Prestigious annual pitch on pediatric medical devices

ByLance T. Lee

Apr 5, 2022

Washington DC, April 05, 2022 (GLOBE NEWSWIRE) — Recognizing the continuing gap in the development and commercialization of medical devices for children versus adults, the National Capital Consortium for Pediatric Device Innovation (NCC-PDI), in collaboration with MedTech Innovator, is accepting entries through April 22, 2022 for its annual “Make Your Medical Device Pitch for Kids!” competetion. Recognizing the wide range of unmet needs for diagnostic and therapeutic devices designed specifically for children, this year’s competition is open to any innovation in medical technology that addresses a significant unmet need in pediatric medical care.

“As one of five FDA pediatric device consortia, NCC-PDI is focused on finding and addressing significant unmet needs in pediatric medical technology,” says Kolaleh Eskandanian, Ph.D., MBA, PMP, Vice President and Chief Innovation Officer at Children’s National Hospital and NCC-PDI Principal Investigator. “While great strides are being made in medical devices for adults, children are often left behind because the pediatric market is small and there are no incentives to expand for pediatrics. This pitch competition helps to recognize and support the advancement of innovations that can specifically address the needs of pediatric patients.

Using a virtual format, semi-finalists chosen from all submissions will make their first pitch on May 20, 2022. Up to six finalists selected from this first round will earn participation in a special pediatrics-focused track of the program. MedTech Innovator Accelerator, the world’s largest medical device accelerator, starting in June 2022. These innovators will then compete in the competition finals in fall 2022 where judges will award up to $150,000 in grants sponsored by the FDA to the devices selected as the most impactful and commercially viable.

“Medical devices created for children face many unique hurdles on the journey to market. That’s why it’s so important to provide support through the MedTech Innovator Accelerator Program, where we offer promising innovators valuable mentorship and guidance from seasoned industry leaders,” says Paul. Grand, CEO of MedTech Innovator. “Our program is designed to build a strong foundation that propels innovators to market where they can positively impact pediatric health.”

Unlike adult devices, the development and commercialization of pediatric medical devices are about five to 10 years behind schedule. Programs such as the NCC-PDI Pitch Competition and the MedTech Innovator Accelerator Program provide innovators with access to information and expert consultation to help overcome regulatory hurdles and move forward. the product development journey.

“For years, physicians have been challenged by the lack of innovation in the pediatric field. Advancing technologies that address the unique developmental needs of children is critical to advancing pediatric health,” says William E. Bentley, Ph.D., Robert E. Fischell Distinguished Professor and Director of the Robert E. Fischell Institute. for biomedical devices at the University. of Maryland. “We look forward to welcoming viable innovations to this year’s competition and helping entrepreneurs take this important next step on the road to commercialization.

NCC-PDI is one of five members of the FDA’s Pediatric Device Consortia Grant Program established to support the development and commercialization of medical devices for children. The NCC-PDI is led by the Sheikh Zayed Institute for Pediatric Surgical Innovation at Children’s National and the A. James Clark School of Engineering at the University of Maryland with support from partners MedTech Innovator, BioHealth Innovation, and design firm Archimedic.

Eskandanian adds that supporting the progress of pediatric innovators is a key goal of the new National Children’s Research and Innovation Campus, a one-of-a-kind ecosystem that drives discoveries that save and improve children’s lives. On a nearly 12-acre portion of the historic former Walter Reed Army Medical Center in northwest Washington, D.C., Children’s National has combined forces with those of public and private partners, including industry , universities, federal agencies, start-ups and academic medical centers. The campus offers a rich environment of public and private partners who, like the NCC-PDI network, will help strengthen pediatric innovation and commercialization.

For more information and to apply for the next NCC-PDI pitch competition, visit the MedTech Innovator website.

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About Children’s National Hospital

The Children’s National Hospital, based in Washington, DC, was established in 1870 to help every child grow stronger. Today, it is among the top 10 children’s hospitals in the country. It is ranked #1 for newborn care for the fifth consecutive year and ranked in all specialties assessed by US News & World Report. Children’s National is transforming pediatric medicine for all children. The Children’s National Research & Innovation Campus opened in 2021, a one-of-a-kind pediatric center dedicated to developing new and better ways to care for children. Children’s National has been designated a Magnet® Hospital three times in a row, demonstrating the highest standards of nursing and patient care. This pediatric academic health system provides specialty care through a convenient community primary care network and specialty care centers throughout the DC metro area, including Maryland and Virginia. Children’s National is home to the National Children’s Research Institute and the Sheikh Zayed Institute for Pediatric Surgical Innovation. He is recognized for his expertise and innovation in pediatric care and as a strong voice for children through advocacy at local, regional and national levels. As a non-profit organization, Children’s National Hospital relies on generous donors to ensure that every child receives the care they need.

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About the University of Maryland

The University of Maryland, College Park is the state’s flagship university and one of the nation’s leading public research universities. A world leader in research, entrepreneurship and innovation, the university has more than 40,000 students, 10,000 faculty and staff, and 300 academic programs. As one of the nation’s leading producers of Fulbright scholars, its faculty includes two Nobel laureates, six Pulitzer Prize winners, and 58 members of the National Academies. The institution has an operating budget of $2.3 billion and secures more than $1.3 billion annually in research funding with the University of Maryland, Baltimore. For more information about the University of Maryland, College Park, visit www.umd.edu.

About MedTech Innovator

Based in Los Angeles, California, MedTech Innovator is the world’s largest medical device company accelerator and the medtech industry’s first not-for-profit startup accelerator. Its mission is to improve the lives of patients by accelerating the growth of companies that transform the healthcare system. MedTech Innovator connects healthcare industry leaders with innovative early-stage and emerging-growth medtech companies for mentorship and support. For more information about MedTech Innovator, visit https://medtechinnovator.org/ and follow @MedTechAwards on Twitter and on LinkedIn. To receive industry insights and highlights on current and former MedTech Innovator participating companies, subscribe to its monthly newsletter.

Media Contact: Samantha Desmond | 713-524-8170 | (973) 903-8300 or Cherri Carbonara | 713-524-8170 | (832) 473-6380



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