Globus is committed to the advancement of spine medical technology and improving patient care. As such, we invest in a robust research and development program. An essential element of that program is working with the medical community on research projects. Globus supports genuine independent medical research for the advancement of spine knowledge and discovery in the following two distinctive areas;
Basic Science Research
Globus Medical supports Basic Science Research that may include new approaches to surgical techniques, understanding spine biomechanics and biochemistry, and novel treatment of spinal disorders. This is accomplished by providing research grants for studies with scientific merit. Each research project includes a contract establishing fair market value for services provided and a written proposal or protocol.
Clinical Research Studies
Globus Medical may fund Clinical Research Studies that are of scientific interest for uses of devices as indicated and cleared or approved by the US Food & Drug Administration.
Proposals for such funding should be made in writing on the institution’s letterhead to the Globus Medical Research Group. The document must include all relevant aspects of the proposed study and a budget detailing the specific costs of the study.
Funding pursuant to a research grant request is in no way intended to impact a surgeon’s choice of products. In fact, any inference of a connection between research funding and past and future sales will have a detrimental effect on the funding decision and may prohibit Globus from approving the grant request. Globus aims to fund research studies based on novel content unless the proposing institution or researcher can justify a repetitive study. Requests will be evaluated by the committee based upon relevant criteria, including:
- Area of study
- Proposal/protocol completeness and quality
- Scope of study
- Scientific merit
If a proposal/protocol is approved, a written response will be provided and the institution and researcher will be required to sign an agreement outlining the terms of the research before the study commences or funds are disbursed. Funding will be limited to an amount covering reasonable associated costs. Overhead costs are carefully considered to determine whether they are reasonable and in accordance with company policies. Globus will structure the funds in accordance with the completion of study related milestones as defined in the written agreement. If a proposal or protocol is rejected, a written response will be provided to the investigator with an appropriate explanation for the decision.
Contact the Company for more information.
Funding pursuant to a research grant request is in no way intended to impact a surgeon’s choice of products. In fact, any inference of a connection between research funding and past and future sales will have a detrimental effect on the funding decision and may prohibit Globus from approving the grant request.