The Center also identifies high-impact areas for development through grant RFA’s and industry partnerships. Medical device companies with a strong interest in developing market-specific innovations will share desired device development to the Center under a contractual agreement. If the Center believes the idea has merit and University expertise exists, we will identify and partner a team of faculty experts to develop an innovative medical device to meet the need. Faculty entering into this process must understand and agree that the intellectual property rights for the innovation remain with the inventor(s) and the University, but the industry partner has first right at licensing the IP.
The Center for Medical Innovation also holds routine development events where education in specific topics of interest to faculty will be offered. University faculty from all areas of expertise can interact and develop productive relationships.