Intersurgical is IMDA's newest
allied member. UK-based company is looking forward
to strengthening its relationships with IMDA members
and engaging in mutually beneficial networking.
Your company 24 months from now. Given rapid changes
in technology and the market, you may not be able to
put together five- or ten-year plans anymore. But
you do need a plan.
One degree of separation. You're that close to a new
product line, specialty or market. So pay attention
to the stepping-stones all around you.
Check out the IMDA Website. Newly posted changes to
the IMDA Website (www.imda.org) reflect news from
the recent Annual Conference in Keystone, Colo., as
well as some of the wishes expressed by IMDA members
at various breakout sessions during the Conference.
Safe and effective? The FDA is preparing a report on
the 510(k) process. Changes could be coming that
will affect manufacturers of innovative medical
devices.
Premier recognizes innovative technology. Premier
Inc., the Charlotte, N.C.-based group purchasing
organization, recognized 23 medical technologies in
its second annual "Innovation Celebration," held in
conjunction with the GPO's recent annual
Breakthroughs Conference and Exhibition in June.
|

Manufacturers of innovative
devices are holding their breath as the Food and
Drug Administration prepares to release a
report on the 510(k) process. |
New Allied Member
Intersurgical looks to strengthen its bond with
IMDA members |
New
allied member Intersurgical Inc. is looking forward to
strengthening its relationships with IMDA members and
engaging in mutually beneficial networking. The company
also looks forward to sharing its unique perspective and
experience in the marketplace with the members of IMDA.
Based in the United Kingdom, Intersurgical -- a
manufacturer of anesthesia and respiratory care products
-- was formed in 1982 and entered the U.S. market in
1991, explains Mary Sweeney, North American marketing
manager. "We have established an outstanding reputation
for manufacturing only the highest quality disposable
products and offering excellent customer service to all
our business partners in the United States, Canada and
Mexico," she says. "Our products are engineered with the
user in mind - easy to use, technologically advanced,
innovative and of the highest quality."
With production sites in Liverpool, N.Y., Guernsey
Channel Islands and Lithuania, the company's products
are manufactured to the highest industry standards, she
says. "ISO 13485 is just as much a part of our daily
production as the strictest adherence to the FDA Quality
System Regulation. [Our production sites] are experts in
extruding, injection molding and blow molding the most
difficult disposable medical products."
Specialty distribution
Specialty distributors have access to Intersurgical's
full range of products, says Sweeney. "We do have
exclusive agreements with some specialty distribution
channels." In fact, it was through its specialty dealers
that Intersurgical learned of IMDA.
Why specialty distribution? "Our product line is most
successfully promoted by sales professionals who can
effectively communicate the unique features and clinical
benefits of a particular product or products," says
Sweeney. "Specialty distribution sales forces tend to
possess the necessary skill sets and clinical
knowledge."
If Intersurgical has faced challenges in working with
specialty sales and marketing companies, it is the
difficulty of putting together a network that will allow
for complete national coverage, says Sweeney. "We have
also found that the limited number of specialty
distributors leads to an environment where there is
intense competition among manufacturers for the time and
attention of dealer sales representatives."
IMDA members interested in learning more about
Intersurgical can visit the company's Website at
www.intersurgical.com, or by contacting Mary Sweeney
at (315) 451-2900 x203 or (800) 828-9633 or by
e-mail.
Return to top
|
2010 Annual Conference
Your company 24 months from now
Will good enough be good enough in two years? |
KEYSTONE,
COLO -- Drawing up five- and 10-year business plans used
to be standard operating procedure among American
business owners. But given the rapid pace of change
these days (technological, economic and otherwise), few
owners are willing to hazard a guess further out than 24
months. Nor should they, said Gerry Layo, Sales Coach
International, Granite Bay, Calif., speaking at the
recent IMDA Annual Conference and Manufacturers Forum.
"But you do need a plan," he said.
A good place to start is asking yourself and your team a
simple question: "What would we dare to define and
design if we knew we could not fail?" Layo said. Here
are some of his tips on coming up with a 24-month plan
you can rally around.
