In this episode of the medDesign Podcast, we delve into the world of healthcare innovation with Andy Kant, Director of FastTraCS at UNC Chapel Hill. Andy shares his insights on translational research, the challenges of commercialization within university systems, and the origin story of the med+Design program.
Key Topics Covered:
Translational Research: Understand the journey of medical innovations from bench to bedside, and the importance of a bedside-to-bench-to-bedside approach.
Clinician Engagement: Learn how FastTraCS empowers clinicians to lead innovation and solve real-world healthcare problems.
Commercialization Challenges: Discover the complexities of bringing medical innovations to market, from navigating university systems to securing intellectual property.
The Future of Healthcare: Explore Andy's vision for the future, including the role of AI, continuous patient monitoring, and addressing healthcare disparities.
Who is the episode for?
For Healthcare Professionals: Gain insights into how to actively participate in the innovation process and drive meaningful change in patient care.
For Medtech Entrepreneurs: Learn about the challenges and opportunities of commercializing medical technologies within academic settings.
For Anyone Passionate About Healthcare: Discover the inspiring stories behind translational research and the individuals dedicated to improving patient lives.
Links:
Connect with Andrew Kant: https://www.linkedin.com/in/andrewkant/
Learn more about FastTraCS: https://tracs.unc.edu/index.php/services/fasttracs
Free Learning for You:
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https://www.trig.com/guidebooks/design-history-file-ready-ideation-guidebook
Increase your likelihood to raise capital with our Concept Storyboard Guidebook: https://med.trig.com/concept-storyboard
Free Creativity Course for Nurses:
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00:00 Welcome to the medDesign Podcast
00:05 Introducing Andy Kant: Healthcare Innovator
01:24 Understanding Translational Research
04:11 The FastTraCS Program: Goals and Evolution
05:56 Challenges and Strategies in Healthcare Innovation
07:51 The Complexity of the Healthcare System
16:01 Commercialization in Academic Settings
23:03 The Legacy of Intellectual Property in Academia
23:22 Pros and Cons of University-Owned IP
24:16 Challenges with Licensing and Commercializing IP
27:58 The Role of Students in IP Ownership
29:32 Navigating Multi-Institutional IP Agreements
30:40 Future Trends in Healthcare Innovation
31:16 The Impact of AI and Continuous Monitoring
42:04 Personalized Medicine and Economic Barriers
43:30 Advice for Healthcare Innovators