NCMD
Bringing Together North Carolina’s Medical Device Community
SBIR Seminar
Introduction to NCMD
March 24, 2005
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Andrew DiMeo
North Carolina Medical Device Organization
Andrew@NCMedicalDevice.org
www.NCMedicalDevice.org
Phone: 919.606.1337
Fax: 919.573.9423
Summary
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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
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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
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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.”
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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 Facilities
Map prepared by the NC Dept. of Commerce
Div. of Policy, Research & Strategic Planning
Source: Harris InfoSource referenced August 2004
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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
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• 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
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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
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Board of Directors
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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
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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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