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NCMDBringing Together North Carolina’s Medical Device Community

SBIR Seminar

Introduction to NCMDMarch 24, 2005

Andrew DiMeo

North Carolina Medical Device Organization

[email protected]

www.NCMedicalDevice.org

Phone: 919.606.1337

Fax: 919.573.9423

Summary• NCMD mission and vision• Why focus on medical devices?• North Carolina’s assets• Defining the NCMD space• Target Cluster• Services• Board of Directors• Event Outlook

NCMD Mission & Vision

• Mission:Position North Carolina’s medical device and diagnostic industry as a research, development, and production world leader

• Vision:Enhance North Carolina’s medical device and diagnostic industry through public policy, networking, training, and business development

Why focus on medical devices?• NC consistently in top 3-5 states for Biotech, yet not

positioned in the medical device market

• $94 billion market growing at 7% per year

• Creates high paying jobs – both in research for areas like RTP and in manufacturing in the more rural parts of the state

• According to economic census data, there are currently 15,000 medical device related jobs in NC

Why? (continued)• Harvard Professor Michael Porter

Medical devices are an “under-realized opportunity” for North Carolina

• RTI International“Identify and task an organization to serve a professional catalyst role by inventorying medical device and diagnostics capabilities and needs, conducting networking events, and addressing industry needs.”

North Carolina’s Assets• 246 medical equipment manufacturing facilities• Commitment to employer training in Bioscience by investing in programs at

many community colleges• 4 world class medical schools (UNC, ECU, Duke, & Wake Forest)• 4 Biomedical Engineering programs (UNC, NCSU, Duke, & Wake Forest)• 1 of only 27 US veterinary schools (NCSU)• Leading biology experts and growing Medical Physics program (UNCC)• Growing Biomedical Engineering group (ECU)• Triangle region second only to Boston in NIH funding for medical schools

Medical Equipment Manufacturing FacilitiesMap prepared by the NC Dept. of CommerceDiv. of Policy, Research & Strategic PlanningSource: Harris InfoSource referenced August 2004

Legend• Manufacturing Locations

Defining the NCMD space:…intended to affect the structure or any function of the body…

• Pharmaceutical/Drugs– Manufactured by a chemical process

• Biotechnology/Biologics– Manufactured by a biological process

• Medical Devices– Mechanical, Electrical, etc.– Neither chemical nor biological mfg. process

• Combination Products– Two or Three of the above combined/kitted– Forecast to be a $9.5 billion market by 2009

• Diagnostic Products• Medical Information Systems

Target Cluster• Research/Develop/Manufacture Medical:

– Devices, combo products, diagnostics, and info systems– Platform technology for above product types

• Suppliers and Service Companies– Including Contract Manufacturers

• Hospitals and Clinics– Individual Clinicians– Individual Departments (such as Sports Medicine)

• Academic Institutions– Individual Researchers– Departments (such as Biomedical Engineering Programs)

• Any interested individual or organization

NCMD Services• Host Training programs & forums with expert speakers

discussing relevant topics and to promote networking• Assemble a statewide device & diagnostic directory• Advocate for policy to create best environment for

existing & new companies, and for recruitment to NC• Hold an annual conference for the state, bringing

together and showcasing NC’s medical device industry• Maintain a job board to assist in searches for NC device

& diagnostic companies• Maximize intra-state business among existing

companies to help create more jobs

Board of Directors• Rich West, Adigy CEO - NCMD Chairman and executive committee member• Peyton Anderson, Affinergy CEO - NCMD Chair-elect & executive committee member• Sam Taylor, Exec. VP, NCBIO - NCMD Finance Chair & executive committee member• Jeff Clark, Managing General Partner, The Aurora Funds• Monica Doss, President, CED - NCMD executive committee member• Geff Erickson, Ph.D., Sr. Associate, A.M. Pappas & Associates - NCMD executive committee member• Richard Kindberg, Sr. VP & General Manager, Medical Products Div., Teleflex Medical• Garheng Kong, M.D., Ph.D., Partner, Intersouth Partners• Dayn McBee, SunTech Medical CEO• Neil C. Olson, D.V.M., Ph.D., NC State University - NCMD executive committee member• Dan Pelak, President and CEO, Closure Medical• Bob Singletary, Exec. Director, Research & Technology, WakeMed Health and Hospitals• Sam Tetlow, Principal, Research Triangle Ventures• Rob Tyler, Partner, Hutchison+Mason PLLC - NCMD executive committee member

Event Outlook

• 5/16/05 – NCMD Regulatory Forum– Patricia Love, Associate Director, FDA, Office of

Combination Products– Heather Rosecrans, Director of the Premarket Notification

(510(k)) Staff, FDA, Office of Device Evaluation

• Aug/Sept ’05 – NC MedTech Outlook (Charlotte?)• November ’05 – ½ day device day conference• February ’06 – NCMD Meet new companies and

venture forum (Winston-Salem?)

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