eMed Blog

Seeking angel investment? Check out this matching service for entrepreneurs and investors

Thu, 23 May 2013 07:38:00 -0500

Angel investors are wealthy individuals who make early-stage investments in and provide advice to startups. In a slump following the recession, angel investment rebounded in 2011 with angels investing $22 billion in entrepreneurs.

How entrepreneurs can make the most of tight finances, even when hiring

Tue, 21 May 2013 07:33:00 -0500

Anatomage, which launched in 2004 in San Jose, is an anatomy image software company specializing in 3D medical technology. In the almost-decade since starting the venture, CEO Jack Choi said he's learned much about managing tight finances and knowing when to jump in and when to throw in the towel.

eMed's 6 to follow in entrepreneurship

Fri, 17 May 2013 10:46:00 -0500

Get engaged in the conversation with this weeks eMed's 6 to follow in entrepreneurship.

Considering crowdfunding? Get an in-depth look at one new platform

Thu, 16 May 2013 06:36:00 -0500

Looking for early-stage financing for your life science or digital health startup? Crowdfunding, in which individuals and teams can raise money over the Internet from dozens or thousands of sources in small amounts, has become a popular financing tool.

The secret to FDA approval, and other insights, from a med tech CEO

Tue, 14 May 2013 08:01:00 -0500

Lisa Earnhardt, president and CEO of Intersect ENT, shares tips on finding your customer, working with physicians, and collaborating with the FDA.

Funding insights for entrepreneurs from top med tech investors

Mon, 13 May 2013 07:58:00 -0500

At the MedTech Investing Conference in Minneapolis last week, two sessions focused specifically on med tech funding: from early- and late-stage investing to emerging funding sources available to private companies.

eMed's 6 to follow in entrepreneurship

Fri, 10 May 2013 10:21:00 -0500

Find out what this weeks eMed's 6 to follow entrepreneurs had to say.

The FDA’s med tech priorities – and what they mean for entrepreneurs

Fri, 10 May 2013 08:43:00 -0500

At the MedTech Investing Conference in Minneapolis on Wednesday, Dr. Jeffrey Shuren, director of the FDA's Center for Devices and Radiological Health outlined the administration's key priorities related to the med tech industry.

Translational Medicine Alliance uncovers opportunities for life science entrepreneurs

Thu, 09 May 2013 05:54:00 -0500

Because significant funding is needed to develop new, innovative life science and digital health products and tools, fewer ideas are making the leap from research institutions to product development teams. This clash between the short-term, earnings-driven needs of the medical marketplace and the risky, lengthy, and capital-intensive process of bringing medical ideas to fruition is a major challenge facing modern medicine.

The state of the med tech venture industry

Wed, 08 May 2013 14:56:00 -0500

Medical devices have outperformed most other sectors in the venture industry from 2001 to last year. But a capital crunch remains.

At MedTech Investing Conference, "Med tech is alive and well"

Wed, 08 May 2013 13:21:00 -0500

"Med tech is alive and well, despite what we hear out there," Kevin Wasserstein, founder and principal at MentorCatalyst, told the attendees of today's MedTech Investing Conference.

How life science companies can find – and exploit – the needs of the marketplace

Tue, 07 May 2013 06:03:00 -0500

Dinu Sen, CEO of Amplyx Pharmaceuticals, offers tips on finding need in the sector, hiring, and determining whether working with an accelerator is right for your company.

Event Preview: MedTech Investing Conference

Mon, 06 May 2013 07:34:00 -0500

Medical technology innovators and investors from across the country will gather Wednesday in Minneapolis for the 12th annual MedTech Investing Conference. With panels on alternative funding models, maximizing ROI, and the FDA on the agenda, we asked conference co-chair Dennis Wahr, CEO of Holaira, what insights life science and digital health entrepreneurs can expect to take away from the event.

Event Preview: MedTech Investing Conference

Mon, 06 May 2013 07:34:00 -0500

eMed's 6 to follow in entrepreneurship

Fri, 03 May 2013 10:14:00 -0500

Get helpful startup tips from this week's eMed's 6 to follow in entrepreneurship.

What the new age of health care means for life science entrepreneurs

Thu, 02 May 2013 06:37:00 -0500

David Ewing Duncan, director of the Center for Life Science Policy at the University of California, Berkeley, published an "old-fashioned call to arms and action plan for a new age of health care." The Personalized Health Manifesto was developed with the participation of about three dozen life science leaders in science, medicine, business, and more.

Ginger.io: Co-founder offers insights on partnerships and building momentum

Tue, 30 Apr 2013 07:03:00 -0500

Described as a "check engine light" for health, the Ginger.io platform culls smartphone data, such as movement patterns and screen time, to develop health insights. After the co-founders met in 2010, the team participated in the TechStars accelerator in Boston.

eMed's 6 to follow in entrepreneurship

Fri, 26 Apr 2013 11:10:00 -0500

Learn about eMed's 6 to follow in entrepreneurship this week.

Weekly Wisdom from Kauffman: Lessons in innovation from China and India

Thu, 25 Apr 2013 07:42:00 -0500

Thanks to the movement of research and development to China and India, scientists there are quickly developing the ability to innovate and create their own intellectual property, according to a Kauffman Foundation study.

Paul Sonnier: Founder of LinkedIn’s 17,000-member Digital Health group

Tue, 23 Apr 2013 07:40:00 -0500

As head of digital health strategy for the consulting firm Popper and Company, Paul Sonnier helps entrepreneurs develop and commercialize their products. He’s also a mentor for the accelerator Blueprint Health and founder of the Digital Health group on LinkedIn, which boasts nearly 17,000 members.

eMed's 6 to follow in entrepreneurship

Fri, 19 Apr 2013 13:50:00 -0500

Find out who we are highlighting in this week's eMed's 6 entrepreneurs to follow on twitter.

Weekly Wisdom from Kauffman: The 'friendliest' places to start your company

Thu, 18 Apr 2013 07:32:00 -0500

The Silicon Valley might not be the "friendliest" place to start your life science or digital health company. A small business survey released this month by the Kauffman Foundation and Thumbtack.com gave Austin, Virginia Beach, and Houston top honors as the friendliest cities for small businesses.

