About the Centre
The PSG Centre for Biomedical Innovations (PSG CBMI) at PSG Institute of Medical Sciences & Research (PSG IMS&R) enables co-creation between startups, academia and healthcare industry with the right kind of clinicians, researchers and patients. The PSG CBMI shall lead and drive innovation activities – strategically and in day-to-day work, in all settings, at all levels. The Centre shall lay the methodical way of handling risks and uncertainties to achieve rapid and continuous translational innovation – from identification of needs and opportunities to clinical and commercial full-scale implementation.
The PSG CBMI will address the following unique challenges in the process of idea to prototype of medical technologies and devices:
- Validating the ideas for its use case
- Validating the ideas in terms of technical feasibility
- Access to facilities related to health care research and product development
- Ethical committee clearances and the clinical trials
- Good practices to be adopted during the trials and concerns to be addressed
- Certification involved in case of Medical Devices
- Involvement of medical practitioners during the stages of product development
- Cost involved in the process of product development