It’s rare to find an Israeli medical device company that also provides medical device startup support, but we at Chaban do just that. We accompany medical startups throughout the entire process of medical devices, from the inception of an idea through its development and distribution. 

When medical device startups still have nothing more than an idea, they need support in all areas of developing their product. That’s where Chaban’s Investment Accelerator Program comes in. We lead a medical device accelerator that provides full support to startup companies. What does this entail? 

It means everything you can think of and more. Every step necessary in the development of your medical device is included in our investment accelerator. For example, we help you create a prototype and an initial series design. What will your product look like? How will it be developed? Chaban can provide the manufacturing infrastructure necessary for mechanical and electrical assemblies, cleanroom operations, and lab space and manufacturing facilities. This accompanies startups throughout the complete cycle development and production phase. 

We also include all managerial and administrative support. This comes with access to a business office. We provide R&D (research and development) assistance, from electronic packaging to documentation/configuration control, as well as hardware, software (in-house), and PCB development (outsourced to a strategic partner). Finally, we assist you with business strategy and developing important network connections. After all, even the best product in the world needs people to know about it!

What are the benefits of our program? Too many to count, but we’ll give you a few.

Support Throughout the Technical Consultation Stages

The first is that we offer you complete and thorough support throughout the technical consultation process. This is especially important if you don’t have experience with medical device development; you need to know that your product is in the right hands. This stage is tricky if not handled correctly, so it’s important to work with experts who have experience handling all the subtle nuances of your exact product. 

Time Savings for Product Development

When you’re working on product development, you may have little idea of how time-consuming the process can be. Every step of developing a medical device takes time to ensure that it’s up to standards and is safe. However, using Chaban’s Investment Accelerator is a significant time-saver. Because we have so much experience in this area, we’re able to get things done quickly and efficiently without sacrificing the quality of your product. We’ll make sure your product is taken to market in no time. 

Reduction in Expenses Across the Entire Production Cycle

You can’t afford costly mistakes, the same way you can’t afford to waste time developing your medical device. Luckily, our program ensures you’re on track with your budget. We reduce expenses across the entire medical device product lifecycle by making sure you’re investing in what you need to succeed. We’ll make sure you’re not spending unnecessarily on services or products that won’t help you achieve your end goal. 

Increased Chance of Completing the R&D Stages

Our in-house, on-hand support not only means that you won’t rely as much on subcontractors, but you’ll also get your new product to market faster. This in turn means the startups involved have a higher chance of completing the R&D stages. 

Chaban has extensive experience in accompanying medical device startups through the technical consulting stage to reduce their R&D time, as well as any extra costs derived from incomplete system designs. This is what makes our program stand out from the rest. 

Those are just a few of the many benefits of our program. We at Chaban are committed to the development of quality medical devices that will expand and enrich the field of medical care. Chaban’s Investment Accelerator aims to revolutionize the medical development field while encouraging innovation in the medical device field.