Cellanyx Diagnostics: CEO shares tips from the startup trenches

Tue, 16 Apr 2013 06:40:00 -0500

It hasn’t been a year since the Cellanyx Diagnostics team spun out their technology from Columbia University. But, halfway to raising $1 million worth of seed funding for the company, CEO Ashok Chander can already share tips from the trenches.

Dominique's Desk: Entrepreneurial Learning Centers

Mon, 15 Apr 2013 11:46:00 -0500

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.

eMed's 6 to follow in entrepreneurship

Fri, 12 Apr 2013 10:34:00 -0500

Join the conversation this week with eMed's entrepreneurs to follow on twitter.

Weekly Wisdom from Kauffman: What the ‘cost disease’ means for entrepreneurs

Thu, 11 Apr 2013 06:55:00 -0500

It’s well known -- and deeply concerning -- that the cost of health care in the United States is exploding. A Kauffman Foundation-funded book, The Cost Disease: Why Computers Get Cheaper and Health Care Doesn't, explores the cause of this problem and provides an explanation.

BioCurious: Bio-hacker space cofounder on funding and regulatory issues

Tue, 09 Apr 2013 08:01:00 -0500

BioCurious is a Silicon Valley bio-hacker space with a dual mission: community education and work with entrepreneurs. Cofounder Raymond McCauley, who is also chair of biotechnology at Singularity University, said BioCurious provides lab space, equipment and a community for entrepreneurs.

eMed's 6 to follow in entrepreneurship

Fri, 05 Apr 2013 12:48:00 -0500

Here's the next in our series of people for entrepreneurs to follow on twitter. Join the conversation.

New eMed research report: C3N, a collaborative chronic care network

Thu, 04 Apr 2013 14:13:00 -0500

A collaborative chronic care network based at Cincinnati Children’s Hospital Medical Center links entrepreneurs with doctors, patients, families, researchers, and other stakeholders. C3N, funded by grants from the National Institutes of Health and the Agency for Healthcare Research and Quality, is meant to improve health outcomes for large populations, accelerate the pace of learning, and increase the speed of innovation – all while reducing healthcare costs.

Dominique's Desk: Navigating the fundraising process

Thu, 04 Apr 2013 13:44:00 -0500

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.

Weekly Wisdom from Kauffman: The role of academia in drug development

Thu, 04 Apr 2013 06:18:00 -0500

A Kauffman Foundation town hall meeting explored how the government, nonprofits and academic institutions could help enhance drug development and bring more effective drugs to market.

New eMed white paper: Funding Sources for Life Science Startups

Wed, 03 Apr 2013 11:11:00 -0500

eMed has published the first in a series of white papers focused on issues key to life science and digital health entrepreneurs. The first white paper, Funding Sources for Life Science Startups, offers countless ideas on how to raise capital for a healthcare product: from a drug or device to the emerging health IT and mobile health segments.

LUMO: Co-founder shares tips on seeking feedback and using networks

Tue, 02 Apr 2013 07:23:00 -0500

LUMOback is the first product by LUMO, a Palo Alto-based company founded by three entrepreneurs – including one who suffered back problems for years. Charles Wang, co-founder and CMO, shared what he’s learned since the company’s launch in 2011 and the product’s release last year.

eMed's 6 to follow in entrepreneurship

Fri, 29 Mar 2013 14:22:00 -0500

Read about the six lifescience and healthcare entrepreneurs we'll be following this week on twitter.

Weekly Wisdom from Kauffman: How legal reform can promote innovation

Thu, 28 Mar 2013 07:10:00 -0500

As a life science entrepreneur, you surely have ideas on how changing legal rules and policies could promote innovation and accelerate U.S. economic growth. The Kauffman Foundation, seeking suggestions on how to jumpstart the struggling economy, convened America’s leading legal scholars and social scientists to offer their thoughts.

Bioarray Therapeutics: CEO offers insights on sharing the company’s vision

Tue, 26 Mar 2013 06:28:00 -0500

The vision at Bioarray Therapeutics, a biotechnology company in Boston, is to improve cancer detection and treatment. By finding genes associated with cancer, the company is developing a diagnostic for breast cancer that can help doctors and patients choose the best treatment.

Weekly Wisdom from Kauffman: How entrepreneurs can improve productivity and quality in healthcare

Thu, 21 Mar 2013 07:08:00 -0500

With U.S. healthcare costs rising about 2.5 percent faster than inflation, there’s an urgent need to improve productivity and quality in American healthcare. A Kauffman Foundation report found that open access to medical data could help find that cost-benefit balance.

Atul Butte: Biotechnology entrepreneur on success and failure

Tue, 19 Mar 2013 07:03:00 -0500

As a biomedical informatics researcher and biotechnology entrepreneur in the Silicon Valley, Atul Butte has big ideas about the future of life science entrepreneurship. His Butte Lab works to solve genomic medicine problems through new developments in translational bioinformatics.

Weekly Wisdom from Kauffman: Startup Visas for foreign-born entrepreneurs could jumpstart economy

Thu, 14 Mar 2013 06:45:00 -0500

With Washington buzzing about the possibility of comprehensive immigration reform this year, a new Kauffman Foundation white paper showed how Startup Visas for foreign-born entrepreneurs could help jumpstart the economy.

Why startups have to pitch attorneys like investors (video)

Thu, 14 Mar 2013 00:00:00 -0500

Startups are not just a risk for investors. They are also a risk for the attorneys and other service providers that choose to work with them. That's because there's no guarantee an early-stage company will be around to pay a law firm for all the work it's done - let alone become a long-term customer.

Morpheus Medical: Co-founder shares insights on securing funding and managing costs

Tue, 12 Mar 2013 09:00:00 -0500

With the goal of revolutionizing cardiac MRI, Morpheus Medical has developed software that takes the process from three hours to about 20 minutes. The company was launched about a year and a half ago when entrepreneurs who wanted to use computational processing to help with the diagnosis of disease came together with radiologists from Stanford University to commercialize the product.

Weekly Wisdom from Kauffman: Immigrant scientists help to improve cancer survival rates

Thu, 07 Mar 2013 07:21:00 -0600

With immigrants in more than 40 percent of the cancer researcher slots at America’s top cancer institutes, these scientists are playing an integral role in improving cancer survival rates in the United States, according to a Kauffman Foundation-funded National Foundation for American Policy report released last month.

