Edison Nation Medical, the premier healthcare innovation marketplace, today announced a partnership with the American Association for Respiratory Care (AARC), the leading professional association of respiratory care specialists. Edison Nation Medical, which brings 12+ years experience working with individuals and small business to commercialize their innovation ideas, will work with AARC to assist the professional association’s community of more than 50,000 respiratory therapists in bringing their product innovation ideas to life.
AARC’s mission is to provide training, encouragement and support to respiratory care professionals. The organization has played a key role in advancing the science of respiratory care and serves as a tireless advocate for respiratory therapists as well as patients, their families and the public.
Edison Nation Medical works directly with people who have ideas or inventions — big or small — for new medical products that can improve the standard of care. The company provides a clear and easy pathway through which anyone — physicians, nurses, respiratory therapists, entrepreneurs, even patients and caregivers — can submit a medical invention or idea for full evaluation and potential commercialization.
Joining Edison Nation Medical is free and inventions submitted through their confidential and secure online portal are reviewed in detail by medical, product development and legal experts. Following the in depth evaluations, these inventions are further invested in and improved upon by Edison Nation Medical’s expert design and engineering teams, as appropriate. The end goal is to commercialize each qualified product idea either by licensing the idea to a medical device manufacturer or by starting a company around the idea and, when successful, Edison Nation Medical shares licensing royalties or revenues with the inventor.