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"The medical devices I'm talking about require around $50K–$200K for FDA clearance" I think that's only if you use the expedited approval process (510k). I ac
by giantg2 8mo ago
"The medical devices I'm talking about require around $50K–$200K for FDA clearance"
I think that's only if you use the expedited approval process (510k).
I actually had an idea for a medical device. Turns out there was a patent on that idea already. It wasn't on the market yet. The potential client population wasn't very big, but just big enough to make it worth while.
- piratesAndSons 8mo agoAre you saying even if I stretch the budget to $500k, there isn't a niche where I can find viable device?
- giantg2 8mo agoNo, but it seems unlikely given all the other failed companies/devices.