Begin with the end in mind. Envision what your
company will look like in two years. What will your
sales figures be? Revenues? Profits? How will you make
decisions? How will you create what Layo calls a PPOD --
or positive perception of differentiation -- in the
market?
What will your pre-call preparation look like in 24
months? Will you -- as Layo urged IMDA members to do
-- push your sales reps to continually asking
themselves, "What is the purpose of this call?" before
each and every call they make?
What will your brand be in 24 months? What will
make you stand out from your competitors? Try to
synopsize it in one sentence.
How do you intend to make that brand visible?
Will you be strategic about the trade shows you attend,
and how you approach each show? How will you get people
into your booth? What will you tell people you do? What
is your "known-for-ness?" Imagine meeting someone who is
about to meet with 100 of your potential customers. What
do you want him or her to say to them about your
company?
What will define and differentiate you? Consider
this: If you want to get more from your market, give
more to your market. Join trade associations and get
involved in your customers' activities.
How will you add value for your customers? If the
only thing you bring to your customers are products,
chances are your conversations will revolve around
product features and price. How about training?
Financing? Service? Find out your customers' mandates,
and help them achieve them, suggested Layo.
Imagine what referral streams will look like 24
months from now. Based on that, figure out whom you
should be meeting in the hospital today. By building a
good reputation, one that establishes the
trustworthiness of your company, you will diminish the
urgency of two questions on the part of your customers:
"Will this product work?" and "Am I paying too much for
it?"
In 24 months, will yours be a company that gets --
and acts on -- referrals? Don't be afraid to ask a
satisfied customer for a referral…or two, said Layo. And
when you get one, follow up immediately. Don't forget to
thank the customer who gave you the referral.
Ask yourself the tough question: Will my current team
be the ones to drive me to success 24 months from now,
or do I need to replace some people today? "It's
easy to keep some people rather than [fire] them," he
said. "But I'm not talking about what's easy."
Ask yourself, "Am I willing to do what's necessary to
be the company I envision 24 months from now, or is good
enough good enough?" And keep in mind that you might
need to change yourself as much as anyone else on your
team. Are you willing to make those changes in order to
be successful two years from now?
Return to top
|
One degree of separation
You're that close to a new product, specialty or
market.
|
KEYSTONE, COLO
-- Thinking about expanding into a new product area, new
specialty or even new market (e.g., physicians offices)?
Who isn't? Most IMDA members are always thinking about
change. And that's a good thing, said Rick Davies,
Vector Resources, Midvale, Utah, and a speaker -- along
with son and partner Chris Davies -- at the recent IMDA
Annual Conference. "Nature has a name for when things
cease to change," he said. "It's called death."
But change for the sake of change might not be the best
way to go, said Davies, who is the former vice president
of planning and business development for Kendall
Healthcare (now Covidien). Rather, a move into new
markets should meet three criteria, he suggested: It
should be contiguous, strategic and accessible.
Contiguous
The word "contiguous" means "attached to something,
sharing a common border or boundary," said Davies. "At
Kendall, if we lacked presence in a market, a technology
link, or a sales force that was part of the call
pattern, it was not an area allowable for expansion.
Moving from where we were to where we wanted to be had
to be by connected steps."
The title of Davies' presentation, "One Degree of
Separation," underscored the point. "Six degrees of
separation" is the theory that none of us are more than
six people away from anyone else on Earth.
|
IMDA Announcement
Looking for lines?
View a list of all medical devices
receiving FDA marketing clearance in
April by visiting the
FDA Website.
You might find a company in need of your
expertise.
|
|
Strategic
A strategic relationship goes beyond the obvious
financial considerations, said Davies. For example, a
new product might not reap huge profits, but it might
get the distributor's foot in the door of a new
department. That said, any new product must meet what
Davies called the "medical device triad." It must be
needed, wanted and cost-effective. Today, to be needed
means it must yield improved clinical outcomes. For
clinicians to want a product, it must be easy to use,
and it doesn't hurt if it also makes the clinician look
good. And it goes without saying that the product's cost
to the provider must be reasonable.
