• Full evaluation of the opportunity
• Market size and attractiveness
• Availability of reimbursement
• IP landscape, Freedom to Operate, ability to secure patents
• Competitive environment
• Regulatory path
• Availability of venture capital
• Availability of qualified management
• Overall technical and business risk

• Technology incubation
• Funding the incubation stage
• Early product development
• Managing feasibility animal and clinical studies

• Effecting the spin-off
• Incorporation, establishing a quality system, ISO certification, FDA registration, selection of council, other factors
• Creating the required funding materials
• Managing the Series A funding activity
• Recruiting a management team
• Providing interim facilities until the new company is self sufficient

In 2006, Insightra incubated its first new medical device start-up company:

Minos Medical™ “The natural orifice medical device company™”. Minos, a California corporation, is focused on developing its flagship product; Appendoectomy, a device for removing the appendix without cutting the skin.

Tissue Dynamics is the next planned spin out company, due to be created in 2008. A revolutionary new inguinal hernia repair concept known as PHR (Physio Hernia Repair)