Medical Device Report Recommendations

Establish a North Carolina Center for Advanced Medical Technologies

• Complete a business plan for the Center, to include initial years of investment required and a goal of being self-sustaining by year five.
• Identify and seek funding sources from various entities, including:
• The North Carolina Biotechnology Center's new Centers of Innovation program
• Other State support
• Charitable foundations
• Vendors
• Health care buyers and providers
• Hire a talented staff and assemble an expert advisory council

Networking and Education

• Provide seminars, meetings, and conferences to support medical technology executives, scientists, engineers, clinicians and vendors
• Recognize leading technologies, companies and individuals
• Bring together advanced medical technology users, buyers and providers with technical experts and facilitate partnering in the creation of workable and commercially viable solutions to problems

Company Commercialization/Technology Transfer

• Collaborate with universities to accelerate technology transfer and technical assistance
• Provide tailored support to entrepreneurs and incubators working in advanced medical technologies

Branding/Marketing/Business Development for Advanced Medical Technologies

• Track, document and market statewide activity in advanced medical technologies
• Attract medical technology companies to North Carolina from across the United States and internationally
• Educate legislators and North Carolina business people, consumers, students, health care providers and payers about North Carolina's advanced medical technology assets and activities
• Maintain statistics on North Carolina investment in advanced medical technology development compared to those of other states and entities