Disruptive innovation

/Tag: Disruptive innovation

Innovative Model Offers A Breakthrough in Medical Devices

Medical devices generally require $31 million and up to five years to bring to market, according to studies conducted by the Medical Device Manufacturers Association and the National Venture Capital Association. But a New York-based medical device maker, PAVmed—using innovative technologies and a unique business model—has found a way to do this for $3.5 million