Weekly Wisdom from Kauffman: America’s high-growth health and drug companies reside in some unexpected locales

Thu, 28 Feb 2013 07:47:00 -0600

More than 6 percent of Inc. 500 firms work in the health and drug space, making it the No. 5 industrial sector for these fast-growing companies from 2005 to 2010. But these medical innovators aren’t all concentrated in the Silicon Valley.

Weekly Wisdom from Kauffman: Breaking Down Barriers to Life Sciences Commercialization

Thu, 21 Feb 2013 10:52:00 -0600

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.

DioGenix: CEO Offers Tips on Pursuing the Right Product and Investors

Tue, 19 Feb 2013 09:00:00 -0600

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.

O'Brien: Finding Startup Success as a Physician-Inventor Far From Healthcare Hotspots

Tue, 19 Feb 2013 09:00:00 -0600

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.

A Health Data Revolution? For Entrepreneurs It Has Just Begun.

Sat, 16 Feb 2013 16:16:00 -0600

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.

One Thing Life Science Entrepreneurs Can't Have? Fetishes

Fri, 15 Feb 2013 15:57:00 -0600

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.

Weekly Wisdom from Kauffman: Old(er) = Entrepreneur

Thu, 14 Feb 2013 15:41:00 -0600

The archetypal entrepreneur is a strapping 20-something. But we shouldn’t count out Baby Boomers as the next innovators.

Dane Stangler, senior analyst at the Kauffman Foundation, uncovered these facts in some recent Kauffman Foundation research:

How to Use Book Smarts to Build a Digital Health Startup

Wed, 13 Feb 2013 18:26:00 -0600

One way for life science and digital health entrepreneurs to innovate: turn landmark literature into accessible, web-based programs.

That’s what Omada Health, a San Francisco startup, has done for diabetes prevention. In a session on the future of intervention at the FutureMed conference at Singularity University in the Silicon Valley last week, the company’s co-founder and CEO Sean Duffy explained the effort.

Medivo: Finding the Right Investors and Customers is Key to Business Success

Tue, 12 Feb 2013 17:19:00 -0600

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.

TVAX: Cancer Researcher-Turned-Startup Founder Takes DIY Approach

Tue, 12 Feb 2013 09:00:00 -0600

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.

Lessons from a young biotech leader

Fri, 24 Aug 2012 15:53:00 -0500

A young biotech leader is sharing lessons learned about launching a startup. Read more about her take on intellectual property, funding and other topics.

How to build a great startup team

Thu, 23 Aug 2012 15:45:00 -0500

Hiring a team for your startup should begin with a core team of three people and build from there. Read more about a strategy for building your team.

Venture capital deals drop for life sciences sector in second quarter

Tue, 21 Aug 2012 09:19:00 -0500

Venture capital funding declined in the second quarter for the life sciences sector. Read more about how medical device startups and biotech companies fared.

Understanding a venture capitalists process

Thu, 16 Aug 2012 09:12:00 -0500

Securing venture capital can be a guessing game of trying to decide whether an investment will come through or not. Read about how you can work to get a positive answer and how you can tell if the answer may be a negative one.

Medical device startups must show products economic value

Wed, 15 Aug 2012 15:55:00 -0500

Medical device startups must demonstrate a product's economic value as well as its clinical usefulness, say industry leaders. Read more about their advice for new healthcare businesses.

Universities get creative with technology commercialization

Tue, 14 Aug 2012 09:17:00 -0500

Universities are finding innovative ways to commercialize technology with startup incubators, partnerships and other avenues. Read more about university technology transfer.

A financial model that attracts investors

Thu, 09 Aug 2012 15:36:00 -0500

Attracting life science investors and keeping their interest requires being able to show them what it costs to run your business. Read more for tips on what should be in your financial model.

Creating a business model that works

Wed, 08 Aug 2012 15:43:00 -0500

Creating a successful business model is just a first step. The real work begins when the business model is tested and adapted for the real world. Read more for tips.

Partnering with foundations for clinical trials

Tue, 07 Aug 2012 15:58:00 -0500

Life science startups are finding partners lately in organizations that fight specific diseases. Read more about how these groups can help with financing and managing clinical trials.

Startup incubator pros and cons

Thu, 02 Aug 2012 09:06:00 -0500

Should you use a business incubator to launch your startup? Read more about the benefits and drawbacks of using a startup incubator and decide if it's right for you.

Communicating with investors is a needed skill for company founders

Wed, 01 Aug 2012 15:41:00 -0500

Sharing information with investors is important at all stages of a company's growth. Read more about what investors want to hear.

Life science entrepreneurs Know your roles and your profit sharing

Tue, 31 Jul 2012 15:20:00 -0500

New healthcare business plans can go wrong if the life science company founders don't discuss how they'll split up proceeds and shares of the company. Read what the Kauffman Foundation and other leaders suggest for life science entrepreneurs.

Tips for entrepreneurs working with universities

Fri, 27 Jul 2012 15:31:00 -0500

Life science entrepreneurs are partnering with universities to bring new products to market. Read more for tips on working with universities.

Is your digital health startup subject to HIPAA

Thu, 26 Jul 2012 15:15:00 -0500

Is your digital health startup subject to HIPAA regulations? Here's a quick HIPAA overview for startups.

Developing a reimbursement strategy for your product

Tue, 24 Jul 2012 15:10:00 -0500

Understanding reimbursement issues for new medical devices and therapeutics is an important part of bringing a product to market. Read more for tips from entrepreneurs who have been through this process.

Designing web and mobile solutions that are useful for patients

Thu, 19 Jul 2012 15:05:00 -0500

Creating useful web and mobile health solutions for patients is important at a time when so many consumers are using smartphones to access the web. Read about tips on making your health app a success.

Angel investors filling startup capital void

Wed, 18 Jul 2012 14:56:00 -0500

Angel investors and angel networks are becoming a growing source of early-stage investments for startups. Read about why angel investors are outpacing venture capitalists in early-stage investing.

Advice on hiring and building a great team

Tue, 17 Jul 2012 14:53:00 -0500

What makes a great team? Hiring employees who are smart and capable isn't enough. Read more for tips on what to look for when hiring employees for your startup.

Decoding a term sheet Four important points for entrepreneurs

Thu, 12 Jul 2012 14:59:00 -0500

A term sheet is a complex legal document, but it's important for entrepreneurs to understand these four points when closing deals with investors.

