The Brisbane entrepreneurs who cut through US red tape to develop medical devices
Written on the 16 February 2018
A Brisbane medical innovation start-up is revolutionising medical product development in Australia and the US by creating their latest product from concept to US FDA approval at two and a half times faster and 65 times cheaper than the US average timeframe and cost to develop a medical device.
The benefits of being a 'nimble' startup
"This collaborative, problem-focused model of development combined with our new-age, start-up spirit of execution has seen these efficient and economically advantageous results for the Field Micro Screw and for our other products in development.
Applying business principles to medical devices development
Expected to be approved by the US FDA in April this year, the Field Micro Screw has had overwhelming support from the Australian orthopaedic surgical community and endorsement by world-leading orthopaedic surgeons internationally.
Business News Australia