For Inventors
Here for you
Our team at the business development unit is at your disposable to assist with information required, brainstorming, discussing new ideas to applicative directions and making sure that your invention will fulfill its full potential.
From idea to product
Our process
- Acquaintance meeting. Our team meets the inventor to learn about the idea and talk about it. Together, we will discuss issues as 'the need', novelty and potential applications.
- Disclosure. The inventor fills a Declaration of invention form (DOI), an internal form serving to register the inventor's invention details and initiate a process of idea evaluation within the business development unit. The DOI form can be downloaded from our website or could be sent upon request.
- Evaluation. Together with the inventor, the idea will be analyzed for various issues that may be critical along the commercialization process as 'the need', the novelty, technological feasibility and markets. Field of invention will be studied, analyzed for patents, commercial and clinical environment.
- Patent Application. Following evaluation, our team will determine whether TASMC will file a patent application. TASMC will file an application for an invention disclosed only if a commercial potential is identified and funding for project development can be obtained.
Filing and prosecuting the patent will require cooperation of patent attorney and inventor. While the attorney is familiar with the field of the invention and patent writing, the inventor will bring in the critical knowledge that enable writing a strong patent for obtaining optimal protection.
- Project strategy. To maximize the opportunity, our team aims at finding investors that have the best chances to bring the invention into the market. To make the project attractive to relevant investors, value has to be brought-in by reducing risks for investors. This can be achieved for example by having a firm business plan and/or by taking the project to the next technological stage like a proof of concept. At this stage our team decides whether certain value can be built within TASMC directing the project to our pre-incubator program or whether project should move on to licensing process.
- Marketing and License Negotiation.
- Monitoring Progress.
- Royalty Sharing
Our policies
Visit the Tel Aviv MedTech Club Website
Contact information