Protecting IP portfolio is key for life science startups

Wed, 11 Jul 2012 15:24:00 -0500

Building and protecting an intellectual property portfolio for your life science startup is important not only for protecting an idea, but also for increasing your company's valuation. Read more for tips on intellectual property protection.

Having the right mindset is as important as the right idea for a startup

Tue, 10 Jul 2012 15:13:00 -0500

Succeeding as a life science entrepreneur takes more than a great idea. The entrepreneur must have a strong belief in his or her mission in order to face obstacles that present themselves.

Should entrepreneurs do due diligence on potential investors

Thu, 05 Jul 2012 15:26:00 -0500

When looking for funding, new healthcare businesses should conduct due diligence on potential investors to build the best board of directors possible.

Venture capital investment by corporations down in first quarter

Wed, 04 Jul 2012 15:33:00 -0500

Venture capital investment by corporations in the healthcare sector fell in the first quarter, but that may improve since the Affordable Care Act was upheld. Read more about investments in the healthcare sector.

Medical device industry leaders react to Supreme Court ruling

Tue, 03 Jul 2012 15:22:00 -0500

The medical device industry watched with interest as the U.S. Supreme Court ruled on the Affordable Care Act. Read more for their reactions.

Three ways to look at a startups total addressable market

Thu, 28 Jun 2012 14:19:00 -0500

Determining the total addressable market is an important step for early-stage startups. Here are three ways to do it.

Globilization and outsourcing issues that worry medtech executives

Wed, 27 Jun 2012 13:09:00 -0500

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.

Digital health companies getting larger investment deals this year

Tue, 26 Jun 2012 13:04:00 -0500

Investments in digital health are on the rise this year, both in terms of the amount of dollars invested and the number of companies getting investment deals. Read more about this trend.

The next big idea in healthcare Collaboration

Mon, 25 Jun 2012 14:14:00 -0500

Collaboration might just be the key to moving healthcare innovation forward, and a Kauffman Foundation demonstration project is putting this idea to the test. Read more about this project with early-stage innovators.

Revisiting the Kauffman Life Science Ventures Summit via Storify

Mon, 25 Jun 2012 09:53:00 -0500

Thoughts on entrepreneurship in the life sciences and digital health from the Kauffman Life Science Ventures Summit are the featured topic of this Storify piece.

Video help along the way for life science entrepreneurs

Sun, 24 Jun 2012 14:23:00 -0500

Advice for life science entrepreneurs goes beyond the dollar value that could be placed on it. Watch this collection of videos with insights on a variety of topics of interest to life science entrepreneurs.

What kind of cofounder gets the biggest stake in the company

Sat, 23 Jun 2012 14:41:00 -0500

Dividing up equity is one of the issues that co-founders face. Read more for guidance on how to split equity among founding partners.

Life science provisional patents Be ready to file plenty and quickly

Sat, 23 Jun 2012 13:33:00 -0500

With changes in the patent process favoring life science companies who are first to file an idea, companies can't be afraid to file multiple applications, including some that are never used. Read more about filing to protect your intellectual property.

Life science intellectual property strategy in China and beyond

Sat, 23 Jun 2012 13:28:00 -0500

A life science company needs an intellectual property strategy in China, according to one successful entrepreneur. Read more for tips on securing your intellectual property.

How you know when a mentors introduction may be worthless

Sat, 23 Jun 2012 13:24:00 -0500

Finding a mentor for your new healthcare business can be important, but the wrong mentor could hurt your business. Read more for tips on identifying a bad mentor.

When nondilutive money is a distraction and an opportunity

Fri, 22 Jun 2012 14:44:00 -0500

Non-dilutive funding offers startups a lot of advantages, but some entrepreneurs get caught up chasing too many grants. Read more about choosing which funding sources to pursue.

Watch Kauffman Foundations experts break down a startups business model

Fri, 22 Jun 2012 14:35:00 -0500

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

The case for going on a yearlong fundraising road show

Fri, 22 Jun 2012 14:12:00 -0500

Entrepreneurs raising money for a life sciences startup can take many paths. One CEO makes the case for raising money slowly.

Healthy above all Genomic Health CEOs guide to starting a great business

Fri, 22 Jun 2012 13:16:00 -0500

Hiring smart people for a new company is not enough, says Kim Popovits of Genomic Health. Read more about what she thinks is important when growing a company.

Life Science Ventures Summit packed with advice for entrepreneurs

Thu, 21 Jun 2012 13:35:00 -0500

Life science entrepreneurs at the Life Science Ventures Summit are set to gain valuable knowledge this weekend from those in the know. Read more about this event for life science entrepreneurs.

How to sell technology to hospitals

Wed, 20 Jun 2012 13:22:00 -0500

Selling technology to hospitals can be daunting, but not if you know how to stand out from other vendors. Read more about what to do to sell your technology.

Healthcare data security tips for mobile devices

Tue, 19 Jun 2012 13:13:00 -0500

Security for mobile medical devices is key in the healthcare industry. Read more for tips on keeping healthcare data secure.

Why open innovation is good for healthcare innovation

Thu, 14 Jun 2012 14:49:00 -0500

Sometimes the best healthcare innovations come from great minds outside of the healthcare industry, which is why it's important for startups to have diverse minds on staff.

Five tips for pitching at a venture fair

Wed, 13 Jun 2012 13:07:00 -0500

Making your pitch at a venture fair can lead to great things, but being prepared matters. Read more about choosing the right venture fairs to attend, along with other tips.

Healthcare crowdfunding site coming soon

Tue, 12 Jun 2012 13:11:00 -0500

A crowdfunding website for healthcare innovators will launch soon, providing startups an alternate funding source. Read more about this resource for healthcare startups.

Benefits of social media outweigh risks says former hospital CEO

Thu, 07 Jun 2012 12:59:00 -0500

Social media helps healthcare business leaders stay in touch with peers and the industry. Read one former hospital CEO's take.

Medical device maker finds success on his own terms

Wed, 06 Jun 2012 13:41:00 -0500

A medical device maker has found success without a sales force or venture capital. Read more about this bootstrapper's way of doing business.

Should the venture capital industry change its pay model

Tue, 05 Jun 2012 13:52:00 -0500

Although the compensation structure for venture capital funds may not be ideal, it does not appear to be changing anytime soon. Read more about the pros and cons of the VC pay model.