"How many products have you come across that the market
doesn't need or want, or that cost too much?" he asked.
"Yet manufacturers put all their horses behind it,
trying to convince everyone that they do need it and
want it." Those are horses to stay away from, he said.
Accessible
"How accessible is the opportunity you're
contemplating?" Davies asked conference attendees. Is it
close to what you're already doing? If the technology
you're thinking about targets a specialty that you don't
currently call on, but which is in the hospitals you
already serve, it might be a good opportunity. But if
the technology is used in non-acute-care settings, you
might want to stay away from it, unless you're prepared
to service those facilities on a regular basis.
Some final thoughts:
-
First, the
ER is the gateway to the hospital, according to
Davies. Most products that IMDA members sell can be
used there. "If you have an excuse to walk into the
ER with a product, then you can walk anywhere in the
hospital with it."
-
Second,
leverage your contacts. All of them. Your kids might
be on the same soccer team as the son or daughter of
an influential physician or department head. An IMDA
colleague might be carrying products in a
non-competing territory that would round out your
portfolio too. And your sales reps might have
valuable contacts or expertise gained on their last
job. Tap into it.
Return to top
|
Check out the IMDA
Website |
Newly posted
changes to the IMDA Website (www.imda.org)
reflect news from the recent Annual Conference in
Keystone, Colo., as well as some of the wishes expressed
by IMDA members at various breakout sessions during the
Conference. Highlights include:
-
An updated
"List of companies taken to market." The old list
was compiled more than 10 years ago. The new one
isn't intended to list every company taken to market
by IMDA members since the association's founding in
1978, but it does reflect the impact specialty sales
and marketing organizations have had on the market
through the years. The list was compiled with input
from the entire IMDA membership, and is designed to
demonstrate to manufacturers visiting the web the
effectiveness of specialty sales and marketing. To
view it, go to
http://www.imda.org/manufacturers/companies_taken_to_market.htm.
-
A new
section for providers, which can be accessed from
the home page. The section not only lists IMDA
members as well as the companies taken to market,
but two short pieces discussing the important role
of technology in healthcare, and the role of
specialty distributors and reps in bringing that
technology to providers.
-
A
comprehensive review of the 2010 Conference (http://www.imda.org/documents/2010ConferenceSummary.pdf).
This review is open to the public and is intended to
demonstrate the value that potential members and
manufacturers can derive from IMDA's conference.
More changes are
coming. For example, work is being done to update the
ROI calculator, designed to help manufacturers of
innovative technologies compare the cost of selling
direct vs. outsourcing sales and marketing to IMDA
members.
Return to top
|
Safe and effective?
FDA studies 510(k) program. Changes could be coming. |
The Food and
Drug Administration reports it is on track to release a
report in several weeks on suggested changes to the
510(k) marketing clearance program. After the report has
been released, the agency's Center for Devices and
Radiological Health -- which oversees the program -- will
solicit public comment on it. Meanwhile, the industry
was buzzing about what changes might be in store.
"There's a lot of rumor mill about what we're going to
do, but we've not said we're doing A, B, C or D,
specifically," CDRH Director Jeffrey Shuren, MD, told
Massachusetts Medical Devices Journal, following a
second "town hall" meeting on the subject in Woburn,
Mass., in June.
Bad press brings on storm
The 510(k) process came under attack most recently in
March 2009, when the Wall Street Journal published a
damaging article titled "Political Lobbying Drove FDA
Process." The article explained in detail how ReGen
Biologics obtained 510(k) marketing clearance for its
meniscus-repair product. Clearance came only after years
of a bitter struggle with the FDA, as well as charges
that Congressional representatives and others had
bullied the FDA into granting 510(k) clearance.
