Filling the Product Pipeline

Published: May 1, 2002
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Filling the Product Pipeline

By: Steve Halasey

Originally Published MX May/June 2002



BUSINESS PLANNING
& TECHNOLOGY DEVELOPMENT

Filling the Product
Pipeline




Six industry leaders
reveal their strategies for product development in a suboptimal economy.

Moderated by
Steve Halasey

Company
leaders work hard to create award-winning products such as those described in
the previous pages, but keeping the pipeline filled with products to be launched
in the future can be even more daunting. To find out how companies manage this
task, MX interviewed six industry executives with experience in developing
complex product lines.
Excerpts from the interviews appear here; the complete
text
is also available.

MX: What
conditions in the general economy are helping or hindering companies that are
developing new medical products right now?





Norbert G. Riedel, PhD:

Key conditions include the aging population,
an increase in the affordability of healthcare, and innovation that makes possible
truly differentiated products and thus improved quality of life. These are all
positive forces for industry as a whole.

Stephen N. Oesterle,
MD:
Companies like Medtronic are buffered from economic turns in the wrong


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