07-10-07

MedStarts, LLC Begins Operations Assisting Physician Inventors and Medical Device Firms

ATLANTA (July 10, 2007) – MedStarts, LLC commences operations with the introduction of its novel business model “to bring medical devices to life.”

A medical device product development firm focused on assisting physician inventors, universities, and corporations, MedStarts jointly develops minimally invasive medical devices for the diagnosis and treatment of disease through its network of product development experts. MedStarts team members include intellectual property and transactional attorneys, biomedical engineers, regulatory affairs consultants, marketing and business development executives, medical device manufacturers and university teaching hospitals.

Through MedStarts' unique risk-sharing program, product development team members exchange services and resources for equity in physician conceived projects. This structure enables the physician inventor to benefit from the services of industry experts without paying upfront costs or out-of-pocket expenses, while maintaining meaningful equity.

Richard Berlin, president and CEO of MedStarts, LLC, states "MedStarts offers a vital service to the community of medical device inventors, universities, and corporations. Our organizational structure allows us to accept early-stage device projects that might otherwise escape traditional product development channels. In addition to building substantial value in early-stage projects, we also provide valuable assistance to both the device industry and the physician inventor. We’re able to leverage our network of a multi-disciplinary team of business development executives and physician advisors to evaluate early stage projects. Their expertise tells us pretty quickly if we should go down the path of building a particular device or not. Ultimately, this is in the best interests of all parties.”

About MedStarts
Founded in 2007, MedStarts brings medical devices to life. MedStarts acquires unique technology that focuses on medical devices from individual inventors, corporations, or universities. These ideas are then developed further from proof of concept to commercialization. Businesses are created that take these products the next step into the hands of providers, and ultimately the real customer – patients. Leveraging its experienced management team, advisors, and investors, MedStarts has gathered all the right ingredients to ensure financial, operational, and medical success. This reduces risk and maximizes speed to market. MedStarts is headquartered in Atlanta, Georgia. Please visit www.medstarts.com to learn more.