First Meeting Of SouthEastern Medical Device Association A Success

ATLANTA, April 12 /PRNewswire/ -- A standing room only crowd attended the first meeting of the SouthEastern Medical Device Association (SEMDA) on March 31 in Atlanta. About 120 people -- including representatives of medical device companies, physicians, inventors, entrepreneurs and representatives of the venture capital and investment community -- attended the gathering at the Buckhead Club in the Atlanta Financial Center.

Co-founder and SEMDA President Rick Haury, a partner at Morris, Manning & Martin, LLP and Chair of its Healthcare/Medical Device Group, welcomed the overflow crowd. Featured speaker Dr. Cary Linsky, recently retired Director of Medical Affairs for Ethicon, Inc., a Johnson & Johnson company, outlined key issues in both clinical trials and in securing funding.

One key point was the importance of patenting new technologies and inventions. "Having the experience and a proprietary position is a good head start," Linsky said. He added that diligent clinical trials can help companies increase their valuations, since the more work that's done up front, the more appealing medical device companies can be to investors.

Haury told attendees that SEMDA is seeking members for its advisory board to help the organization grow, attract more members, and expand to other cities in the Southeast.

"One thing that makes SEMDA different from other medical device organizations is the presence of investors," Haury says. "In addition to educating physicians and inventors about pertinent issues, the group is also expected to help them network with investors who may provide sources of financing."

Future topics are expected to include fundraising, domestic and international regulatory issues, commercial and university licensing, commercialization of technology, intellectual property and negotiating strategies. The next SEMDA meeting is set for May 20. For more information, contact Rick Haury at 404.504.7713 or rhaury@mmmlaw.com .

SouthEastern Medical Device Association (SEMDA) is a networking community formed to assist inventors and entrepreneurs in locating sources of financing, navigating complex licensing, and regulatory issues, and growing their businesses. The organization provides members with information on topics such as fundraising, domestic, and international regulatory issues, commercial and university licensing, commercialization of technology, intellectual property, and negotiating strategies.

Morris, Manning & Martin, LLP, ( http://www.mmmlaw.com/ ) enjoys national prominence for its corporate finance, securities, litigation, technology, telecommunications, insurance, healthcare, environmental and real estate practices. Since 1999, the firm has represented clients in 20 IPOs worth more than $7 billion and in over 125 mergers and acquisitions worth more than $23 billion. Morris, Manning & Martin has offices in Atlanta, Charlotte, and Washington, D.C.

Morris, Manning & Martin, LLP

CONTACT: Terri Thornton of Thornton Communications, +1-404-932-4347, orterrithornton@mindspring.com, for Morris, Manning & Martin, LLP

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