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The Innovation Factory: Re-Tooling Device Start-Ups

These are tough times for medical device start-ups. Now a new company offers fresh approaches to company creation and financing that reduces risk for investors and entrepreneurs. The Innovation Factory is taking a new approach to device company creation, one that leverages resources for early-stage projects and reduces risk for investors. Its goal isn't just to provide support services but to actually launch the companies.

by David Cassak

At theMedical Device and Diagnostic Conference for CEOs ("Phoenix") meeting two years ago, the malaise among small-company medical device executives couldn't have been more palpable. In formal sessions and informal...

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