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Business Operations

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DioGenix: CEO Offers Tips on Pursuing the Right Product and Investors
2/19/2013
Blog Resource
Summary:

DioGenix, in Gaithersburg, Md., was founded in 2009 after CEO Larry Tiffany and his senior management team saw a clear clinical need: monitoring disease progression of multiple sclerosis (MS). Tiffany has an extensive background in biotech, as an IP attorney, and as a senior executive at small and mid-size biotech companies. Before DioGenix, he was senior vice president and general manager of genomics for another genomics research company, Gene Logic.

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O'Brien: Finding Startup Success as a Physician-Inventor Far From Healthcare Hotspots
2/19/2013
Blog Resource
Summary:

Dr. Todd O’Brien has additional challenges beyond those encountered by most startup life science CEOs. The 48-year-old podiatrist still sees patients even while developing his latest innovation: an electronic tuning fork for measuring diabetes-related nerve damage in people’s feet. He's also building his company in Orono, Maine - far from any major healthcare hub.

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TVAX: Cancer Researcher-turned-startup Founder Takes DIY Approach
2/19/2013
Blog Resource
Summary:

It’s a cancer immunologist’s dream to discover a safe and effective way to coax the body’s own immune system into waging war against invading cancer cells. Building a startup company around that finding, though, is definitely not every scientist’s forte. For Gary W. Wood, making the leap from laboratory to C-suite seemed like the next logical step.

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One Thing Life Science Entrepreneurs Can't Have? Fetishes
2/15/2013
Blog Resource
Summary:

There’s no silver bullet for becoming a successful life science entrepreneur. But at a session on entrepreneurship and innovation at the FutureMed conference at Singularity University in the Silicon Valley last week, three panelists shared their tips on achieving entrepreneurial success.

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Medivo: Finding the Right Investors and Customers is Key to Business Success
2/12/2013
Blog Resource
Summary:

Three years ago, Jason Bhan, MD, a family practitioner, went into business with a cousin—Sundeep Bhan, a serial entrepreneur—and a friend, Destry Sulkes, also an MD.  The three healthcare entrepreneurs founded Medivo, which developed tools to track symptoms, explain lab results, and provide personalized health information.

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Lessons from Failure :: Renting High-end Jewelry
Kander Diana
11/15/2012
Article Resource
Summary:

At age 25, Laura Sanko was a founding member of a startup that raised $3.5 Million from some world-famous investors and the Founder’s Fund.  The business model was simple: a website that rented high-end jewelry for special occasions for a fraction of the retail value of each piece.  Three years later, the investment money was all gone and while the site continued to operate, it had failed to meet the investors’ expectations.

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Globalization and outsourcing issues that worry medtech executives
Parmar Arundhati
6/27/2012
Blog Resource
Summary:

Global medical technology executives place a high value on quality, and it's that consistency of quality that keeps them up at night. Read more about the issue of quality in outsourcing.

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Watch Kauffman Foundation's experts break down a startup's business model
Seper Chris
6/22/2012
Blog Resource
Summary:

A life science company's business model is important to its success. Read more about validating a business model.

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Tips for startups from a healthcare accelerator
Stephanie Baum
5/23/2012
Blog Resource
Summary:

Startups are missing out on opportunities and need to step up their marketing efforts, says a healthcare accelerator co-founder. Read more on tips for new healthcare businesses.

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Medical device makers' biggest challenges
Parmar Arundhati
5/22/2012
Blog Resource
Summary:

Medical device startups, and even established medical device makers, face many challenges today. Read more about what those in the industry consider to be the toughest challenges.

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