Healthcare reform opportunities emerge in big data decision support tools

Thu, 31 May 2012 12:26:00 -0500

Chief Technology Officer Aneesh Chopra says U.S. healthcare reform is driving changes in the healthcare market that create new entrepreneurial opportunities.

Medtech VC makes case against late stage deals

Wed, 30 May 2012 12:44:00 -0500

Late-stage deals don't have much value for one outspoken venture capitalist. Read more about the reasons for his claim.

Four tips for getting SBIR and STTR grants

Tue, 29 May 2012 11:51:00 -0500

Getting government funding can be difficult for life sciences startups, but it can be done. Read more for tips on how to get SBIR and STTR grants.

Which areas will rule the future of healthcare innovation

Thu, 24 May 2012 12:54:00 -0500

A healthcare VC predicts that more DNA sequencing and the shift from patients to healthcare consumers, among other things, will rule the future of healthcare innovation.

Tips for startups from a healthcare accelerator

Wed, 23 May 2012 12:46:00 -0500

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.

Medical device makers biggest challenges

Tue, 22 May 2012 12:42:00 -0500

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.

Acquistion or bust A few things to know about exit strategies for startups

Thu, 17 May 2012 11:33:00 -0500

Exit strategies for startups are limited these days, so a company should start working early to track down potential acquirers. Read about startup acquisition.

GE Healthymagination Fund looking for startups to invest in

Wed, 16 May 2012 11:53:00 -0500

Medical device startups and other life science companies are receiving funding from the GE Healthymagination Fund. Read more about how the fund works.

Venture capitalist advises startup owners to give the FDA some respect

Mon, 14 May 2012 12:49:00 -0500

Medical device startups are advised to respect the FDA and answer its questions, according to a panelist at a recent investing conference. Read more about this discussion.

How to hire a successful leadership team

Thu, 10 May 2012 12:34:00 -0500

Besides having a good idea, the biggest key to a startup's success is having a diversified leadership team containing four personality types. Read more about forming a great team.

What your company needs to know when creating a social media policy

Wed, 09 May 2012 12:51:00 -0500

Creating a social media policy is important for today's medical device startups and other biotech companies. Read more for tips on handling social media.

How medical device makers can adapt to emerging health trends

Tue, 08 May 2012 12:32:00 -0500

Medical device startups may need an alternate strategy to address the coming changes resulting from an increased emphasis on wellness. Read more for tips.

Biotech companies should expect a few ethical issues in drug development

Thu, 03 May 2012 11:45:00 -0500

Biotech companies can expect to encounter a few ethical dilemmas with clinical trials and marketing. Read about ethical issues in drug development.

Life science industry tips for women

Wed, 02 May 2012 12:39:00 -0500

Women working in the life sciences can be successful, as speakers on a recent panel showed. Read more about tips they shared for women to do well in this industry.

Accelerators help startups in many ways but arent great for venture capital returns panel says

Tue, 01 May 2012 11:30:00 -0500

Accelerators provide lots of helpful things to startups, but don't really generate venture capital returns, according to a recent panel. Read more about the discussion.

Healthcare startups turn to SBIR grants to fill funding gap

Thu, 26 Apr 2012 10:50:00 -0500

Government funds are available for companies researching and developing medical products. Read about how Small Business Innovation Research grants are a great source of non-dilutive funding for new healthcare businesses.

An alternative to fast failure in medical device innovation

Wed, 25 Apr 2012 10:35:00 -0500

In medical device development, challenging weaknesses early in the process can help an entrepreneur zero in on problem areas. Read more about this twist on the idea of fast failure.

Data is key to bringing down healthcare cost curve says new Kauffman report

Mon, 23 Apr 2012 10:40:00 -0500

Data sharing can bring down healthcare costs, says a new Kauffman Foundation report. Read about open access to medical data.

Making the leap from physician to entrepreneur

Thu, 19 Apr 2012 11:00:00 -0500

Physician entrepreneur Dr. Jen Dyer talks about the similarities and differences between running a healthcare business and being an academic researcher.

Venture capital investments in healthcare drop to five quarter low

Wed, 18 Apr 2012 11:14:00 -0500

Healthcare investing by venture capitalists dropped to its lowest level in five quarters, but the decrease follows a five-quarter high. Read more for details.

Building medical device to address global health issues

Tue, 17 Apr 2012 10:38:00 -0500

Making medical devices to solve global health problems can be tougher yet more rewarding than building medical devices for more advanced countries. Read more about how companies can serve both markets.

Kauffman Life Science Ventures Summit to guide startup owners

Sat, 14 Apr 2012 10:56:00 -0500

Healthcare business plans and business models are among the topics for discussion at the Kauffman Life Science Ventures Summit in June. Read more about this opportunity for life science entrepreneurs.

Who gets the title founder in your healthcare startup

Thu, 12 Apr 2012 11:22:00 -0500

The title of founder should be given to one person in a startup if possible, or to multiple people with equal equity in the company, says entrepreneur Jay Adelson.

What nanotechnology startups need to know to attract investors

Wed, 11 Apr 2012 11:16:00 -0500

Nanotechnology startups are competing for investment dollars, but those who have a strong management team and can meet a market need will stand out. Read more tips on getting nanotech investments.

What venture capitalists want to see in personalized medicine companies

Tue, 10 Apr 2012 11:19:00 -0500

Venture capital investments are in high demand, but some personalized medicine companies succeed in securing dollars. Read more for tips on what venture capitalists want to see in a personalized medicine company before investing in it.

Using media coverage to get startups in front of potential customers partners investors

Tue, 10 Apr 2012 11:09:00 -0500

Entrepreneurs launching healthcare startups are great candidates for local and national media coverage if they know the best way to tell their stories. Read tips for media pitches.

Funding for startup is key topic at Kauffman Life Science Ventures Summit

Tue, 03 Apr 2012 10:47:00 -0500

Finding funding for a life science startup will be one of the featured topics at the Kauffman Life Science Ventures Summit in June. Read more about this upcoming event for entrepreneurs.

New medical device review guidelines issues by FDA

Fri, 30 Mar 2012 10:22:00 -0500

The FDA has issued new guidelines to explain to makers of new innovative medical devices how the agency goes about evaluating certain medical devices. Read more about the new guidelines.

Writing a business plan for digital health startups Sketch try fail and learn

Thu, 29 Mar 2012 10:30:00 -0500

Digital health startups should wait to write a business plan until they've explored all of the possible business models and tested out a prototype business model, according to one expert.

