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Have an idea for a Health Technology device, but don't know where to begin? ****

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Have an idea for a Health Technology device, but don't know where to begin? ****

Course 1: MedTech Foundations is the introduction to the MEDTECH FUNDAMENTALS by NEMIC Virtual Classroom Certificate Program, and serves to dissect key concepts within the MedTech space. Course 1 contains 3 modules:

  • MedTech 101
  • Commercial Viability (with Case Studies)
  • Intellectual Property + Defensibility 101

Researched, developed, and delivered by industry professionals from some of the world's most admired and successful companies in Health Tech, MedTech Foundations will equip learners to understand the current MedTech landscape, opportunities for breakthrough solutions, and what that means for the future of the industry.

In this course, NEMIC Advisors will guide you through a series of activities that will define precisely what comprises the MedTech industry, identify the key pillars that will determine your idea's market viability + commercial success, and cover the crucial industry component of Intellectual Property.

Come experience the most succinct, comprehensive MedTech education available.

Three deals to help you save

What's inside

Learning objectives

  • Key medtech industry components
  • Fda introduction
  • How to identify commercial viability of your idea
  • Payers, users, and stakeholders
  • Understand how and when to protect your idea
  • Patent law

Syllabus

MedTech 101:
Industry Segments
FDA Regulation
Opportunities for Innovation
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Industry Trends
Commercial Viability:
What makes a technology commercially viable?
Key Pillars for Success
Who Cares, Who Pays, Who Uses?
Barriers to Adoption
Barriers to Entry
Intellectual Property + Defensibility 101
Understanding how and when to protect your ideas
How to navigate tech transfer offices within institutions + organizations
Patent law basics
Patent process
Patent timetables and timelines

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Suitable for those curious about entering the MedTech industry
Taught by experienced professionals in the health tech domain
Involves case studies for enhanced understanding of commercial viability
Provides an overview of the MedTech landscape, guiding learners on navigating the industry

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in MedTech Foundations with these activities:
Attend a MedTech Industry Networking Event
Provides opportunities to connect with professionals, learn about industry trends, and explore potential collaborations.
Show steps
  • Identify and register for relevant MedTech industry events.
  • Prepare an elevator pitch to introduce yourself and your interests.
  • Attend the event and engage in conversations.
  • Follow up with potential contacts after the event.
Complete Online Tutorials on FDA Regulations
Provides a foundational understanding of FDA regulations and their impact on MedTech product development.
Show steps
  • Enroll in online tutorials or webinars on FDA regulations.
  • Complete the tutorials at your own pace.
  • Take quizzes or assessments to test your understanding.
Develop a MedTech Business Plan
Develops entrepreneurial skills and provides a framework for planning and executing MedTech business ventures.
Browse courses on Business Plan
Show steps
  • Define your business concept and value proposition.
  • Conduct market research and identify target customers.
  • Develop a marketing and sales strategy.
  • Estimate financial projections and secure funding.
  • Create a comprehensive business plan document.
Three other activities
Expand to see all activities and additional details
Show all six activities
Contribute to an Open Source MedTech Project
Involves practical application of MedTech skills and contributes to the advancement of the open source community.
Browse courses on Open Source
Show steps
  • Identify open source MedTech projects that align with your interests.
  • Review the project's documentation and codebase.
  • Submit bug reports or feature requests.
  • Contribute code or documentation to the project.
Develop a Patent Strategy
Provides hands-on experience in developing a patent strategy to protect and defend MedTech innovations.
Show steps
  • Identify potential patentable inventions.
  • Research existing patents and prior art.
  • Develop a patent filing strategy.
  • Write and submit a provisional or utility patent application.
  • Monitor and maintain your patent portfolio.
Conduct a Virtual Design Sprint on a MedTech Problem
Empowers learners to apply human-centered design principles to solve real-world MedTech challenges.
Browse courses on Design Sprint
Show steps
  • Define the problem statement and form a design team.
  • Sketch and brainstorm potential solutions.
  • Build a prototype and test it with users.
  • Iterate on the design based on feedback.
  • Present your final design solution.

