic Sponsor• Engineering• Marketing

DEVELOPMENT STAFF

• Administrative Assistant• Product Dev. Engineer• Engineering Technician

APPRENTICE GROUP

• Clinical Fellows• Engineering Fellows• Business• Regulatory• Intellectual Property• Science• Marketing• Healthcare IT

Miami MedTech Solution

13Max@MiamiMedTech.com

• Addressing the regional need for a complete and comprehensive MedTech development incubator

• Innovation evaluation and selection process to create and foster independent start-up companies with clear commercial adoption

• Advisor-lead apprenticeship program

• The MedTech hub for Latin America

Thank you.

Contact: Max Mendez

Max@MiamiMedTech.com

14Max@MiamiMedTech.com