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Beaumont Hospital nurtures patients - and patents

Royal Oak-based Beaumont Hospital's new commercialization center helps to bring new medical devices to life.

Excerpt:

Beaumont offers services from prototype development and real-world testing to regulatory approval preparation. Unlike similar efforts usually on a university level, the Beaumont Commercialization Center is a for-profit endeavor that offers access to a high-volume hospital system.

"The end goal is better products for Beaumont, as well as others," said John C. Shallman, director of strategic business development for the commercialization center. "We can bring to bear actual clinical, practical, economic decisions ... into the design process."

Read the full story here.

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