e-Zassi Secure Online Community Assesses Medical Device Designse-Zassi Secure Online Community Assesses Medical Device Designs

May 27, 2009

1 Min Read
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Contract manufacturer Zassi Medical Evolutions (Fernandina Beach, FL) has launched a spin-off, e-Zassi.com, that will function as an online community that enables subscribers to privately and securely market their medical technologies to potential development partners so that intellectual property is not jeopardized. Currently offering three-month trial memberships, as well as free 12-month memberships for students, the program is designed to facilitate connections between investors and venture capitalists with academic researchers, technology-transfer departments, and service providers.The e-Zassi program uses an innovation assessment tool to identify what it calls device network attributes to evaluate critical elements of the device design and use those attributes to match the designer with appropriate investors. The information gathered for the device profile is also used by the system to identify elements of the design that are hindering it from being successfully funded, licensed, developed, or commercialized. Such elements that the system screens for include having a clear regulatory classification and direction, as well as identification of material manufacturing, distribution, and sales concerns, associated clinical endpoints to support the safety and marketing claims to earn market clearances, and potential reimbursement and market landscape issues.The system is currently being used to assess technologies for cardiology, urology, orthopedic, and minimally invasive surgery applications. In light of the recent economic downturn and an overall drop in venture capital the medical device manufacturing industry in the first quarter of 2009, the company hopes that members of industry and students will take advantage of this online community in order to bring together partnerships and get devices to market faster.

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