Kauffman Life Science Ventures Summit seeks applicants

Tue, 27 Mar 2012 10:19:00 -0500

Early-stage life science entrepreneurs are being sought to take part in the Kauffman Life Science Ventures Summit in June. Read more about the industry experts participating and the topics they will address.

Accounting for first time entrepreneur

Thu, 22 Mar 2012 08:56:00 -0500

First-time entrepreneurs can get professional advice from accountants in this video. Topics include accounting basics such as taxes, payroll and financial records.

CEO offers startups a business incubator alternative

Wed, 21 Mar 2012 09:03:00 -0500

While business incubators have gained popularity, one CEO is offering an alternative that he says is better. Read more about the pitfalls of incubators.

Healthcare led other industries in angel investments last year

Tue, 20 Mar 2012 09:58:00 -0500

Angel investors put more money into healthcare than any other industry last year. Read more about why angel investors are favoring healthcare startups, especially medical device startups.

Kauffman Foundation Postdoctoral Entrepreneur Awards recognize entrepreneurship excellence

Thu, 15 Mar 2012 10:01:00 -0500

Two entrepreneurs will be recognized by the National Postdoctoral Association and the Ewing Marion Kauffman Foundation at the NPA's annual meeting tomorrow in San Francisco. Read more about the accomplishments of this year's 2012 Ewing Marion Kauffman Foundation Outstanding Postdoctoral Entrepreneur and 2012 Ewing Marion Kauffman Foundation Emerging Postdoctoral Entrepreneur.

Getting the most out of a meeting with the FDA

Wed, 14 Mar 2012 09:53:00 -0500

A meeting with the FDA can be hard to get, so it's important to make the most of it. Read more for tips on how medical device startups can maximize their time with the FDA.

Finding a cofounder for your healthcare business

Tue, 13 Mar 2012 09:39:00 -0500

Starting a healthcare business is easier with a partner who has the skills you lack. Read more for tips on what to remember when looking for a co-founder.

Entrepreneurs can expect some negativity remorse when selling a small business

Thu, 08 Mar 2012 09:28:00 -0600

For an entrepreneur, selling a small business can be a stressful time. Here's what to expect, including disapproval from others and seller's remorse.

Could the FDA Delay efficacy test to speed devices to market

Wed, 07 Mar 2012 09:06:00 -0600

Medical devices could get to market faster if regulators didn't have to test for both safety and efficacy of new devices. Read more about how the use of post-market studies could bring new therapies to patients more quickly.

Five sales strategies medical device startups should avoid

Tue, 06 Mar 2012 09:51:00 -0600

Some medical device sales strategies that worked in the past are not recommended now. Read more for alternatives to boost sales for medical device startups.

Six business plan mistakes that will irk venture capitalists

Thu, 01 Mar 2012 10:24:00 -0600

Read advice from a venture capitalist on how to write a business plan and avoid common mistakes in a medical business plan.

Life science CEOs lose sleep over next hurdle strategic thinking

Wed, 29 Feb 2012 14:22:00 -0600

Life science entrepreneurs give insight into what they are made of by answering one question. Read more about what keeps life science CEOs up at night.

Is the biotech valley of death nothing more than supply and demand

Tue, 28 Feb 2012 14:18:00 -0600

Young biotech companies sometimes face a valley of death in funding, but a venture capital researcher is challenging that idea. Read more about the early stage funding valley of death.

Could your new healthcare business benefit from convertible debt

Thu, 23 Feb 2012 13:48:00 -0600

Convertible debt is a fundraising mechanism used in any stage of a new healthcare business, but it may be especially appealing in the early stages.

Getting a CE Mark could get tougher

Wed, 22 Feb 2012 14:06:00 -0600

Getting a CE Mark in Europe has allowed American medical device makers to commercialize quickly before getting U.S. Food and Drug Administration approval to sell medical devices domestically. Read about how the less stringent European regulation methods are now being questioned.

Ten tips for making a good pitch to investors

Tue, 21 Feb 2012 14:38:00 -0600

How do you impress an investor? Here are 10 tips about what to say and how to say it when making your pitch. Read more for ideas you can use in honing your pitch today.

Virtual clinical trials could soon be an option for pharma biotech companies

Thu, 16 Feb 2012 14:41:00 -0600

Pfizer Inc. is testing a pilot of a virtual clinical trial program that could be of interest to medical device startups and young pharmaceutical and biotech companies.

Startup Health classes launching to help entrepreneurs

Wed, 15 Feb 2012 14:29:00 -0600

StartUp Health classes will begin next month, giving entrepreneurs a structured program to launch a healthcare business. Read more about the program for startup businesses.

Early stage funding Is the valley of death real

Tue, 14 Feb 2012 13:55:00 -0600

Early stage company entrepreneurs have been warned about a "valley of death" for funding. Read about whether it's real or just a myth.

Successful mobile health apps need simple searchable product pages

Thu, 09 Feb 2012 14:32:00 -0600

Designing successful mobile health apps is becoming more challenging with the growth of the digital health market. Read about mobile health marketing.

FDA medical device user fees to double

Wed, 08 Feb 2012 14:00:00 -0600

FDA medical device user fees will more than double during the next five years. Read more about why the FDA is increasing its fees.

Starting a biotech company Read these five books for advice

Tue, 07 Feb 2012 14:25:00 -0600

Starting a biotech or pharma business is easier with advice from those who have tried it. Read more about the books that share the successes and failures of biotech and pharma entrepreneurs.

Growing your healthcare business by creating an internship program

Thu, 02 Feb 2012 14:11:00 -0600

Building a workforce for a healthcare business can be tough for entrepreneurs on a tight budget. Read about creating an internship program in a small business.

For medical device companie social media is not the best marketing tool

Wed, 01 Feb 2012 14:03:00 -0600

Medical device startups are advised to avoid using the popular social media sites for marketing. Read more about better marketing choices for medical devices.

Healthcare startup investing rose in Midwest last year

Tue, 31 Jan 2012 16:04:00 -0600

Venture capital investment in healthcare startups increased last year in the Midwest, but the dollar amount raised lags behind earlier years. Read more about the state of venture capital investing in healthcare startups.