The 510(k) process calls for the manufacturer of a new
device to demonstrate that the device is substantially
equivalent to one already on the market. Critics have
charged for some time that the FDA is too lax in
allowing manufacturers of Class III devices -- those
deemed highest-risk -- access to the market through the
510(k) process. The ReGen Biologics debacle may well
have been the straw that broke the camel's back.
Following ReGen Biologics, the FDA commissioned the
Institute of Medicine to study the 510(k) process. The
agency also announced that its own Center for Devices
and Radiological Health would convene an internal
working group to "evaluate and improve the consistency
of FDA decision-making in the 510(k) process."
In his most recent comments, Shuren said it was
premature to speculate on what the FDA would propose.
"The real test of the program is whether or not, when
we're making a decision for a device to go on the
market, there are truly reasonable assurances of safety
and effectiveness," he said. He did offer one clue,
saying that manufacturers applying for 510(k) clearance
would probably be required to submit more clinical data
than in the past.
Watch IMDA Update for developments.
Return to top
|
Premier recognizes innovative medical technologies |
Premier Inc.,
the Charlotte, N.C.-based group purchasing organization,
recognized 23 medical technologies in its second annual
"Innovation Celebration," held in conjunction with the
GPO's recent annual Breakthroughs Conference and
Exhibition in June.
Though preference was given to Premier's contracted
suppliers, non-contracted suppliers were free to apply
to exhibit at the event. If selected, non-contracted
suppliers were expected to begin discussions with
Premier about adding the technology to Premier's
contract portfolio. The number of technologies was
limited to 30. No application or registration fee was
required.
The technologies recognized in the Innovation
Celebration were selected by a committee of Premier
members. To be considered, technologies had to meet
these criteria:
|
IMDA Announcement
Spread the word about your
association
At the next clinical meeting you attend,
let other specialty distributors and
reps know about your association. IMDA
has prepared a simple, one-page flyer
describing five benefits of joining the
association. Before your next clinical
meeting, print out a few, then hand them
out to prospective members. Go to "Let
Others Know about IMDA" in the "Members
Only" section of
imda.org.
Remember: IMDA's strength lies in
numbers. Help us keep them up, and keep
us strong.
|
|
The technologies
selected for 2010 (with descriptions provided by
manufacturers) were:
-
Double Black
Imaging DBI2110MP-PP, a 10-megapixel high bright
monochrome LCD designed for mammography.
-
Trinova
Medical Waste Solutions infectious waste system,
which shreds waste, reducing it by 80 percent, then
treats remaining waste with chlorine dioxide for
landfill.
-
ReavillMED
catheter (ReavillMED LLC), a completely enclosed
method of central line insertion that starts as a
peripheral IV and can be quickly transformed into a
larger catheter for volume resuscitation and/or a
central line.
-
Rainbow Flex
Procedure System (NeoForce Group), a two-piece
warmer and surgical platform for premature babies or
newborns who must undergo clinical procedures.
-
Griggs™
Percutaneous Dilation Blue Line® Ultra® tracheostomy
kit (Smiths Medical), designed to allow surgeons to
achieve bedside placement of a tracheostomy tube
without the risk of damaging tracheal structures via
anterior to posterior compression.
-
Sorbaview
Shield (Centurion Medical Products Corp.), hybrid
dressing employing a shield designed to yield a
seven-day catheter dressing with built-in
securement.
-
HemCon
antimicrobial IV dressing (HemCon Medical
Technologies Inc.), indicated for the control of
surface bleeding from vascular access sites and
percutaneous catheters.
-
AirStrip OB
(AirStrip Technologies), mobile software solution
for remote patient monitoring, transmitting medical
information from hospital monitors to physicians'
smart phones.
-
KimVent
multi-access port closed suction catheter
(Kimberly-Clark), designed to maintain the closed
circuit while allowing the care provider to perform
diagnostic procedures or change the closed suction
catheter.
-
Symbiq-EndoTool integration software (Hospira),
designed to allow hospitals to move to
software-based protocols integrated with the
infusion pump delivering IV medications, e.g.,
insulin.
