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The medical device industry is one of the fastest-growing in the U.S. PediaWorks focuses on an area that is often ignored: medical devices for the littlest patients. The Cleveland-based non-profit says practitioners are often left scrambling for suitable off-label replacements. The associated problems can range from pain and discomfort to matters of life and death, illustrated by the absence of pediatric pacemakers. PediaWorks is devising products such as cardiac catheters designed for infants and a brain retractor for use during neurosurgery. The latter of the two, adds Moran, also can crossover to the adult market without any modifications. Moran, PediaWorks' sole employee, says that he founded the company as a nonprofit in order to accept charitable grants. The intent is to spin off for-profit companies that bring the devices to market.

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