Business Proposal Overview
Medtronic is interested in collaborating with pharmaceutical and biotech companies to develop new drug-device therapies for neurodegenerative diseases and other conditions of the central nervous system.
By partnering with us, you receive access to our infusion solutions, technical expertise, and functional support. The partnership allows you to leverage your expertise and resources, lead the clinical trial, and maintain all drug/biologic manufacturing operations.
Ultimately, you manufacture and sell the drug, and Medtronic sells and supports the device. The presentation below describes a range of other benefits.
Module 5: Business Proposal and Opportunity Definition
The presentation below describes the opportunities available to partners.
Partner Roles
In a partnership for developing a drug-device therapy, each company typically plays these roles. The responsibilities may vary depending on resource availability and capabilities.
| Activities of Medtronic, in Full or Supportive Role | Suggested Activities of Pharma/Biotech Partner |
|---|---|
Device development, testing, and analysis
|
Pharmaceutical
|
Drug-device testing and analysis
|
Pharmaceutical testing and analysis
|
Pharmacometric modeling and scale-up
|
Demonstrated proof of concept
|
Pre-clinical studies, large animal
|
Pre-clinical studies, small animal
|
Device manufacturing
|
Pharma/biologic manufacturing
|
| Device master file | Investigational new drug/Clinical trial applications |
Infusion system-related support role in clinical studies:
|
Lead role in clinical studies |
- Medtronic does not provide financial support.
- Specific details about the compatibility and infusion system stability process are proprietary. A high-level process outline and right-of-reference will be provided for those details as needed.
- All drug/biologic manufacturing operations are the sole responsibility of the pharma/biotech partner.
- Devices and therapeutic uses require regulatory approval prior to commercialization.
Process and Timeline for Forming Partnership
| Action | Estimated Timeframe |
|---|---|
| After initial contact: | |
|
1 week |
| If decision to proceed: | |
|
2 weeks |
|
2 weeks |
| If decision to proceed further: | 3-4 weeks |
|
|
| Following agreement on concept sheet: | 4-6 weeks |
|
This website includes the description of devices and therapeutic uses that are not commercially available and are for investigational use only.
See Important Safety Information on the market-released Medtronic products and therapies discussed in the presentations on this website: SynchroMed® II and DBS Therapy.