EO 14398 - medical device companies fail at rates up to 75% (falahat & falahat, 2024). Across 13 years of evaluating 14,000+ companies, MTI has documented a consistent cause: FDA market…
Active Definitive Contract Awarded Last action
- Contract number
- 75F40126C00123
- Awardee
-
Medtech Innovator UEI MMZKW1FL8VM3
- Awarding agency
-
Food and Drug Administration
Department of Health and Human Services
- Obligated
- $1,863,392
Award facts
- Contract value 95% obligated
-
- $1,863,392.00 Current, with exercised options
- $1,957,886.00 Potential, with all options
- Completion date 5% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541990 All Other Professional, Scientific, and Technical Services
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Los Angeles, CA 90024, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this award
The Food and Drug Administration awarded a $1,957,886 definitive contract on firm fixed price basis to Medtech Innovator for medical device company advisory and market authorization services, with completion by September 29, 2028.
Place of performance is Los Angeles, CA. The contract addresses FDA market authorization strategy and commercialization support for medical device innovators, informed by analysis of device company failure patterns and success factors across a 13-year evaluation period of over 14,000 companies.
Description
EO 14398 - medical device companies fail at rates up to 75% (falahat & falahat, 2024). Across 13 years of evaluating 14,000+ companies, MTI has documented a consistent cause: FDA market authorization is necessary but rarely sufficient. Innovators
Quick answers
Who was awarded contract 75F40126C00123?
75F40126C00123 was awarded to Medtech Innovator by Food and Drug Administration (Department of Health and Human Services) on September 30, 2026.
How much is contract 75F40126C00123 worth?
The government has obligated $1,863,392 on 75F40126C00123. Its potential value, with all options, is $1,957,886.
Was contract 75F40126C00123 competed?
The extent of competition for 75F40126C00123 was full and open competition. The government received 1 offer.
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