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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.
When you hear the word entrepreneur, what kind of image does your mind conjure up? If it’s a Mark Zuckerberg look-a-like pouring out HTML code in an Ivy League dorm room, you’re probably not alone. But you’re not exactly picturing the masses.
Would you rather buy the new Apple product or save that money in an interest bearing account? When is the right time for a person to start saving? I was lucky enough to have great parents that instilled the importance of saving in my brain. But I also had a different "saving gene" than my three older sisters who tended to and still do spend more than me.
Doctor.com founder and president shares insights on slow fundraising, hiring from the competition, and impressing at every presentation.
Access is especially tough for digital health entrepreneurs who are developing solutions for patients, physicians, and hospital networks.
Solving problems in healthcare isn’t easy, especially given the complexity of the space and the diversity of the stakeholders. Creating communities of engaged stakeholders around a common problem can be a powerful approach to prototyping, testing, and deploying solutions. That’s because these communities bring together people from multiple disciplines and perspectives.
Design thinking can be helpful to an entrepreneur in all phases of development -- from ideation and business model validation to customer development and growth.
When I talk to life science and digital health entrepreneurs, their motivation to make an impact is clear. But the biggest hurdle they face – once they have a product or tool of value – is to get their innovation into the hands of doctors, patients, and other stakeholders.
The most frequent question I get asked from entrepreneurs is “Where can I find dollars”? Assuming that they have done the work, the best I can do to help is to share the stories of entrepreneurs that have recently succeeded in raising funds in today’s tough environment.
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