Crowdfunding For Medical Devices and FDA Approval

The FDA approval process for medical devices is long, expensive and tough. The average cost to get a device approved by the FDA and bring it to the market can be more than $31 million depending on the type of application.

This can be an insurmountable obstacle for many entrepreneurs who have great ideas but don’t have the funds available to take them through this process.

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CEO, Founder of ScoutMine. Rapid and Sustainable user growth is startup funding and investing is my passion. #scoutmine

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