Balance expertise crucial in forming a board of directors

Thu, 26 Jan 2012 14:57:00 -0600

Having a balanced and knowledgeable board of directors is crucial for new healthcare businesses. Here's advice on forming a board of directors.

Business models shift as health goes digital

Wed, 25 Jan 2012 15:13:00 -0600

As digital health grows, healthcare business models are changing too. Read about healthcare business plans for digital health companies.

Filling the gap in funding for startup life science companies

Tue, 24 Jan 2012 15:51:00 -0600

When it comes to funding for life science companies, it isn't a matter of angel investing versus venture capital. Read about funding sources for startups.

Entrepreneurs tips for designing successful new health apps or devices

Fri, 20 Jan 2012 15:49:00 -0600

At the 2012 Health Innovation Summit, entrepreneurs offered advice to medical companies for designing successful new health apps and devices.

Taking the first steps toward FDA approval for your innovative medical device

Thu, 19 Jan 2012 13:23:00 -0600

Before you create a medical device prototype, you should know which form of FDA approval it will need. Read about the FDA approval process.

Tips for life science entrepreneurs on making great speeches

Wed, 18 Jan 2012 13:32:00 -0600

Leaders of biotech companies and other life science businesses need to keep their speeches focused and light on the science. Read more about this and other tips for giving great speeches to investors or anyone else.

Is locavesting the next logical step for small business financing

Tue, 17 Jan 2012 16:13:00 -0600

Local investing could be the answer to the problem of dealing with big banks and the way they do business. Read more about this funding alternative for startups.

Is locavesting the next logical step for small business financing

Tue, 17 Jan 2012 13:13:00 -0600

Local investing could be the answer to the problem of dealing with big banks and the way they do business. Read more about this funding alternative for startups.

Tips on selling mobile health devices when buyers fear theft

Mon, 16 Jan 2012 13:41:00 -0600

Selling mobile health devices can be a challenge when your customers are afraid their devices could be stolen. Read more about what to ask during the sales process.

Healthcare venture capital ended 2011 with five quarter high

Fri, 13 Jan 2012 16:08:00 -0600

Healthcare investing saw a five-quarter high at the end of 2011, with medical devices getting the largest number of deals. Read more about the state of healthcare venture capital today.

Tips on how to win NIH research grants

Thu, 12 Jan 2012 13:35:00 -0600

The National Institutes of Health has billions of dollars designated for biotech research. Read about how to win NIH research grants.

Leaner hospital supply chains could open doors for new healthcare businesses

Wed, 11 Jan 2012 16:21:00 -0600

Small healthcare companies have a vested interest in seeing hospitals develop better supply chain programs. Now one new study gives those hospitals a blueprint for streamlining their supply chains and boosting their chances of finding room for new healthcare vendor partners in the process.

Choosing a business incubator Keep these tips in mind

Tue, 10 Jan 2012 15:18:00 -0600

Selecting a business incubator may not be as simple as you think. Read more from a healthcare business entrepreneur who shares what he learned from his experience.

Crowd funding coming are you ready

Mon, 09 Jan 2012 15:46:00 -0600

It's more than possible these days to raise capital in small doses, but such funding techniques mean entrepreneurs must know what these investors want to see before they write a check. As Congress formalizes a sweeping crowd funding bill, it's time to get your ducks in a row.

Healthcare entrepreneurs can get NSBRI funding for ideas used in space

Fri, 06 Jan 2012 15:55:00 -0600

A NASA-funded academic consortium is on the hunt for a few good bioscience ideas -- and it's now offering funding opportunities to healthcare startups that can provide them.

PR for an early stage company When do you need it

Thu, 05 Jan 2012 16:25:00 -0600

Publicity is good for an early-stage company, but you shouldn't be pumping lots of dollars into public relations for your new healthcare business. Read more about the right time to hire a PR agency.

Healthcare entrepreneurs get some support from Uncle Sam

Wed, 04 Jan 2012 15:58:00 -0600

The U.S. government has kept a close eye on the medical company startup market, and, after some review, has taken concrete steps to offer unique services and tweak key regulations to get healthcare company products off the ground and into the marketplace.

Venture capitalists to spend more on health IT less on devices this year

Tue, 03 Jan 2012 13:44:00 -0600

Venture capital investing in health IT is expected to increase, while investing in medical devices and biopharmaceuticals drops, according to a recent National Venture Capital Association survey. Read more about why VCs are favoring health IT companies.

To find the right candidate dig deeper

Fri, 30 Dec 2011 14:45:00 -0600

Entrepreneurs are a busy lot, and the busiest startup owners may take shortcuts when interviewing job candidates. But failing to ask the right questions in such situations could cost your business plenty.

Jobs at startups require canadites with more than a strong resume

Thu, 29 Dec 2011 13:22:00 -0600

Just because an applicant has strong qualifications doesn't mean he's the right employee for you. Read more about establishing the right business culture at your healthcare startup.

New York City opens business incubator

Wed, 28 Dec 2011 13:49:00 -0600

New York City has sort of been left out of the entrepreneurial business incubator dynamic. But not anymore. Several new business incubators, including one located smack in the middle of the Big Apple, just hung their "open for business" signs.

Communicating with the FDA Be proactive startup veteran says

Tue, 27 Dec 2011 11:16:00 -0600

When communicating with the FDA during the approval process, it's best to be proactive, says startup veteran Jane Hollingsworth. Read more about her advice for those launching new healthcare businesses.

Entrepreneurs optimistic heading into 2012 survey says

Fri, 23 Dec 2011 11:19:00 -0600

Entrepreneurs are optimistic about 2012, with a general feeling that the worst of the Great Recession has passed, according to one survey. Read more about the survey's other findings.

When why and how to patent your innovative medical device

Thu, 22 Dec 2011 14:49:00 -0600

A strong intellectual property portfolio is key to your healthcare startup. Read how to go about getting a patent for your innovative medical device.

Seeking funding for your startup Dont overlook foundations

Wed, 21 Dec 2011 14:05:00 -0600

Life science startups looking for funding should keep foundations in mind as a potential source. Read more for tips on getting funding from foundations.

New healthcare businesses get a funding boost from Healthbox

Tue, 20 Dec 2011 13:45:00 -0600

Would you, the healthcare startup owner, accept $50,000 in funding in exchange for a 7 percent equity stake in your business? That's the question a Chicago-based healthcare seed accelerator is asking healthcare entrepreneurs. And pretty soon, we'll see how they answer that question.

