Wednesday, December 10, 2008

Invention in Medicine: How Medical Devices get Invented and Go to Market


with Art Wallace M.D. Ph.D.
December 10, 2008, Room 207

Dr. Wallace started out in experimental surgery and radiology studying imaging of the heart using CT scanners. He has worked on a number of devices that originally were built for experimental studies that evolved into clinically useful devices including a cardiac output monitor, the off pump CABG, off pump aneurysm surgery, electronic sedation, and a selective coronary vasodialtor. Dr. Wallace will explain his experiences with the inventive process using examples from both device design and drug development. There will be a brief discussion of the importance of intellectual property, patents, venture capital, FDA approval, and business development in completing the invention process.