Small Companies Prized for Their Innovation

Small medical device companies are significant sources for innovation, and larger companies should consider adopting their strategies to get new technologies to market faster, experts say. Larger companies should select groups of researchers to work off-site, focusing energy on one project, James Mazzo, president and CEO of Advanced Medical Optics, said. “Small companies live or die based on the success of one project, which pushes them to fail fast and prevent wasteful spending,” he added.