Institutions Will Work Together to Assist Medical Device Companies
Media contacts: Christine Gillette, 978-934-2209, Christine_Gillette@uml.edu, and Nancy Cicco, 978-934-4944, Nancy_Cicco@uml.edu
* M E D I A A D V I S O R Y *
Tuesday, Oct. 23
WHAT: Officials from the University of Ulster, Northern Ireland and UMass Lowell will announce a new partnership designed to help entrepreneurs quickly move medical device products from concept to marketplace. The announcement will be made during an international trade event at the Massachusetts State House.
UMass Lowell, along with UMass Worcester, operates the Massachusetts Medical Device Development Center (M2D2), which provides expertise in plastics engineering, medical testing and business management from faculty members and the M2D2 advisory board to entrepreneurs. M2D2 operates a business incubator for startups on the UMass Lowell campus. The University of Ulster’s Multi-Disciplinary Technology Centre for Healthcare has similar goals. Together, the partners will work with successful medical device companies to create a system of best practices to help speed the process of getting new products from the idea stage to the market.
Representatives of both institutions – including a delegation from the University of Ulster and UMass Lowell Chancellor Marty Meehan and UMass Lowell Prof. Stephen McCarthy, co-director of M2D2 – will participate in the announcement. Meehan and Michael Brennan, a senior lecturer in strategic management at the University of Ulster will sign a memorandum of understanding establishing the international partnership.
The signing and announcement will take place during the EU-US eHealth Marketplace, a two-day conference at the State House bringing together more than 400 participants from 25 countries to foster new international business opportunities, partnerships and networking. The marketplace is being held in conjunction with the 2012 Transatlantic Health IT/eHealth Cooperation Assembly on Oct. 24.
WHERE: Massachusetts State House, Great Hall, Second Floor, 24 Beacon St., Boston