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Related Experiment Video

Updated: May 22, 2026

A Soft Tooling Process Chain for Injection Molding of a 3D Component with Micro Pillars

A Soft Tooling Process Chain for Injection Molding of a 3D Component with Micro Pillars

Published on: August 4, 2018

Innovation and value-driven engineering.

Frank L Douglas¹

¹Austen BioInnovation Institute in Akron, The United Building, 1 South Main Street, Suite 401, Akron, Ohio 44308, USA. fdouglas@abiakron.org

Nature Reviews. Drug Discovery

|May 1, 2012

Summary

This summary is machine-generated.

New strategies can drive innovation and cut costs in medical device development, offering a potential model for pharmaceutical innovation. These approaches aim to improve both medical technology and healthcare economics.

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Area of Science:

Health Economics
Medical Device Innovation
Pharmaceutical Development

Background:

Healthcare systems face dual pressures of fostering innovation and controlling costs.
Existing strategies in medical device development offer a potential framework for other sectors.

Purpose of the Study:

To explore the applicability of medical device innovation and cost-reduction strategies to drug development.
To identify potential synergies between medical technology advancement and pharmaceutical research.

Main Methods:

Review of current innovation catalysts in the medical device sector.
Analysis of cost-reduction mechanisms within healthcare.
Comparative assessment of strategy transferability to pharmaceutical R&D.

Main Results:

Identified transferable strategies for incentivizing innovation in drug development.
Highlighted potential for cost savings through adapted medical device approaches.
Demonstrated parallels in regulatory and market dynamics between devices and drugs.

Conclusions:

Strategies that reward innovation while reducing costs in medical devices can be adapted for drug development.
This cross-sectoral approach may accelerate therapeutic advancements and improve healthcare affordability.
Further research is warranted to tailor these strategies for the unique pharmaceutical landscape.