Description
Application Submission Criteria
Submissions are limited to one submission per applicant. Applicants should provide in video format (5-10 minutes) the following items:
- Unmet Need & Market Opportunity
- Technical Description of the Product and Procedure* Concept (*if applicable)
- Evidence (Pre-Clinical & Clinical if Available)
- Regulatory Plan
- Reimbursement Plan
- USA Distribution & Commercialization Plan
Video submissions for the initial application process can be informal (for example, it can be a voiceover to a pitch deck). Applicants must also provide supporting documentation in PDF format. Video submissions for the initial application process can be informal. The top three chosen finalists must attend the live OrthoPitch event during the AAOS 2024 Annual Meeting and develop a professional video (2-3 minutes) in advance of the event to be shared in front of the live audience.
Application Review Process
Application Review Periods will be as follows:
- Application window will open on approx. June 1, 2023
- Application window will close on approx. July 27, 2023
- First round review will close approx. September 19, 2023
- Second round review will close approx. October 15, 2023
- Participants in the final round live at AAOS 2024 will be notified by approx. November 1, 2023
- Final round participants will provide a 2–3-minute professional video by January 1, 2024
Evaluations will be conducted in two virtual rounds, with AAOS’ Devices, Biologics, and Technology (DBT) Committee reviewing all applications for the first round to narrow the field to be reviewed by the second round. The second round of reviewers will narrow the applications to the top choices. All review fields are graded on a 10-point scale (10 = best), and these scores are averaged for a single overall rating score. The applicants with the highest overall scores will move on to the final round.
In the pre-screening phase, the presentations will only be to the key personnel, panelists, and contest judges, however, finalists will present their submissions publicly at the AAOS 2024 meeting.
First Round (initial impact to practice of medicine)
Surgeons from AAOS’ DBT Committee will review each technology with a focus on its impact on the practice of medicine and impact on patient care.
- Product concept
- Unmet need & market opportunity
- Improvement in the standard of care. Ease of implementation or integration into practice
Second Round (judging all attributes)
A panel of regulatory, reimbursement, and commercialization experts, physicians, and investors will judge each technology with a focus on all attributes – ease to market, reimbursement coverage, impact on market, commercialization.
Final Round
In San Francisco at AAOS 2024 Annual Meeting, the top three finalists will take the stage to pitch their product in hopes of winning the grand prize, which may include:
- Recognition as the winner of OrthoPitch for 2024
- Compensation (which may include cash and/or in-kind services)*
- Exposure to top seed & early-stage investors physicians, strategists, and fellow industry members
*amount TBD based on financing