Medical Equipment

The R&D Tax Credit can provide an immediate source of cash as well as a significant reduction to current and future years’ federal and state tax liabilities.

Medical Kit Manufacturing Company

This company undertook a project to design and develop a new product package that improved the protection performance. They formed the initial prototype from a continuous roll of sheet stock and then thermoformed cavities in the plastic. Due to the weight and bulk of the product, the project specifications required a more intricate design. They encountered challenges regarding the capability of forming the trays. To overcome these uncertainties they utilized new tooling and an alternative tray sealing method to optimize the process.

This is just one example of the many ways your company could qualify!

Medical Device Development Company

The company took on a project to develop a miniscule hearing aid component and the related manufacturing process. They began by evaluating the feasibility of devising a new process to produce the component that could focus on the difficulty of the design process. There were numerous features of the production process such as specialized tooling, unique feed mechanisms and process-specific electronics, these features took into account the limitations imposed by this particular component as part of the hearing aid and was, therefore, minute in size.

This is just one example of the many ways your company could qualify!

Medical Device Development Company

The company worked to develop new and improved ferromagnetic detection systems for MRI safety by increasing the accuracy and mobility of the systems. This allowed the systems to break through interference and detect smaller hazardous materials in an MRI setting. They made changes to the software, firmware and electronic/mechanical components required to detect ferromagnetic materials. Lastly, they identified improvements to the mechanical components of the ferromagnetic detectors.

This is just one example of the many ways your company could qualify!

To see if you qualify for a state or federal R&D Credit, please complete our form below.