Generic Medical Devices Inc.
This article was originally published in Start Up
Executive Summary
Can generics, which have had a significant impact on the pharma market, make a similar dent in the medtech world? Generic Medical Devices intends to find out. It will manufacture and sell generic versions of off-patent devices that have become the gold standard in their respective indications. Expedited regulatory, reimbursement and marketing will enable GMD to price its products at a substantial discount to their branded counterparts.