Accelerating Innovation Through Collaboration Building the Team to Build Your Device MD&M West - 2016 Marc Habib Byron Wilson Gino Banco Steve Maylish Marc Habib Byron Wilson Executive Director, Operations and Product Development CEO and President Empty Set Design The Innovation Lab Gino Banco Steve Maylish Principal R&D Engineer, Medical Devices Strategic Business Development Parker Hannifin Corporation Triple Ring Technologies You Someone From the Outside Your Team Engineering & Prototyping Research & Design Marketing & Transaction Health System Members Global Healthcare Innovation Alliance #6 #7 Corporate / Academic Partners Nationwide Collaboration A network of 16 health systems across 23 states Marc Habib Byron Wilson Executive Director, Operations and Product Development CEO and President Empty Set Design The Innovation Lab Gino Banco Steve Maylish Principal R&D Engineer, Medical Devices Strategic Business Development Parker Hannifin Corporation Triple Ring Technologies f in d in g “ t h e r igh t ” d es ign er par t n er trysts, dating, and long-term partnerships Byron Wilson Empty Set LLC illustration courtesy of Federica Bordoni Marc Habib Byron Wilson Executive Director, Operations and Product Development CEO and President Empty Set Design The Innovation Lab Gino Banco Steve Maylish Principal R&D Engineer, Medical Devices Strategic Business Development Parker Hannifin Corporation Triple Ring Technologies TIPS FOR SUCCESSFUL MANUFACTURING PARTNERSHIPS GINO G. BANCO, PH.D. PRINCIPAL ENGINEER, MEDICAL DEVICES PARKER HANNIFIN Medical Systems SELECTING THE RIGHT PARTNER(S) STEP 6 COMMITMENT STEP 5 SELECT FULL SERVICE PROVIDER(S) STEP 4 MANUFACTURING SITE AUDIT STEP 3 AVOID RUSHING TO LOWEST INITIAL COST; COMPARE APPLES TO APPLES STEP 2 STEP 1 INITIAL CAPABILITIES EVALUATION & REQUEST FOR PROPOSAL INTERNAL ASSESSMENT & OUTSOURCING STRATEGY Medical Systems THREE KEY ELEMENTS OF SUCCESS ENGAGE EARLY DEVELOP THE PARTNERSHIP SUCCESS COMMUNICATE EFFECTIVELY Medical Systems ENGAGE EARLY Feasibility Concept Validation Development • • • • • • Design for Manufacturing Material Selection Cost Management More Effective Supply Chain Management Regulatory/Compliance Support Ancillary Needs (Packaging, Labelling, etc.) Launch • Increased Speed to Market • Lower Overall Costs Medical Systems DEVELOP THE PARTNERSHIP $ Win-Win Solutions $ $ Continuous Improvement $ $ $ Innovation $ IP Security Supply Stability $ Trust Integrity Openness Dependability Professionalism Medical Systems COMMUNICATE EFFECTIVELY • Critical in all Relationships (Success vs. Failure) • Communication Early and Often • Designated Personnel • Clearly Define Roles and Responsibilities • Share Device Function with Requirements • Clear Understanding of Expectations on Both Sides Medical Systems The manufacturing partnership can be a critical contributor to the financial success of your device. • • • • Select the Right Partner Engage Early Develop the Partnership Communicate Effectively Medical Systems Marc Habib Byron Wilson Executive Director, Operations and Product Development CEO and President Empty Set Design The Innovation Lab Gino Banco Steve Maylish Principal R&D Engineer, Medical Devices Strategic Business Development Parker Hannifin Corporation Triple Ring Technologies Building the Team to Build your Device Steve Maylish February, 2016 © 2014 Triple Ring Technologies Triple Ring Technologies Facility in Silicon Valley, CA (85,000 sq. ft.) Large flexible engineering and science spaces (clean rooms, optics and biology labs) Pilot manufacturing capability ISO13485 certified 100+ engineers and scientists on staff 25 PhD’s, 9 former VP’s of R&D Regulatory & Legal Groups ME, EE, SW, FW, System Architecture, Optical Physicists, Mathematicians, Chemists, Biologists Leverage deep product and technology development experience Napkin Sketches to Pilot Scale Manufacture Applied Research Group – fuzzy front-end Lean Engineering Practices & Data Driven Design (modeling & analysis) Design for Assembly & Manufacture – low to high volume Silicon Valley Innovation Hub Incubation Research collaboration Co-development Product Launch When is the product ready to launch? Design History File, FDA Clearance, Device Master Record, Pilot Production & Process Validation, Device History Record System validation completed with input from users, clinical trials completed, and environmental or life-cycle testing. Product is manufacturable and scalable, reliable and robust, intuitive & easy to use, and easy to service. Product Launch Decisions Established firm vs Startup Inventory and transfer-to-manufacturing investment Sales forecasts and long-term contracts Volume vs Pricing (early units are always more expensive) Target high profit segments for launch Disposables, Reagents, Hardware or all three? Tooling decisions – low or high volume Setup charges and obsolescence Plan service spares with manufacturing Manufacturing fine tuning, optimizing and validation (vendors) Direct Sales, Distributors, Limited Launch, Service Direct Sales Force (experience & compensation) Distributors (sales or expanded role) Inventory Management (demos, distributors, build to order) Launch by sales territory, by office distance, by key clients Service Department, Call Desk, Device Reporting
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