Industry Expertise

Increased focus on value in healthcare forces medical device companies to innovate while simultaneously delivering growth and profitability. New product and business models, a rigorous quality approach, and world-class design and engineering are required to win in the medical device arena. Veranex helps medical device companies advance innovation, fueled by our deep understanding of unmet market needs — from clinician to payer to patient — and our exceptional product development and commercialization expertise.

Focus Areas:

Catheter-based delivery systems
Digital surgery
- Minimally invasive surgical devices
- Surgical robotics

Imaging
Infusion systems
Nerve stimulation
Remote monitoring
Therapeutic implants
Visualization

Services:

Market opportunity assessment
Regulatory strategy
Design and engineering
Prototyping and manufacturing
Quality management
Preclinical services

Evidence development strategy
Clinical development services
Clinical data management and analytics
Health economic analysis
Pricing strategy

Therapeutic Services:

Orthopedics
Cardiovascular
Diabetes
CNS/Neurology
Wound care
OB/GYN
Pulmonology
Oncology

Imaging/Visualization, all modalities
Ophthalmology
Women’s health
Surgical devices
Drug delivery/Combination products
Inpatient monitoring
Remote monitoring/Home health

Case Study Highlights

Veranex worked with Gentura, a Bay Area startup company, to develop a self-contained, real-time PCR testing cartridge — the first of its kind on the market — to make molecular diagnostics accessible to more patients and providers. Through this partnership, Gentura obtained a fully functional sample-in, answer-out prototype testing device in less than a year, followed by simplification of the PCR cartridge and reduction in cost of goods (COGs) to a more viable market price.

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Veranex developed a smart controller to connect an infusion pump designed for post-operation pain management to a patient’s mobile device using Bluetooth Low Energy (BLE), allowing collection and transmission of remote data via a HIPAA-compliant cloud infrastructure. This end-to-end system provided valuable information to the surgeon regarding the functionality of the device and helped determine optimal medication dosage, while also giving patients insight into their post-op progress.

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Working with a pair of twin inventors, Eric and Evan Edwards, who were motivated by their own experience with life-threatening allergies, Veranex helped bring to market an innovative, easy-to-use epinephrine pen injector, equipped with a safer injection method than other devices, voice prompts explaining its proper use, and a slim, portable design. An epinephrine pen developed for patients, by patients, this device resolved multiple misuses common in existing products, greatly reducing the risk of user error, and preserving the safety of allergy-susceptible patients around the world.

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Robotic laparoscopic surgery enables more precise, less invasive operations than traditional surgical methods, but the bulkiness, inflexibility, and expense of today’s robotic surgical systems limits their accessibility. This case study describes how Titan Medical sought to leverage Veranex’s experience in concept generation, human-centric design, preproduction prototype development, and mechanical engineering to overcome these limitations and develop a more precise and practical device, which could be adopted for a wider range of procedures in secondary and tertiary hospitals, and even for ambulatory surgical centers.

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