Launching a medical device is no small feat.
Lengthy development timelines, significant barriers to entry, and daunting failure rates make success challenging but not unattainable.
Establishing strong partnerships is one way to improve the likelihood of success.
There is so much that can be gained through building effective strategic partnerships with corporations. Of course, it is a compelling exit strategy. An acquisition signals that a startup has created value recognised by an established entity, offering founders and employees a sense of validation and accomplishment. But there are other options for fruitful partnerships, and it sometimes isn’t a straightforward path.
The right partnerships can offer more than just funding; they can provide expertise, resources, and market access to help you navigate the journey towards commercialisation.
The most appealing aspect?
Strategic partnerships can be formed at every stage of the innovation lifecycle, from ideation to commercialisation. The key is understanding which type of partnership best suits your startup and how to position your company to attract corporate investors.
This complimentary guide examines the various partnership models available to medical device startups. It will help you identify the right fit and maximise your chances of success.
Contents
- Why do Corporations want to Partner with Startups?
- Startups x Corporate Partnerships:
- Opportunities for Early-Stage Companies
- Research and Development Collaboration
- Manufacturing and Supply Agreements
- Distribution and Marketing Agreements
- Licensing and Technology Transfer
- Corporate Venture Investing (CVI)
- Mergers and Acquisitions (M&A)
- Strategies for Success
- MedDev Central Resources
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