Tuesday, July 12, 2011 8:29 AM
Paving a Smoother Road to the Device Marketplace
By Monroe Hatch and Greg Kain
Taking a medical device product to market is a road trip in the fast lane through perilous mountain passes. Using a project management process can help products travel more securely from conception to commercialization and prevent costly detours during the product development process. This could translate to less money wasted on dead ends, safer trips through regulatory review and faster launches.
When you set out on a cross-country road trip, you don’t just get in the car and drive. You research your route, determine your timing, and decide how much money you’re going to spend. You make sure your vehicle is set for the journey, but that you have the ability to handle a breakdown along the way. Taking a product to market is a road trip in the fast lane through perilous mountain passes. Using a project management process helps products travel more securely from conceptio more...
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