Product News: Services

Services help develop life science startups.

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Press Release Summary:

March 28, 2007 - Specifically designed to assist startup life science companies with marketplace entry, GMG Services Suite delivers network of expert services, including assistance with securing angel and venture capital funding, navigating regulatory process, reimbursement strategy, management distribution, channel development, and business planning. Each GMG client undergoes needs assessment to address all facets of business plan so specialists can target areas of greatest need.

Global Medical Group

1097 C West Lake Ave,, Baltimore, MA, 21210, USA

Original Press Release

Global Medical Group Unveils a Host of Services for Startup Pharmaceutical and Medical Device Companies

Press release date: March 13, 2007

BALTIMORE, March 13 /-- Global Medical Group (GMG), a resource specialist for medical device and life science startups, today announced the launch of a service suite designed to assist startup life science companies with marketplace entry.

GMG offers a network of expert services, including assistance with securing angel and venture capital funding, navigating the regulatory process, reimbursement strategy, management distribution, channel development, and business planning.

"We have encountered many medical device and pharmaceutical manufacturers with sound science and exceptional technology behind their products", said Laura Jordan, CEO and co-founder of GMG. "Unfortunately, many of those companies fail because they do not have the resources to bring their products to market. GMG is set up to aid our clients in addressing barriers to market entry."

Each GMG client undergoes a needs-based assessment to address each of the following components of their business plan:

-- Funding: Angel and Venture Capital -- Financial Analysis -- Engineering -- Patents -- US Legal Representation -- Clinical Investigation Process -- Regulatory and Compliance Requirements -- Reimbursement Assessment and Strategic Planning -- Market Research -- Distribution-Specialized Network -- Company Branding -- Media Relations -- International Network of Resources

Based on the assessment, GMG can tap into its network of specialists to target areas of greatest need.

"Our goal is to assist our clients with a fast and cost-effective entry into the market," Jordan said. "Our team of experienced professionals partners with our clients in finding and managing business resources."

For more information on the new service, please visit www.globalmedicalus.com

About Global Medical Group

Global Medical Group was founded in 2007, and specializes in assisting startup life science companies with every aspect of business development. GMG partners with clients to develop and implement strategic solutions to address barriers to market entry. GMG is a subsidiary of the JGS Group, specialists in reimbursement intelligence for medical technology companies. GMG has offices in Baltimore, MD, Philadelphia, PA and Denver, CO.

For an overview of our services, please visit www.globalmedicalus.com.

Source: Global Medical Group

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