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DePuy Synthes Mitek Sports Medicine

DePuy Synthes Mitek Sports Medicine

About DePuy Synthes Mitek Sports Medicine

DePuy Synthes Mitek Sports Medicine is the leading developer and manufacturer of orthopaedic sports medicine products, soft tissue repair devices, joint movement solutions and minimally invasive and arthroscopic solutions. Through the ongoing process of improving upon and creating new, technologically advanced instruments and techniques, DePuy Synthes Mitek Sports Medicine looks to continue to advance procedural solutions in sports medicine and soft tissue repair.

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DePuy Synthes Mitek Sports Medicine

325 Paramount Drive
Raynham, MA 02767
Tel: (800) 382-4682
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Additional Information

We offer minimally invasive and arthroscopic surgical solutions that address the challenges of soft tissue repair in the knee, shoulder and other joints as well as nonsurgical treatments such as ORTHOVISC® (High Molecular Weight Hyaluronan), an FDA-approved nondrug therapy for the treatment of mild-to-moderate pain due to osteoarthritis. Our suture anchors are used to reattach damaged ligaments and tendons in the hand, wrist, thumb and ankle, as well as in certain plastic surgery and craniofacial procedures. In addition, our portfolio extends to a wide array of innovative products for anterior cruciate ligament, meniscus repair and cartilage repair surgery in the knee.

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Idea Center

Many of the advances made at DePuy Synthes Mitek Sports Medicine have come from you - the physicians, nurses, healthcare workers, and researchers - who know and use our products. DePuy Synthes Mitek Sports Medicine provides the Idea Center as an easy way for you to submit your ideas to us.

Whether you have a suggestion for improving a product already on the market, or you have an entirely new idea or invention, we are interested in hearing from you. The DePuy Synthes Mitek Sports Medicine Idea Center enables us to connect with healthcare professionals so that, together, we can continue to advance patient care through innovation.
Breadth of Research

Johnson & Johnson is the world's most comprehensive and broadly based manufacturer of health care products, as well as a provider of related services for the consumer, pharmaceutical and medical devices and diagnostics markets. Our operating companies manufacture and market thousands of products that cover a wide range of diseases and conditions (see http://www.jnj.com/product/conditions/index.htm). Our research and development interests encompass all fields of science and engineering that have the promise of having a positive impact on human health.

Developing Your Idea

The first step to developing an idea is to do some research to determine its marketability. Marketability refers to the anticipated reception of your invention in the market. The Internet and your local public library are great starting points for finding relevant market information. Likewise, a visit to a health sciences library at a major medical school can provide additional resources to begin researching medical specialties and procedures.

In this section, you will find information adapted from The Inventor's Bible by Ron Docie, Sr., that can help you evaluate and further develop your idea.

Here are some important questions to ask yourself when analyzing marketability:

  • Improvement: Is there a gold standard? How is your invention better than what is on the market now? Is it less expensive; does it have more options; is it safer, more efficient, faster, easier to use, longer lasting?
  • Distinctiveness: How crowded is the marketplace for items like yours? Is your product sufficiently different?
  • Acceptance: How readily will users accept your product? Will it require a radical change or a long learning curve? Will it require special or extensive training?
  • Life Cycle: Is this the right window of opportunity? Will your product's life cycle be long enough to justify the effort?
  • Pricing: Can your product be produced in an acceptable price range?
  • Success of Competitive Products: Are there other known attempts to market similar items that have met with success or failure?
  • Appropriate for DePuy Synthes Mitek Sports Medicine: Does your idea/product address an unmet need in the Sports Medicine markets?

Valuing an Idea

When developing an idea, you need to feel confident that it will provide an adequate return on investment (ROI) for you and the purchasing or licensing company. Understanding how your invention will be valued will help you make crucial decisions about funding and licensing or selling your idea. The value of an idea will be determined by several criteria. You may want to consider the questions listed here to discover if there are any factors that will prohibit producing, licensing, or pursuing a patent for your invention.

Legal and Safety Criteria

Considering the legal restrictions surrounding your idea will help you determine if you will encounter any regulatory hurdles.

  • Legality: Are there rules, regulations, or standards that prohibit the development or use of your invention?
  • Safety: Are there potentially dangerous hazards or side effects?

Business Risk Criteria
Evaluating the business risk criteria may help you determine if pursuing development is financially possible.

  • Functional Feasibility: Will your invention do what it is intended? Is it both safe and effective?
  • Production Feasibility: Does the company have the necessary equipment and resources to manufacture and market your invention?
  • Stage of Development: Is the base technology new, stable, and readily available?
  • Investment Costs: Does your invention require prohibitive amounts of capital for development?
  • Payback Period: What is the time frame for payback of investment?
  • Profitability: What is the profit margin at which the anticipated revenues will cover costs?
  • Marketing Research: How much marketing research is required?
  • Research and Development: What R&D is necessary to reach the production-ready stage? Are R&D resources available? What clinical studies will be necessary to complete development of your product?

Demand Criteria

Answering these questions to assess demand is crucial to valuing the need of your idea in the market.

  • Potential Market: What is the potential market for a product of this type?
  • Potential Sales: Given alternative or competitive products and the current market environment, what sales can your product expect?
  • Product Life Potential: What is the potential for additional products, styles, qualities, and price ranges?

Market Acceptance Criteria
Market acceptance criteria may be good indicators for determining if the market is primed to support and promote your invention.

