Great product development starts with a high-level company plan. Think of portfolio management like a roadmap and use these tips to guide where you're going, how to build a set of directions, and consider what it will take to reach your destination.
More surgeons are campaigning to "save the meniscus" to aid knee joint preservation. Orteq Sports Medicine's ACTIfit, a biodegradable scaffold that provides a unique alternative to a partial meniscectomy, recently received FDA Breakthrough Designation.
Sharing Design Failure Mode and Effects Analyses is a benefit to both OEMs and suppliers, resulting in a smoother manufacturing process and identification of issues earlier in the product development process.
"We now have a functioning prototype that shows we can gauge the micro-motion of conductive implants to within 20 microns. A sensor placed externally to the prosthesis can communicate with it and send that data to a transceiver," says John Lucey, M.D., Founder of OrthoDx.
We all want to make better decisions. In a world of uncertainty, using data is the best way to do that. Start simple with statistical methods you can understand and can explain to a colleague.
