Presented by MDMA in Cooperation with Vector Resources, LC

Local Coordination Provided by the Southern California Biomedical Council (SCBC)

Thursday, September 14, 2006

Wilshire Grand Los Angeles
930 Wilshire Boulevard
Los Angeles, CA 90017


AGENDA

7:30 - 8:30 am Registration
   
8:30 - 8:45 am Welcome and Introductions
   
  Erin Jones, Director, Membership and Meetings, MDMA
   
  Bruce Blomstrom, President, Pasadena Bioscience Collaborative; Board of Directors, Pasadena Angels; Director, Southern California Biomedical Council
 

 

8:45 - 9:15 am

Defining Product Commercialization:

          

           More than marketing, sales, and distribution


           Product commercialization cuts across all business areas

The three commercilaization imperatives

   
 

Speaker:

Rick Davies, Managing Partner, Vector Resources, LC

   
9:15 - 10:15 am

Profiling Your Company and Products:


            A successful commercialization strategy fits the company


            How to profile your product / company


            Examine a common range of product / company profiles


            How unique profiles affect strategy

   
 

Speakers:

Warren Grundfest, M.D., Professor Biomedical Engineering & Surgery, UCLA

Charles Cresine, President, Surgical Resources and Principal, Tomalex, LLC

Rick Davies, Managing Partner, Vector Resources, LC

   
10:15 - 10:30 am Break
   
10:30 - 12:30 pm

Understanding Your Product Commercialization Options:


            Each commercialization strategy has its own characteristics


            Each strategy brings its own specific requirements for success


            Strengths, weaknesses, and resource requirements examined

   
 

Speakers:

Licensing Arrangements:

David Hankin, Esq., General Counsel, Alfred Mann Foundation

Partnering with an Established Player:
Christopher Davies, Esq., Founding Partner, Vector Resources, LC

Independent Sales Representative:
Lyn Dee Rankin, Partner and Vice President of Operations, Representations, LLC
Current President, Health Industries Representatives Association (HIRA)

Independent Specialty Distributor:
David R. Campbell, Ph.D, President and CEO,Vital/Med Systems Corporation
Immediate Past President and current Member of the Board, Independent Medical Distributors Association (IMDA)

Direct Employee Sales & Distribution:

Mike Shears, Area Director, Advanced Medical Optics, Inc.

Blended Options:

Rick Davies, Managing Partner, Vector Resources, LC

 


 

 

12:30 - 1:30 pm Lunch
   
1:30 - 2:45 pm

Selecting a Product Commercialization Strategy that Fits Your Company’s Profile:

          

           Not all strategies work well with all companies and products

           Matching a commercialization strategy to your company’s profile, and business objectives


           Interactive exercise – best strategies for different companies

   
 

Panelists:

David R. Campbell, Ph.D, President and CEO,Vital/Med Systems Corporation

Charles Cresine, President, Surgical Resources and Principal, Tomalex, LLC

Christopher Davies, Esq., Founding Partner, Vector Resources, LC

Warren Grundfest, M.D., Professor Biomedical Engineering & Surgery, UCLA

David Hankin, Esq., General Counsel, Alfred Mann Foundation

Lyn Dee Rankin, Partner and Vice President of Operations, Representations, LLC

Mike Shears, Area Director, Advanced Medical Optics, Inc.

Moderator:

Rick Davies, Managing Partner, Vector Resources, LC

 

2:45 - 4:00 pm

Implementing Your Commercialization Strategy:


            Common mistakes to avoid when implementing a product commercialization strategy in the areas of -


                     - Gauging resource requirements
                     - Matching management skills
                     - Balanced distribution contracts
                     - Effective Product Launch
                     - Maintaining down stream options

   
 

Speakers:

Open Discussion and Q&A with panelists

Moderator:

Rick Davies, Managing Partner, Vector Resources, LC

 

4:00 - 4:15 pm

Closing Remarks