The world of MedTech is bristling with innovation, with the development of medical technologies progressing at a rapid pace. But the industry is also experiencing unprecedented levels of competition. Many established players and start-ups are now developing service-driven solutions using ‘smart’ devices for better management or treatment of existing and complex conditions such as diabetes and abnormal heart rhythms, as well as creating a new market for wellness solutions.
At the core of many new MedTech innovations are technologies which GJE excels in – big data, wireless communications, photonics, 3D printing, IoT, AI, VR and materials science – as well as our renowned expertise in life sciences, such as regenerative medicine and gene therapy.
For the MedTech sector, as with all our key industry sectors, GJE offers a full range of drafting and prosecution services for patents, trade marks and registered designs, together with oppositions and appeals procedures.
To assist fledgling MedTech entrepreneurs GJE has a portfolio of consultancy services to help protect and grow a business. We can answer fundamental questions about whether the innovation is novel; what competitive threats might be faced and how they can be reduced; how the innovation can be protected through an IP strategy and how the IP can then be leveraged to attract business investment. Many innovations never realise their potential commercial value without substantial investment and that investment will often not be forthcoming without appropriate IP protection.
Investors active in the MedTech sector will be pleased to know that GJE has a dedicated team of attorneys who are focused on understanding the needs of today’s investors and developing services to meet those needs. We are active members of UK Business Angels Association, BVCA, IoD and numerous business angel and business incubator networks, including Angels in MedCity.
If you would like to know more about how our MedTech expertise can benefit your business then please get in touch. We welcome enquiries and will be delighted to explain in more detail why GJE is the right choice for IP.