About Consortium for technology and innovation in pediatrics
Consortium for Technology and Innovation in Pediatrics (CTIP) is a MedTech accelerator that has been funded by the FDA to support pediatric device innovators from concept to commercialization. The company is dedicated to improving the lives of children through innovative medical technology solutions.
CTIP was established with the aim of addressing the unmet needs in pediatric healthcare. The company recognizes that children have unique medical needs, and there is a lack of specialized medical devices designed specifically for them. CTIP aims to bridge this gap by providing support and resources to innovators who are developing new technologies for pediatric patients.
The company's mission is to accelerate the development and commercialization of innovative medical devices that improve child health outcomes. CTIP provides funding, mentorship, regulatory guidance, and access to a network of experts in various fields such as engineering, design, clinical research, and business development.
One of CTIP's key strengths is its ability to bring together stakeholders from different sectors including academia, industry, government agencies, patient advocacy groups, and healthcare providers. This collaborative approach ensures that innovations are developed with input from all relevant parties resulting in products that meet real-world needs.
CTIP has an impressive track record when it comes to supporting pediatric device innovation. Since its inception in 2014, the company has supported over 50 projects resulting in FDA clearance or approval for 20 devices. These include technologies such as wearable sensors for monitoring vital signs in premature infants; non-invasive glucose monitors for children with diabetes; surgical tools designed specifically for small patients; among others.
The success stories coming out of CTIP demonstrate how important it is to have an organization dedicated solely to supporting pediatric device innovation. Without such support systems many potentially life-saving technologies may never make it past the concept stage due to lack of funding or expertise.
In addition to providing direct support services CTIP also advocates on behalf of innovators working on pediatric devices at both state and federal levels. The company has been instrumental in shaping policies that support pediatric device innovation and has helped secure millions of dollars in funding for this cause.
CTIP's impact on the pediatric medical device industry is significant, and its work is recognized both nationally and internationally. The company has received numerous awards for its contributions to the field of pediatric healthcare including the 2019 MedTech Innovator Award, which recognizes outstanding achievement in medical technology innovation.
In conclusion, CTIP is a vital organization that plays a critical role in advancing pediatric healthcare through innovative medical technology solutions. Its unique approach to supporting innovators from concept to commercialization ensures that new technologies are developed with input from all relevant stakeholders resulting in products that meet real-world needs. CTIP's success stories demonstrate how important it is to have an organization dedicated solely to supporting pediatric device innovation, and its advocacy efforts have helped shape policies that support this cause at both state and federal levels.