The Northwestern Global Health Foundation identifies high-impact and technically feasible medical technologies and helps broker them across and through any of the following commercialization process. Following is a description of their offering.
- Research & Development
Develop technologies and products targeted at markets in the developing world; they help carry development through to transfer to manufacturing, and according to Good Design Practices as defined by the regulatory bodies
- Clinical and Regulatory Affairs
Help coordinate and conduct clinical evaluations for products in the developing world and obtain necessary regulatory approvals
- Manufacturing and Quality Assurance
Identify manufacturers that meet cost and quality goals and audit manufacturing sites and assure they comply with all regulations
- Marketing and Sales
Market products directly or through distributors in resource limited settings
- Distribution & Service
Distribute products through local distributors and service equipment at regional depots
- Business Development & Intellectual Property (IP)
Manage and patent IP; the foundation in-licenses IP from both academic and commercial organizations to have freedom to operate in resource limited settings and out-license IP to commercialize products outside of developing world markets, to fund further development or subsidize existing products for developing countries
To get additional information, see the Innovation and New Ventures Office press release on Northwestern Global Health Foundation or visit the Northwestern Global Health Foundation site.