Edison Nation Medical and AARC Team Up to Search for Innovations from Respiratory Therapists
Premier healthcare innovation marketplace, Edison Nation Medical, and the American Association for Respiratory Care (AARC), announce a global search to uncover innovations for improving the process, outcomes and comfort for patients requiring intubation and mechanical ventilation. AARC’s partner, Edison Nation Medical, provides open innovation platforms for anyone – including physicians, nurses, entrepreneurs, patients and caregivers – to submit their medical invention ideas for full evaluation and potential commercialization. Innovation submissions will be reviewed through Edison Nation Medical’s 8-step evaluation and the best ideas will be presented to medical device manufacturers for potential commercialization. If selected, inventors receive an advance of $2500, 50% of licensing royalties or revenues, and will be listed on the patent.
“Mechanical ventilation is a critical intervention for the most seriously ill patients and we know there are great ideas out there on how to improve the mode of delivery, safety, outcomes, and comfort for patients,” said Robert Grajewski, president of Edison Nation Medical. “AARC advocates on behalf of patients as well as respiratory care therapists, and they’re committed to uncovering innovations that improve patient outcomes.”
“Many respiratory therapists work extensively with mechanical ventilation and face daily challenges in its administration to patients – making it vital to explore their ideas that might improve processes, technology and overall patient care. We want to encourage our members to submit their ideas to Edison Nation Medical for evaluation and utilize their membership benefits while contributing to the medical profession,” states AARC’s CEO and Executive Director Thomas Kallstrom MBA, RRT FAARC.
This innovation search is open now through October 31, 2015. Submissions require a minimal investment of $25 for AARC members.