The inventor and Walden Medical define the brief including company preferences. Walden Medical reviews potential MedTech partners (unless instructed to negotiate with sole company), negotiates options and presents options back to the inventor (Fig1). Walden Medical will then negotiate "best terms" with the inventor's choice.
Walden Medical works for our client to ensure a viable, sustainable, and profitable contract is signed (Fig 2): technical collaboration, ownership, royalties, teaching and future auditing of resource assignment s and performance. Walden will continue to deliver performance reports, recommend variance actions, and support the client throughout the contract, as well as negotiate secondary deals and product expansions.