Medical device technology is a $300 billion plus industry. It’s one of the biggest industries in health care, and growing demand for state-of-the-art consumer medical devices – gadgets that enable the average person to watch their own health and manage conditions such as diabetes, hypertension and more – is driving this explosive growth.

The medical devices industry is the convergence of health care technology and electronics. It’s a fast-moving market, especially when it comes to patent technology, where both the patent and technology lifespan are limited, and commercializing them in the market sooner than later is the goal. It’s an industry that is becoming a high-volume consumer electronics market in which technical innovation, cost control and IP are critical to commercial success.

Many dominant medical technology companies and pharmaceutical firms, such as Johnson & Johnson, General Electric, Medtronic, Baxter International, and Cardinal Health are making big investments in the sector in hopes of capitalizing on the trend towards personal wellness and home-based self-care.

It’s also a very competitive industry and succeeding requires staying informed on the best practices for product development, marketing, sales, financing, IP management and licensing. So where do you go to find out the best practices for managing and building your med tech business?

One of the best resources is the upcoming Med Tech Monday Conference on August 7th in Irvine CA. Recently I spoke with Dan Golka, the Founder of Med Tech Monday, about the conference and the tremendous value if offers for med tech companies, investors and startups. During this interview, Dan shared why he started the conference and why it’s quickly becoming one of the best resources for startups and businesses in the med tech industry.


Interview with Dan Golka, Founder Med Tech Monday Device Conference


You’ll hear more about what goes on during this one day conference, featuring speakers from all areas of the med tech industry … from FDA approvals to selling internationally to funding opportunities. There are presentations by startups with some exciting new technologies such as blood sampling, medical information processes, and neurological testing devices (if you’re a startup there’s still time to apply to pitch your company). You’ll learn about the special panel of successful women med tech entrepreneurs who share their experience on how they built and sold their med tech businesses. And I’ll be speaking on medical device technology licensing and how to use it as part of your business strategy.

You can find out more about the Med Tech Monday Conference at www.medtechmonday.com. And for a limited time Dan is offering LCG subscribers a discount of $95 off the conference price of $295. Just enter the promotional code LICENSINGCG1 when you register.

Mr. Brenner has over 30 years IP management and licensing experience with various industries including consumer products, food, entertainment, software,health technology, medical devices and digital media. He has led international licensing programs as both licensee and licensor, and through consulting projects focused on strategy and management, outbound / inbound licensing initiatives, and IP audits and due diligence.. He has developed and managed deals with Fortune 1000 companies including Universal Studios, Fox Interactive, Sony Pictures, Dow, Cargill, SmithKline Glaxo, Ranir, Coca Cola, Kellogg’s, Hasbro, Mattel, and others. He is a public speaker and published writer, and has taught classes at the university level. His speaking events have included UC Irvine, Tritech/SBDC, Irvine Chamber, Fast Start Studios, ICFO Investors Conference, San Diego Investment Conference, Westlaw Legal Center (NYC), National Speakers Association, and the Hong Kong FilmArt Expo. He has written several articles on licensing intellectual property which have appeared in the Licensing Journal, Intellectual Property Magazine, and License India.

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