  • Compatibility: How well will your invention fit into accepted protocols?
  • Learning: Will your invention require significant training for proper use?
  • Need: Is there an obvious void or unmet need in the market that can be filled by your invention? Is the target audience requesting such a product?
  • Dependence: To what degree is the use of your invention dependent on other products or systems?

Competitive Criteria

The value of your invention can be significantly affected by competitive products or services. Recognizing where your invention fits into the current marketplace may help you strategize the best way to bring your idea to market.

  • Appearance: Is your invention visibly different from related products?
  • Function: How is the functionality of your invention different from existing products?
  • Durability: How durable is your invention? How will potential buyers perceive durability?
  • Price: Where does your invention fit in a pricing structure?
  • New Competition: Is there a likelihood of competition from new entrants?
  • Protection: Do patents, prior art, or copyrights exist on competitive products? Are these prohibitive to marketing your invention?
  • Ergonomics & Human Factors: Will your idea improve product ergonomics or usability?

If you did not uncover significant barriers to developing your idea during this evaluation, you may be ready to move on to formulating your development strategy.

Adapted with permission from Docie, Ron Louis Sr. The Inventor's Bible: How to Market and License Your Brilliant Ideas. Berkeley: Ten Speed Press. 2001.

Licensing Versus Selling an Idea

If you decide against developing your idea alone, you have two options—licensing or assigning. Licensing is in essence leasing an idea. Assigning is the sale of a patented idea. Assigning or selling rights to your invention requires that both parties agree to a projected worth of the product. This is particularly difficult to predict in the rapidly changing healthcare market. When you sell your invention, you assign your rights to a company in exchange for a cash sum, usually paid up front or at agreed upon milestones in the development process.

Licensing:

When you license an invention, you offer a company the right to produce and sell your invention for a designated period of time for an agreed upon compensation.

Advantages to Licensing:

  • Improved Odds: In some circumstances, licensing may be better than selling. Companies often prefer to engage in licensing contracts with inventors because licensing reduces the uncertainty and risk of estimating the value of an invention without its worth being quantitatively proven in the marketplace.
  • Distribution of Investment: Licensing may also be preferable to the sponsoring company because it can better manage cash flow. A company has to invest capital to research, purchase raw materials, engineer, manufacture, market, and promote your invention. Paying the inventor in full initially is an added drain on resources that could be directed to creating the best product most expediently.

DePuy Synthes Mitek Sports Medicine's Criteria

If DePuy Synthes Mitek Sports Medicine decides to pursue the invention you submit, you will have a discussion with your invention champion so that DePuy Synthes Mitek Sports Medicine may better understand your invention. The following PDF includes questions that the DePuy Synthes Mitek Sports Medicine invention champion may ask during a discussion about your idea. While you may not have all the answers, asking yourself these questions about utility, novelty, nonobviousness, and enablement will help you prepare for the interview and ensure that you have evaluated your invention comprehensively. Please note that a high score does not necessarily guarantee DePuy Synthes Mitek Sports Medicine will pursue your invention, nor does a low score necessarily mean we will decline your invention.

Protecting Your Idea

If you have a suggestion or invention that can potentially improve, or even revolutionize surgery or tissue repair, it is important to protect your intellectual property. To protect the rights to your invention, you should document the conception date, including a description and an illustration, and have the documentation signed by a witness who has no ownership of the idea and who understands its purpose and functionality.

Ideally, any innovation submitted to DePuy Synthes Mitek Sports Medicine should have at least a patent filed. Alternatively, a Provisional Patent may be sufficient to allow discussions to begin. For further information about US patents and procedures, please visit the following United States Patent and Trademark Office web site at: http://www.uspto.gov/web/offices/pac/doc/general/index.html. Additionally, you should consult a patent attorney. Patent attorneys can provide expert advice and offer the surest way to protect your intellectual property.
If you have not filed for any patent protection and still want to submit your idea to the DePuy Synthes Mitek Sports Medicine Idea Center, please keep in mind that any idea submitted on this website will be considered non-confidential.

Submitting Your Idea

If you are interested in submitting an idea, please follow the steps outlined below. DePuy Synthes Mitek Sports Medicine can only accept Non-Confidential information, including information that is contained in patents, or published patent applications, or that has previously been publicly presented or otherwise publicly disclosed, or suggestions for improvement to existing products. By submitting such information to us, you consent to our use of this information for evaluation and agree that the information you provide will be governed by this site's Privacy Policy.

Download the "New Idea Submission Form" found at the bottom of this page. Please complete this form and attach only non-confidential information pertaining to your idea that you may care to provide. You will not be required to disclose any confidential information, and any confidential information you submit will be returned without review.

Send your completed New Idea Submission form to:

DePuy Synthes Mitek Sports Medicine
Attn: DePuy Synthes Mitek Sports Medicine Idea Center
325 Paramount Drive
Raynham, MA 02767
Mailbox #M73

Upon receipt of your submission, we will send a confirming email indicating the assigned New Idea number, and identifying the DePuy Synthes Mitek Sports Medicine Idea Champion who will be reviewing your idea. If more information is required to understand the composition, functionality, or some other aspect of the idea, the Idea Champion will contact you. You are welcome to contact the DePuy Synthes Mitek Sports Medicine Idea Center at mitekideacenter@dpyus.jnj.com regarding the status of your idea at anytime.

Download the Submission Form

Other Resources

Educational Grants
Transparency Notice
The DePuy Synthes Institute for Advanced Education and Research
Upcoming Training Events for Healthcare Professionals
Solutions for Patients
California Compliance

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