The North Carolina Biotechnology Center organized a workshop to help companies take a medical device from concept to market.
The seminar, held yesterday in Raleigh gave engineers and technicians who design, build and test medical devices a chance to hear case studies of companies that successfully marketed new products.
The Biotechnology Center said the U.S. medical device market is worth nearly $60 billion. Demand for new medical treatments is increasing as baby boomers age.
The Food and Drug Administration says getting a medical device product to market depends on knowing where to begin. The agency says companies also need to make sure every step complies with FDA health and safety regulations.