There are Med Tech companies only interested in swinging for the fences, settling for nothing less than radical, groundbreaking innovations. There are other organizations that live on the periphery, finding value in refining existing technologies. But why can’t you do both?
At huMannity Medtec, we’ve carved a unique niche in terms of product development, finding success by blending both approaches. And while you might be more familiar with us from our headline-grabbing breakthrough discoveries in areas such as neuromodulation or drug delivery systems (under our previous name, the Alfred E. Mann Foundation), our incremental advancements are also a vital part of the mission.
huMannity has always been willing to venture into territories that deter others. Whether due to the high risks of failure, technical challenges, or prohibitive costs, many areas in medical device development remain unexplored. The so-called “unexplored” signals opportunity for huMannity.
We also recognize the value of making existing technologies better – enhancing usability, safety, and cost-effectiveness. For every imagination-grabbing innovation, such as our pioneering work in cochlear and visual prosthetics, there is an equally valid technology improvement in development.
The drive to improve technology is, in part, a testament to huMannity's patient-centric approach. Whether it is developing a therapy for patients that have none, or perfecting a therapy for those that do, our fully-funded business model allows us to approach technological innovation with patience and foresight. If there's an opportunity to make something new or make something better, huMannity is interested in it.
It can be easy to overlook the significance of incremental improvements when an industry-shaking advance such as our development of multi-channel cochlear implants came to market. But for medical professionals and patients alike, enhancements to existing tech can also be life changing. Making a device more user-friendly can mean the difference between a patient using it consistently or giving up on it.
Improvements like performance optimization are just another way huMannity stays at the forefront of the industry. Much like improving safety can prevent potential complications, making a device more economical can make it accessible to a larger population. These improvements might not make headlines, but it’s still work that has the potential to bring tangible improvement to countless lives.
In the ever-evolving world of Med Tech development, we like to think huMannity stands out not just for our innovative spirit but also for an unwavering commitment to making things better, and yes, sometimes that’s one small step at a time. So, while you’ll always see huMannity connected with radical new advancements in medical science, in a field dominated by profit motives, we’re grounded by our mission and a reminder of what's truly important: improving lives.