I remember when looking for a new company domain feeling like this SNL comedy skit: http://vimeo.com/82393638
Medical companies are ruthless here. I ran an e-commerce store that sold medical equipment, it was nearly impossible to buy any .com domain name related to the medical industry. We ended up settling with JazzMed because one of our founders liked Jazz and we figured it was a unique brand. We ran the company for about 6 months slowly getting to a point where we had roughly 10 orders a day. Needless to say, once we started ranking well in Google a health care company called Jazz Pharmaceuticals threatened legal action, even went through the trouble of sending a certified letter from their lawyer. After reviewing our options and after receiving a formal complaint to the court from the company we decided to shut down and comply with their demands which was to transfer the domain ownership to them. We just didn't have the resources to hire a lawyer and keep the company going. The sad part is that there are so many businesses in that space it's nearly impossible to create a company name that doesn't sound like an existing one.
Naming is such a problem in the medical space, there are special provisions for trademarking medicines (class 5 marks), where they can be similar as long as they are used for very different ailments and there's no risk of confusion.
Medical companies are ruthless here. I ran an e-commerce store that sold medical equipment, it was nearly impossible to buy any .com domain name related to the medical industry. We ended up settling with JazzMed because one of our founders liked Jazz and we figured it was a unique brand. We ran the company for about 6 months slowly getting to a point where we had roughly 10 orders a day. Needless to say, once we started ranking well in Google a health care company called Jazz Pharmaceuticals threatened legal action, even went through the trouble of sending a certified letter from their lawyer. After reviewing our options and after receiving a formal complaint to the court from the company we decided to shut down and comply with their demands which was to transfer the domain ownership to them. We just didn't have the resources to hire a lawyer and keep the company going. The sad part is that there are so many businesses in that space it's nearly impossible to create a company name that doesn't sound like an existing one.