Introduction to Physician Inventing
An overview of physician inventing and what it will take to successfully bring your idea to market. The importance and need for patents will be introduced.
How to Spot Opportunities for Inventions
How physicians have turned problems they have encountered in clinical practice into successful inventions.
How to Tell if Your Invention Idea Is a Good One: The 10 Step Process
An explanation, with specific examples, of the 10 step process that all physicians should go through to analyze their idea. A discussion of viability, market size, competing products, potential profit, purchases, and cost effectiveness.
Does Someone Else Already Have a Patent?
How physicians, before spending money on lawyers and patents, can perform a quick search to see if others have already patented their idea. Faculty demonstrates the quick search process.
The recent changes in the patent law and the pros and cons of filing a provisional patent to protect your idea. What should and should not be included in your provisional patent.
Non-Disclosure Agreements (NDAs)
The use of non-disclosure agreements (NDAs) to protect yourself and your idea.
Do You Need a Prototype?
The advantages and disadvantages of creating a prototype of your invention. How to obtain a prototype in an efficient, safe, and cost-effective manner.
Case Studies of Physician Inventions
Several successful physician inventions from idea formulation through product launch.
The Biggest Mistakes Physician Inventors Make and How to Avoid Them
Faculty utilizes their many years of experience to point out the mistakes physician inventors typically make. Specific techniques and checklists to avoid these mistakes.
Making Money from Your Invention
The various ways physicians can benefit financially from their inventions. The pros and cons of licensing, sale, and starting your own company will be explored in detail. Learners will be presented with some of the more successful physician inventions and the amounts of money generated by their invention.
Do You Have the Time?
A frank discussion about the time and effort you will have to devote to successfully bring your idea to market. A timeline for the invention cycle will be offered.
What Every Physician Inventor Needs to Know About Patent Law
An intensive tutorial on what every physician inventor needs to know about patent law. Faculty will emphasize the practical application of the law to the decision making process of the physician inventor.
Financing Your Invention
Alternative methods for financing your invention, including: self-funding, investors, venture capital, etc. The issues of undercapitalization, maintaining control, and when and how to seek financial assistance are addressed.
One Stop Shopping
The advantages and disadvantages of companies and incubators, both in the public and private sector, who can help bring your idea to market. Red flags to look out for in these relationships.
Who are the Big Players and How Do They Operate?
Faculty discuss the ten major licensors and purchases of physician inventions and will explain their corporate culture, use of NDAs, track records of success, and methods of operation. Key players and their roles will be explained.
Finding the Right Lawyer
The attributes physicians will want to look for in their patent lawyer.
Resources for Physician Inventors
A review of the numerous resources available to physician inventors to assist them in bringing their idea to market.