Career center

Learners who complete MedTech Foundations will develop knowledge and skills that may be useful to these careers:
Patent Attorney
Patent Attorneys help inventors and businesses protect their intellectual property. They prepare and file patent applications, and represent clients in patent litigation. This course can be very useful for a Patent Attorney specializing in MedTech, as it will provide current information on commercial viability and an overview of FDA regulations, which are important for drafting patents.
Technology Transfer Officer
Technology Transfer Officers are responsible for managing the transfer of technology from academic institutions to the private sector. They work with researchers and companies to identify and commercialize new technologies. This course can be very useful for a Technology Transfer Officer as it will provide a solid understanding of the MedTech industry, and advanced knowledge of intellectual property protection, which includes an overview of patent law basics, patent process, patent timetables and timelines.
Intellectual Property Manager
Intellectual Property Managers are responsible for managing a company's intellectual property portfolio. They work with inventors and attorneys to protect and commercialize the company's intellectual property. This course can be very useful for an Intellectual Property Manager in the MedTech industry, as it will provide an overview of how to protect intellectual property and navigate tech transfer offices within institutions and organizations.
Regulatory Affairs Specialist
Regulatory Affairs Specialists ensure that medical devices and other healthcare products meet all applicable regulatory requirements. They work with regulatory agencies to obtain approval for new products and ensure that existing products continue to meet safety and efficacy standards. This course can be very useful for a Regulatory Affairs Specialist as it will provide an up-to-date understanding of FDA regulation, which is critical for this role.
Product Manager
Product Managers are responsible for the development and launch of new products. They work with cross-functional teams to define product requirements, create marketing plans, and manage the product lifecycle. This course can be very useful for a Product Manager in the MedTech industry as it will provide a deep understanding of commercial viability, intellectual property protection, and the MedTech industry landscape.
Medical Device Sales Representative
Medical Device Sales Representatives sell medical equipment and supplies to hospitals, clinics, and other healthcare providers. They are responsible for generating leads, developing relationships with key decision-makers, and closing sales. This course can be very useful for a Medical Device Sales Representative as it will provide a comprehensive overview of the MedTech industry, including key industry components, FDA regulation, and commercial viability.
Medical Device Designer
Medical Device Designers create and develop new medical devices. They work closely with engineers and other professionals to bring new products to market. This course may be helpful to a Medical Device Designer as it will provide a strong foundation in the MedTech industry, including an understanding of key industry components, FDA regulation, and intellectual property protection.
Biomedical Engineer
Biomedical Engineers apply engineering principles to the design and development of medical devices and systems. They work closely with medical professionals to understand their needs and develop solutions that meet those needs. This course may be helpful to a Biomedical Engineer as it will provide a strong foundation in the MedTech industry, including an understanding of key industry components, FDA regulation, and intellectual property protection.
Quality Assurance Manager
Quality Assurance Managers are responsible for ensuring that medical devices and other healthcare products are manufactured and distributed in a safe and effective manner. They develop and implement quality assurance systems, and conduct audits to ensure compliance with regulatory requirements. This course may be helpful to a Quality Assurance Manager as it will provide a strong foundation in the MedTech industry, including an understanding of key industry components, FDA regulation, and intellectual property protection.
Medical Science Liaison
Medical Science Liaisons serve as a bridge between pharmaceutical and biotechnology companies and healthcare providers. They provide scientific and technical information about a company's products and services, and help to educate healthcare providers on the latest medical developments. This course may be useful to a Medical Science Liaison as it will provide a strong foundation in the MedTech industry, including an understanding of key industry components, FDA regulation, and intellectual property protection.
Clinical Research Associate
Clinical Research Associates work with medical professionals to conduct clinical trials. They are responsible for managing the study protocol, collecting data, and ensuring the safety of participants. This course may be helpful to a Clinical Research Associate as it will provide a foundational understanding of the MedTech industry, FDA regulation, and intellectual property protection.
Healthcare Market Research Analyst
Healthcare Market Research Analysts conduct research on the healthcare industry. They collect and analyze data on market trends, customer needs, and competitive landscapes. This course may be helpful to a Healthcare Market Research Analyst as it will provide a solid understanding of the MedTech industry, and advanced knowledge of commercial viability of ideas, and intellectual property protection.
Healthcare Administrator
Healthcare Administrators plan, direct, and coordinate the operations of healthcare organizations. They are responsible for ensuring that the organization provides high-quality care to patients and meets all regulatory requirements. This course may be helpful to a Healthcare Administrator as it will provide a solid understanding of the MedTech industry, and advanced knowledge of commercial viability of ideas, and intellectual property protection.
Healthcare Consultant
Healthcare Consultants help clients in the healthcare industry resolve problems and improve performance. They can design, implement, and evaluate program initiatives, create budgets, and provide general management advice. This course may be useful to a Healthcare Consultant as it will provide a solid understanding of the MedTech industry, and advanced knowledge of commercial viability of ideas, and intellectual property protection.
Medical Writer
Medical Writers create clear and concise written materials about medical and health-related topics. They may write for a variety of audiences, including patients, healthcare professionals, and the general public. This course may be helpful to a Medical Writer as it will provide a strong foundation in the MedTech industry, including an understanding of key industry components, FDA regulation, and intellectual property protection.

Reading list

We've selected six books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in MedTech Foundations.
Provides a comprehensive look at the medical device design process, from the initial concept to the final product.
Provides a practical guide to creating products and services that customers want, by focusing on understanding their needs and creating a value proposition that addresses those needs.
This classic book provides insights into why successful companies often fail to innovate. It discusses the challenges of disruptive technologies and how to overcome them.
This practical guide provides a step-by-step approach to building successful startups. It covers topics such as customer validation, product development, and marketing.
Provides a comprehensive guide to the regulation of medical devices, with a focus on the FDA.

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