- Minimum Advance
- 20 Years Percentage
- of Sales or Buyout
According to a recent report from the Global Industry Analysts, Inc., the worldwide market for needles and syringes is projected to reach $12.1 billion by 2015. This projected growth is attributed to several factors, including the growing population of elderly patients, a projected increase in the number of cases of diabetes, and the growing awareness of infectious diseases, which has led to a renewed push to educate health care providers on safe injection practices.
Edison Nation Medical is seeking innovations that improve the safety and quality of needles and syringes. This includes improvements in design, materials and methods of use to enhance the experience of end-users, including health care professionals and patients.
Reward: Advance & Royalties
Licensed ideas will receive a $2,500 minimum advance on 20 years percentage of sales or buyout. We split the licensing royalties 50/50 with you on the products that we select. Royalties vary based upon the product but we always earn industry-leading rates.
We ask for well-communicated ideas. This includes filling out our easy-to-use submission form to the best of your ability. Upload images, sketches and any other media that support your idea. Tell us your story. We even encourage you to create a video demonstrating your innovation. Don’t worry. We don’t expect you to break out your inner Spielberg. Please keep videos to less than 2 minutes.
Your submission should be unique and protectable (we love to see patented ideas but that isn’t required).
Each idea costs just $25 ($20 for Edison Nation Medical Insiders) to submit. Click here for more details on Innovation Searches.
Edison Nation runs idea searches to match your inventions with the needs of the world’s largest brands.
Simply tell your invention’s story through our secure Innovation Search system. Our team reviews each idea and narrows the submissions down to the finalists, which are presented to the search sponsor.
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