NM-Q Medical Device Studio

The NM-Q Medical Device Studio is designed to enable Northwestern Medicine clinicians (physicians, nurses or other healthcare providers) to move from "napkin drawings" to initial prototypes, facilitating initial conversations and interest among clinicians, industry partners and/or investors.  The studio is supported by the NM Mansueto Innovation Institute and Northwestern's Querrey InQbation Lab.

Both institutions contributed $100k each to support four (4) projects which are selected by a committee consisting of clinicians and external experts.  Each project has up to $50k of allocated funding to support the initial prototyping build.    

An external product designer manages the projects from concept to prototype, helping to ensure device specifications are captured and translated for design firms to provide and execute a proper scope of work.  Where applicable, Northwestern will cover initial patent costs and help initiate steps towards commercialization through involvement in a Kellogg business course or introductions to medical device companies.

For more details and the application, visit this page.  

NM-Q Business Research Fellowship *NEW OPPORTUNITY*

In its second year, the Studio is offering FSM M4 students, NM residents and NM fellows a unique opportunity to participate in the program as NM-Q Business Research Fellows. Over 8 weeks (Sept-Nov), selected participants will be trained and mentored in conducting due diligence of a medical device application to support our selection committee. With their clinical perspective, the analysts will first understand the clinical problem, potential use cases, and device requirements. From there, they will size the top 2-3 markets and understand the competitive landscape. They will conduct primary research through customer discovery.

The commitment is approximately 6-8 hours per week (~2 hr weekly evening meetings and 4-6 hours of research). All meetings EXCEPT THE FIRST will be remote. To apply, complete the following APPLICATION FORM and submit your cover letter and resume. The application deadline is August 30, 2024.

If you are interested in learning more, please join a remote Information Session.  SIGN UP HERE

Please direct questions to Sonia Kim (sonia.kim@northwestern.edu).