Press release

PrinterPrezz Establishes Co-Location Center to Accelerate Additive Manufacturing of Medical Devices

0
Sponsored by Businesswire

PrinterPrezz, Inc., a trailblazer in combining metal 3D printing,
nanotechnologies and surgical expertise to design and manufacture next
generation medical devices, today announced that it has partnered with
UCSF Surgical Innovations, an incubator-accelerator for medtech
innovators at UC San Francisco. Together, both groups are focused on
bringing advanced medical devices to market faster. The partnership
includes:

  • A co-located innovation facility at PrinterPrezz that provides
    engineering and manufacturing access, along with an open ecosystem of
    hardware, software and engineering that facilitates the
    commercialization of new ideas in less time
  • Access to the expertise of UCSF clinicians, engineers, trainees, and
    administrative staff and their knowledge of clinical needs and product
    performance specifications
  • A platform for both protection of UCSF intellectual property (IP) and
    jointly developing new IP, further accelerating research into
    development of actual products

Dr. Hanmin Lee, Professor of Surgery at UCSF Benioff Children’s
Hospitals and Surgical Innovations’ Clinical Lead, commented, “Our
commitment to innovation, research, and new technologies drives us to
continuously develop transformative methods of care. UCSF Surgical
Innovations’ partnership brings together university research and
development expertise with access to outstanding industry design and
manufacturing capabilities.”

Dr. Jeffrey Barry, Assistant Professor of Clinical Orthopaedic Surgery
at UCSF, specializing in adult hip and knee reconstruction for
arthritis, added, “Building on experience as an arthroplasty surgeon, I
have several ideas that I have been developing, and this relationship
gives me the opportunity to work with design engineers to further
develop, prototype and build new devices with the goal of improving
patient care.”

“We recognize the special role of innovation hospitals in making
clinical advancements more accessible to broader patient populations,”
said Shri Shetty, CEO of Bay Area-based PrinterPrezz. “We established
our co-location center as a foundation for hospital partners to incubate
and accelerate ideas from sketches to commercialization quickly. Our
joint IP agreement provides our partner hospitals an essential
environment to develop their ideas safely. PrinterPrezz provides direct
access design and production technologies, allowing UCSF clinicians to
develop more ideas than previously possible.”

PrinterPrezz’s unique co-location center provides key resources to
partners including access to technology, IP incubation, and faster
commercialization. This opens doors for innovation hospitals to take
existing dormant IP and new ideas to market quickly by providing direct
access to resources not available inside the hospital.

About PrinterPrezz

PrinterPrezz’s mission is to bring more ideas for innovative medical
devices to market faster, connecting medicine and manufacturing to
become the first Medifacturing™ company in the world. By developing
advanced medical devices using processes that combine expertise in 3D
printing, orthopaedics, semiconductor and nanotechnologies,
PrinterPrezz’s ultimate goal is to provide medical solutions that enable
people to enjoy active lives longer. PrinterPrezz’s ecosystem aims to
solve challenges for various parts of the medical innovation value chain
by providing prototyping, development, and manufacturing services to
create life-enhancing medical devices. PrinterPrezz provides customers
with access to a variety of 3D printing machines, 3D manipulation
software, and 3D scanners as well as advanced manufacturing processes,
and surgeon education programs. Medical solutions created by
PrinterPrezz are designed to enable more people to live happier and more
gratifying lives. For additional information about the company, please
visit www.printerprezz.com.

About UCSF Surgical Innovations

UCSF Surgical Innovations’ mission is to accelerate the translation of
pioneering medical devices to improve patient care. To accomplish this,
the program aims to lower the barriers for surgeon-innovators, focuses
on value-based solutions with market viability, and educates trainees in
interdisciplinary collaboration and translation. The program acts as a
hub for device innovators, providing project consultation, seed grants,
hands-on engineering support, and access to a network of device industry
professionals. Surgical Innovations is a joint initiative of the UCSF
Departments of Surgery and Bioengineering and Therapeutic Sciences. For
more information about the program, please visit www.surgicalinnovations.ucsf.edu.