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Getting on the right path from the beginning is a key to an entrepreneur's success.
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.
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.
With double-digit growth expected in the life science market outside of the U.S., China or India is a likely place for a medical business to expand. Here's how to deal with third-party intermediaries.
Pharmaceutical companies are benefitting from partnerships with academic medical institutions, but can biotech companies do the same? Read more on clinician impact on medical device innovation.
A well-established business model is important for any startup, but it becomes even more vital for startups developing platform technology. IRISense CEO Brent Cousino said his company had multiple value propositions for his innovation that have provided different expansion paths of success.
At the core of any startup company is the idea. The idea is the true value of a company, according to LIM Innovations CEO and co-founder Andrew Pedtke, and he says protecting that idea should be a main priority.
An Ohio medical business specializing in the rapid detection of bacteria will expand its operations to eastern Ohio after the incubator it was using announced plans to close. Read more on NanoLogix and its bacteria detection test kits.
On Aug. 27, we are welcoming Slava Rubin, the CEO of Indiegogo, one of the most-successful and most-recognized crowdfunding platforms, to the Kauffman Foundation. We expect a full crowd for this event, but we also will be showing his presentation entitled “How to Raise $1Million in 30 Days or Less” on a live stream that can be found here.
Entrepreneurs know they need to innovate. The fact is, one academic shows, startup business owners are more apt to kill innovation than embrace it.
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