Lloyd Marks, MD, MBA, FACC, is an MIT trained Electrical Engineer, Johns Hopkins trained Pediatric Cardiologist, and Inventor. Always active in both medicine and medical engineering, Dr. Marks has been granted 22 Medical Device Patents. He currently gives advice to academic institutions, investors, and corporations regarding the commercialization of medical technology.
Background Experience - Dr. Marks was in academic medicine for 15 years, as the Director of the Cardiac Cath Lab at St. Christopher's Hospital for Children and the Division Chief of Pediatric Cardiology at the Children's Hospital of New Jersey. He was then in private practice for 18 years. In 1997 he opened his clinical practice, specializing in Pediatric and Adult Congenital Heart Disease, where he provided clinical evaluation, electrocardiography, echocardiography, stress testing, Holter/event monitoring, diagnostic cardiac catheterization, and interventional cardiac catheterization.
After closing his clinical practice in 2015, Dr. Marks went to business school and obtained an MBA from the Haslam School of Business, University of Tennessee. While there, he wrote a business plan with financial projections for his startup company, MGI Medical, LLC, commercializing a non-invasive patient monitor for the detection of post-operative bleeding. Dr. Marks has successfully licensed 9 of his inventions to industry and assigned 8 to MGI.
Litigation Support - With his unique background in the field of medical device commercialization, Dr. Marks has been involved in protracted Patent Infringement litigation with a successful outcome. He is adept at explaining to a jury in lay terms complex medical technology and terminology, ranging from MRI readings to the difference between "clinical" and "statistical" significance. Dr. Marks' cases include all matters pertaining to:
- Pediatric Cardiology Medical Malpractice
- Medical Devices Standard of Care
- Intellectual Property Protection
- Invention Commercialization
Areas of Expertise:
- Medical Devices / Medical Monitors
- Cardiology / Pediatric Cardiology
- Medical Record Review
- Medical Technology IP, Patents, Licensing, Royalties
- Medical Device Inventions
- Medical Device Due Diligence
- Medical Technology Business Plans
- Medical Technology Financial Projections
View Dr. Lloyd Marks' Consulting Profile.
[Inventor] has developed a highly accurate robotic phlebotomy device. It was first described in 2013. The current version of the device uses ultrasound guidance and 3D near-infra-red (NIR) stereoscopy markedly improve accuracy. (The technology is patent pending).