REVOLUTIONIZING THE WAY MEDICAL DEVICES ARE BROUGHT TO MARKET
Magellan is the world’s first breakthrough software solution that automates and archives all information involved in bringing a device to market while creating a roadmap eliminating errors and omissions.
Automates the approach to obtain regulatory intelligence and device license management.
Tracks and manages medical device licenses all-in-one platform while reducing time and cost.
Gain access to the most current and accurate regulatory intelligence in global markets.
ENHANCED COMPLIANCE MANAGEMENT
All device license information is managed within the innovative platform through the on-board project manager. Magellan provides automatic updates as received, putting regulatory intelligence and device license management in reach, at the click of a mouse
BRINGING A MEDICAL DEVICE TO MARKET IS A DAUNTING CHALLENGE
Medical device companies face an increasingly complex set of variables in bringing their devices to market. These include an ever-changing landscape of regulatory processes, new compliance and documentation requirements and cyber security issues for connected devices.
Magellan is the industry’s first device compliance platform specifically developed to streamline and make the process more manageable. Medical device companies that use Magellan enjoy a more streamlined process with greater accuracy and lower cost vs the current manual and fragmented approach.
Magellan is a SaaS platform that provides a central repository for all the elements of device license application and includes a customized dashboard, so device companies have a snapshot of where their projects are in the process, with powerful analytic tools that aid in strategic decisions.
PROCESS TO BRING DEVICES TO MARKET
Disparate documentation requirements
Interdependent Components that have to be managed
Vulnerable to mid-process changes
Constant manual monitoring
Requires complex system of resources
Variable cost creating budget uncertainty
Difficult to plan or forecast with dated and incongruent material
Central repository for documentation
Platform based interconnectivity
Project management tool that Tracks, Analyzes, Reports to manage resources
Exception based management of requirement changes
Streamlines process into cohesive management structure
Annual subscription model provides cost stabilization
Ease of Strategic Planning and Business Alignment through GTM Planner