Frequently asked questions and answers....
How will I know that you received my idea?
You will receive an email within 3 business days from a member of the product development group confirming that your idea has been received.
How will I know if you have accepted my idea?
After you receive the confirmation email, we will begin our preliminary screening process, which takes 7 to 10 business days. Once that is completed, you will receive another email indicating whether or not we have accepted your idea for further review.
What kind of new product ideas will Whitney develop?
Whitney Medical Solutions focuses on innovative Class 1 Medical devices and lab solutions that solve real everyday problems and can be released quickly to the market. Ideas outside of these categories are still encouraged but are less likely to be pursued.
Do I need to make a financial investment to get the product to market?
No you do not. All development costs will be covered by Whitney Medical Solutions.
Will I be paid for my idea?
Yes, you will be compensated for your idea if Whitney Medical Solutions decides to pursue development. Compensation is either in the form of a royalty percentage of sales or a one time payment. Specific terms will be determined based on multiple factors including how developed the idea is when it is submitted to Whitney Medical Solutions. Product development will not begin until a royalty agreement is signed by both parties.
How do I know my idea is safe with Whitney Medical Solutions?
The royalty contract includes a non-disclosure agreement. Prior to that contract being signed, the submitter should not share any confidential information. To fully understand all of your rights, please read the Terms and Conditions prior to submission.
How long will it take to develop my idea?
Development time will vary and depends on, among other things, the complexity of your idea on how developed it is upon submission. The goal for all Whitney Medical Solutions’ projects is to be released within 1 year.
If I have questions, can I talk to someone?
Yes, you can call 847-470-9300 or email NewProducts@whitneyms.com
Summary of Next Steps - What happens when I push submit?
1. An automated email will be sent to our new product development group with your contact information and idea description.
2. 2-3 business days later a member of our new product development group will email you confirming that we are in the process of reviewing your idea.
3. After you receive the confirmation email, we will begin our preliminary screening process, which takes 7 to 10 business days. Once that is completed, you will receive another email indicating whether or not we have accepted your idea for further review.
4. If accepted, the email will contain a unique project number as well as a form to fill out requesting additional information.
5. You will have 3 weeks to fill out that form and return it to Whitney Medical Solutions.
6. We will take approximately 1 month for a Full Review of the additional information sent.
7. After that time we will let you know via email if we have chosen to pursue your idea and will request confirmation that you are still interested in working with us on this project.
8. Once we receive confirmation we will take approximately 1 week to draft a contract for work agreement which lays out our royalty/compensation plan.
9. After both parties sign the contract for work, Whitney Medical Solutions will begin to develop your product.
10. Please Note - Above timelines are approximate.
Previous collaborations:
The Pipet Keeper™ was suggested by a lab professional who was getting frustrated looking for waste containers for long, thin objects. Sharps Containers were too expensive and were too short to contain longer pipets. Our biohazard waste containers were also too short and the space was used inefficiently when long pipets cluttered the interior space. In response to her frustration, we configured the container differently. Instead of standing vertically on the work bench, we designed a container that sat horizontally, providing a length of more than 15” with a height of 3”, allowing for pipets to lay flat in the container for disposal.
The Whitney Valitome™ was designed in response to the needs of an orthopedic surgeon who knew there was a better way to apply bone cement during joint replacement surgery. He wanted the combined safety of a No-Scratch™ plastic with a tip configuration that would apply cement evenly with the ability to get into small spaces easily. The Valitome was named for his granddaughter, Valerie.