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MedCityNews .com

Improving medical devices through real-world testing

When WiFi-enabled medical devices first came on the scene, there were relatively few of them. But as these devices have proven their worth, they have exploded in growth from hundreds to thousands in hospital environments. There are so many wireless devices competing on hospitals' WiFi systems and its increasing the risk that the devices will malfunction.

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Posted by: MedCityNews .com
on June 26, 2013
Category:  Execution 
5 Boston entrepreneurs explain issues in healthcare startups

If you're a startup working on a product for the healthcare industry, Boston is the place to be. During a trip to Bean Town, I was curious to hear what startup founders found most challenging in a city so rich with resources. The gripes I usually hear elsewhere, like troubles with seed funding or U.S. Food and Drug Administration regulation, didn't come up as much. Instead, these founders seemed to find the more personal elements of entrepreneurship most challenging. Many times I found myself talking to people who had made a shift from working in tech or research to becoming a business owner.


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Posted by: MedCityNews .com
on June 24, 2013
Category:  Growth 
Another healthcare investing portal opens as crowdfunding continues to increase

It's been just over one year since the JOBS Act was passed, which makes equity- and debt-based crowdfunding legal for accredited and nonaccredited investors. Although the U.S. Securities and Exchange Commission has yet to finalize and implement specific rules around those provisions, several online platforms have plowed ahead and created private portals for accredited investors and startups to find each other in the meantime.

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Posted by: MedCityNews .com
on June 19, 2013
Category:  Growth  Creation 
Life science entrepreneurs in NYC gain resource with new incubator in Harlem

New York City has been adding to its life science incubator landscape in the past couple years to dissuade biotech researchers graduating from its universities from heading to Boston or New Jersey or worse yet, the West Coast. The most recent development is a life science incubator in Harlem scheduled to open this fall that will house up to 20 companies.

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Posted by: MedCityNews .com
on June 17, 2013
Category:  Creation  Ideation 
Five strategic reminders for healthcare startups

Some advice is good enough to repeat and repeat and repeat. Marti Nyman is managing director of Altavail Partners, LLC, an innovation, strategy and business acceleration consultancy. He also writes at Think. Act. Grow. He recently spoke at a meet up of Healthcare.mn to share advice about building a new company. The advice is not new but it's easy to forget when you are focused on tactics and details of your unique company.

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Posted by: MedCityNews .com
on June 12, 2013
Category:  Execution 
Weekly Wisdom from Kauffman: Breaking Down Barriers to Life Sciences Commercialization

Because life sciences entrepreneurship thrives on harnessing new technologies, spurring innovation, and growing companies, the Kauffman Foundation met in 2003 with the Panel of Advisors on the Life Sciences to help advance those goals.

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Posted by: MedCityNews .com
on February 21, 2013
Category:  Creation 
DioGenix: CEO Offers Tips on Pursuing the Right Product and Investors

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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Posted by: MedCityNews .com
on February 19, 2013
Category:  Creation  Execution 
O'Brien: Finding Startup Success as a Physician-Inventor Far From Healthcare Hotspots

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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Posted by: MedCityNews .com
on February 19, 2013
Category:  Growth 
A Health Data Revolution? For Entrepreneurs It Has Just Begun.

At the FutureMed conference at Singularity University in the Silicon Valley this month, innovators from throughout the health field gathered for sessions on the future of medicine. A session on data-driven health provided insights into fascinating healthcare innovations centered on the use of health data. And it offered ideas for entrepreneurs looking to join the data revolution.

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Posted by: MedCityNews .com
on February 16, 2013
Category:  Creation 
One Thing Life Science Entrepreneurs Can't Have? Fetishes

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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Posted by: MedCityNews .com
on February 15, 2013
Category:  Ideation