The Institute for Life Sciences and the NIHR Surgical MedTech Co-operative invite you to join us for an online course, Market Access for MedTech, hosted by our delivery partner, Empact Ventures.
The purpose of the course is 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, we will now offer a more in-depth course, delivered online over six weeks.
The course is 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.
As a free course, we expect that all attendees will endeavour to provide detailed feedback at the end of the course to help us improve it.
The course will run every Tuesday from 13:00 – 15:00 for six weeks from the 1st June to 6th July 2021.
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.
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 should attend?
- 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
How to join: There is no charge to attend this course: simply register HERE. Once registered, you will be given access to information about our virtual platform. The course is 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
Times: 13:00 – 15:00
Each training event includes:
- 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.
- 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
- Overview of the MedTech funding landscape
- UKRI funding (Innovate UK)
- NIHR (i4i, RfPB, HTA, EME)
- SBRI Healthcare
- Research charities
- Venture capital
- Crowd funding
- 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
- 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
- Pathways to approval
- Regulatory requirements for MedTech
- Requirements for digital health technology standards
- 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