MPG: A Medical Projects Generator
The Catalyst Tech Innovation Group (CTIG) has pioneered MPG—a new startup category focused on developing disruptive medical technology to address unmet clinical needs. An MPG is a self-funded, clearly defined business model supported by an R&D group with a three-stage value proposition. It has a strategically selected management and advisory team with the skills and experience to generate and manage multiple projects simultaneously with reproducible success.
Select projects and minimize risks based on vetting process, which includes feedback from industry professionals, strategic buys, and post graduate academia.
Rapidly develop and test prototypes, from early stage regulatory rigor through first-in-man, with minimal cost and timeline exposure.
Produce early exit opportunities exhibiting higher ROIs in much shorter time periods than traditional cost intensive independent startups, incubators, and venture capital models.