-
Carestream
DRX-1 system (Carestream Health Inc.), a wireless,
cassette-sized, battery-powered, flat-panel digital
radiography (DR) detector.
-
UltraSonic
cardiac output monitor (Spacelabs Healthcare),
Doppler ultrasound device designed for non-invasive
assessment and management of circulation.
-
LodgeNetRX
interactive patient television system (LodgeNet
Healthcare), said to transform patient room TV into
a two-way communication device.
-
Power Pole
(NK Medical Products), an infusion stand designed to
elevate four 10-pound bags with one hand, without
cords, plugs or batteries.
-
AccuCirc
(Clinical Innovations), single-action circumcision
device.
-
CORTRAK®
enteral access system (CORPAK MedSystems), said to
use computer technology to guide clinicians in
placement of feeding tubes.
-
Navigator
BioNavigator system (CORPAK MedSystems), an
external, handheld, battery-powered electronic
PICC-tip-locating device for adults and neonates.
-
Opticath
ScVO2 advanced sensor probe and catheter (ICU
Medical), indicated for the continuous in vivo
measurement of the oxyhemoglobin saturation of blood
in the central venous system.
-
QED-100
anesthesia recovery device (Sagent), designed to
actively remove residual inhaled anesthetics at the
end of surgery.
-
Hand hygiene
compliance solution (Dynamic Computer Corp.), a
system of badges, ceiling sensors and soap/sanitizer
dispensers retrofitted with sensors.
-
Alaris
glycemic control (CareFusion), a glycemic control
feature for the Alaris System that uses GlucoTec's
algorithm.
-
iCOMPEL
(Black Box Network Services), a digital signage
solution, allowing users to create, distribute and
manage digital signage.
-
Thopaz
(Medela Healthcare), said to promote mobility for
chest drainage patients through an integrated
suction pump.
IMDA members can
alert their manufacturers to apply for Premier's 2011
Innovation Celebration by sending an e-mail to
innovationcelebration@premierinc.com.
Return to top

|
IMDA Update
Published by IMDA
5204 Fairmount Ave., Downers Grove, IL 60515
Phone: (630) 655-9280
(866) IMDA-YES (866-463-2937)
Fax: (630) 493-0798
Website:
www.imda.org
E-mail:
imda@imda.org
|
| Staff
Katie Swartz: Executive
Director
Judy Keel: Executive Vice President
Patti Perillo: Senior Administrator
Mary Moran: Chief Financial Officer
Mark Thill, Editor &
Communications Director (224) 735-3297
Mitchell Kramer, Legal Counsel (800) 451-7466
Barbara Kramer, Legal Counsel (734) 930-5452
George Ayd, Jr., Insurance
Administrator
(703) 652-1309
|
|
| 2010-2011 Directors
President
Kevin Trout, Grandview Medical Resources, Inc.
(412) 914-0950
President-Elect
Anthony Marmo, Martab Medical (201) 512-1100
Secretary/Treasurer
Hal Freehling, Jr., O.E. Meyer Company (419) 609-1633
Chairman of the Board
Dave Campbell, PhD, Vital/Med Systems Corporation
(303) 660-0888
Directors-at-Large
Tom Birmingham, Bay State Anesthesia, Inc. (978) 682-6321
George Howe, Mercury Medical (727) 573-0088
John Kasberg, Genesis Medical, Inc. (317) 347-2000
Philip M. Reilly, KOL Bio-Medical Instruments, Inc.
(703) 378-8600
Don Reiter, SRC Medical
(818) 717-8807 x19
Bill Schultz, IPV Medical, LLC (760) 212-2769
Don Sizemore, D&D Medical, Inc. (615) 859-2337
Past-President
Shawn Walker, Bay State Anesthesia, Inc. (978) 682-6321
Manufacturer Representative to Board
Tim Beevers, Beevers
Manufacturing & Supply
(503) 472-9055 |
|
| The ideas presented in this newsletter may or
may not be applicable to your particular situation. Always
consult your tax advisor, attorney or CPA before putting them
into effect. |
|
|