The Institute for Life Sciences, the NIHR Surgical MedTech Co-operative and Empact Ventures hosted the 6-week Market Access for MedTech course in June - July 2021
The purpose of the course was to explain the MedTech innovation pathway, from identifying unmet needs, through proof-of-concept to adoption by the NHS and other markets, using experience and real-life case studies from the UK’s top experts in the sector. Building on the success of a 2019 pilot held in Southampton, the new course offered a more in-depth course, delivered online over six weeks.
The course was free of charge, as a service to support the MedTech sector and enhance collaboration with the NIHR MedTech Co-operatives, regional universities and stakeholders like the Academic Health Science Network and NICE.
The course will ran every Tuesday from 13:00 – 15:00 for six weeks from the 1st June to 6th July 2021.
You can now view all 6 weekly sessions below including all speaker presentations and the Q & A discussions.
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The Institute for Life Sciences works to catalyse collaborative, interdisciplinary research, education and enterprise at the University of Southampton and beyond. We do this by organising events, hosting research networks, supporting interdisciplinary PhD students and pump-priming new research projects, with a particular emphasis on the interface between STEM disciplines, biology and medicine.
We are one of 11 MedTech and in-vitro diagnostics co-operatives (MICs) funded by the National Institute for Health Research (NIHR) to act as centres of expertise that focus on clinical areas of high morbidity and unmet need for NHS patients. Working collaboratively with patients and patient groups, charities, industry, clinicians and academics.
Empact Ventures are super connectors who open the right doors at the right time to help the right people and organisations achieve the right mutual outcomes. We co-design initiatives with public and private sector organisations to create aggregate social or economic impact.
Topics Covered
1st June 2021 - 6th July 2021
Topics covered include;
- Tuesday 1st June 2021: Will the NHS or other healthcare markets adopt your technology? Understanding unmet needs
- Tuesday 8th June 2021: Identifying the right funding
- Tuesday 15th June 2021: Development to prototype; navigating the valley of death
- Tuesday 22nd June 2021: Generating clinical evidence: how much is enough?
- Tuesday 29th June 2021: MedTech regulation
- Tuesday 6th July 2021: Understanding reimbursement models for market adoption
Who attended?
- Primarily UK-based MedTech start-ups, scale-ups and small to medium-sized enterprises; larger organisations seeking refresher training
- Professionals wanting to understand how to support MedTech companies
- Researchers and clinicians developing innovative medical technologies
Course Details
How to join: There was no charge to attend this course. The course was supported by a Higher Education Innovation Fund (HEIF) award to the Institute for Life Sciences.
Dates: 1st June, 8th June, 15th June, 22nd June, 29th June, 6th July 2021
Times: 13:00 – 15:00
Each training event included:
- Interactive Panel Discussion: Take the opportunity to ask your questions to our industry experts to help you overcome any challenges.
- Digital Exhibition: NIHR MedTech Co-operatives showcase their support to Medtech SMEs along with external healthcare support providers and selected MedTech exhibitors
- Four to six Industry Expertise Sessions: Specialising in the weekly theme. Speakers will share their insights and expertise in a broad range of topics each week.
Weekly Sessions & Speaker Presentations
Please select the collapse / expand options below to view the videos from each session and the separate Q & A discussion held by the speakers:
Speaker Presentations
This session covered the following topics which you can view in the video followed by the Q & A discussion
Brief overview of the landscape
Clinician’s perspective of unmet needs
Patient perspective of unmet needs
Defining the benefit to the healthcare provider
Defining the benefit to the payor
How data analytics can help define need
Knowing your market and competitors
Speaker Q & A Session
Speaker Presentations
This session covered the following topics which you can view in the video followed by the Q & A discussion:
Overview of the MedTech funding landscape
UKRI funding (Innovate UK)
NIHR (i4i, RfPB, HTA, EME)
SBRI Healthcare
Research charities
Venture capital
Crowd funding
Speaker Q & A Session
Speaker Presentations
This session covered the following topics which you can view in the video followed by the Q & A discussion:
Value of working with higher education institutions
Intellectual property
Attracting early phase investment
Ethics and responsible innovation
Value of maintaining patient and public involvement during development
Role of the NIHR MedTech Co-operatives
Speaker Q & A Session
Speaker Presentations
This session covered the following topics which you can view in the video followed by the Q & A discussion:
Introduction
Understanding the role of clinical and patient pathways
Considerations for evaluating your technology
Usability testing
Early health economics
Additional complexities of generating evidence for digital health technologies
Speaker Q & A Session
Speaker Presentations
This session covered the following topics which you can view in the video followed by the Q & A discussion
Pathways to approval
Regulatory requirements for MedTech
Requirements for digital health technology standards
Speaker Q & A Session
Speaker Presentations
This session covered the following topics which you can view in the video followed by the Q & A discussion:
NHS payment systems
Primary care reimbursement
NHS procurement and tendering
How to price your technology
Developing a value proposition
Technology adoption routes
Digital health technology adoption
Speaker Q & A Session