Why should some medical cities be happy about Occupy Wall Street

Mon, 19 Dec 2011 14:54:00 -0600

New healthcare businesses in some medical cities may benefit from the Occupy Wall Street movement. Read more about how cities in areas without state incentives for investment could be better off in the near future.

Six innovation killers for small businesses

Fri, 16 Dec 2011 14:09:00 -0600

Entrepreneurs know they need to innovate. The fact is, one academic shows, startup business owners are more apt to kill innovation than embrace it.

Opportunities and challenges of expanding in the global life science market

Thu, 15 Dec 2011 13:53:00 -0600

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.

Seeking federal funding for your life sciences company

Wed, 14 Dec 2011 13:58:00 -0600

Life sciences startups seeking federal funding can benefit from these quick tips. Read more for ideas on where to look and how to go about it.

Startup Weekend brings 54 hours of collaboration and innovation to healthcare

Mon, 12 Dec 2011 14:18:00 -0600

Startup Weekend facilitates global entrepreneurship through 54-hour innovation sessions. Now it's turning its eye to creating new healthcare businesses and medical device startups.

Is there golden opportunity in the Golden State

Fri, 09 Dec 2011 13:18:00 -0600

California doesn't have a great reputation for business, but facts are facts, and those facts state that the Golden State is far and away the best place to launch a new business. Says who? Thousands of new startup employees.

How to find investors for your life science startup Advice from angels

Thu, 08 Dec 2011 13:07:00 -0600

Angel investors in the life sciences talk about when, why and how to seek angel funding for your pharmaceutical, mobile and medical device startups.

Startup healthcare firms vulnerable to hackers

Wed, 07 Dec 2011 14:15:00 -0600

Healthcare entrepreneurs have enough on their plate without worrying about security breaches. But ignore those breaches and you risk losing your entire company.

Five questions entrepreneurs must answer to get an investment from West Health

Tue, 06 Dec 2011 11:22:00 -0600

How do medical device startups and other new healthcare businesses get investments? They need to know how to answer some key questions, according to the manager of the West Health Investment Fund.

Medical mobile apps to play larger role in patients health if doctors let them

Mon, 05 Dec 2011 13:39:00 -0600

Medical mobile apps will be placing patients in closer touch with their own health data, if doctors are willing to give up that control. That was one of the takeaways from a speaker at the mHealth Summit going on in Washington, D.C.

Small biotech companies could benefit from business friendly bills in Congress

Fri, 02 Dec 2011 14:11:00 -0600

Small biotech companies may have the feeling that venture capital firms are avoiding small life sciences firms like the plague. But maybe not for long -- if Washington has anything to say about it.

How do medical device startups meet todays regulatory challenges

Thu, 01 Dec 2011 11:37:00 -0600

What's the best strategy for developing and launching a new medical device? The uncertainty of the regulatory and reimbursement environment in the United States has made venture capitalists wary of investing in new medical device companies, but that doesn't mean all is lost.

What to do aspiring entrepreneurs really want

Wed, 30 Nov 2011 10:50:00 -0600

A top-ranked business school has taken a look at the wish list of aspiring entrepreneurs. What tops that list might surprise you.

Top 10 life sciences markets identified in new study

Tue, 29 Nov 2011 10:40:00 -0600

If you guessed that the top life sciences markets are on the east and west coasts, you'd be right. However, several parts of the Midwest are now considered emerging markets. Read more to learn the locations of the top 10 life sciences markets.

Nanotechnology firms college partners to get 3 million boost

Mon, 28 Nov 2011 09:52:00 -0600

Nanotechnology firms will benefit from $3 million in grants from a Pennsylvania organization that wants to encourage innovation. Read more about this program for businesses and colleges.

Are Synthes corporate officers first of many to be punished by FDA

Fri, 25 Nov 2011 08:39:00 -0600

Medical device startups should take notice of the legal case that sent a medical device maker's corporate officers to prison because of clinical trial missteps. Read more about the case.

Startup study finds leading global entrepreneurs embrace adversity

Wed, 23 Nov 2011 10:29:00 -0600

Successful global entrepreneurs actually thrive during difficult times and find opportunities, according to a new Ernst & Young study. Read more about their secrets to success.

Want a great template for an entrepreneurial incubator Think like a Wolverine

Tue, 22 Nov 2011 10:47:00 -0600

Some entrepreneurial incubators are better than others. For a good role model, check out the University of Michigan.

Five medical problems ripe for investment

Mon, 21 Nov 2011 09:27:00 -0600

In the healthcare business landscape, there's plenty of healthcare investing happening. However, there are still medical problems that could benefit from more investment. Read more about them.

Pros and cons of venture and angel investing

Fri, 18 Nov 2011 10:25:00 -0600

In Part Two of our look at early-stage entrepreneurial funding, we examine the pros and cons of the two primary startup funding mechanisms: venture capital and angel funding.

Angel investing versus venture capital Part I

Thu, 17 Nov 2011 08:34:00 -0600

As year-end approaches and entrepreneurs regroup to figure out financing options for 2012, it's a good time to take a look at the two major sources of new business funding -- angel investing versus venture capital.

Life sciences venture deals down in third quarter

Wed, 16 Nov 2011 09:44:00 -0600

The number of life sciences venture deals was down in the third quarter and first-time funding was down as well. Read more about the reasons behind the numbers.

Updated patent laws will change how device makers innovate

Tue, 15 Nov 2011 10:43:00 -0600

How will medtech and biotech companies be affected by the recently approved Leahy-Smith America Invents Act? Read more for five things these companies need to know about the modernized patent laws.

Artificial pancreas has a way to go

Mon, 14 Nov 2011 08:43:00 -0600

Although progress has been made toward creating an artificial pancreas, there is still a long way to go. Read more about the work being done on this medical device.

Tips for getting CE Mark

Fri, 11 Nov 2011 10:33:00 -0600

With medical device companies becoming increasingly frustrated with the U.S. Food and Drug Administration, many American companies are looking to Europe to get approval there first. Here are some tips to consider before pursuing the CE Mark.

An investment trend could hurt startup health IT firms

Thu, 10 Nov 2011 11:57:00 -0600

Venture firms are approaching angel investor groups to co-invest at the growth stage of startups. Read more about the impact this could have on startup health IT companies.

Whats ahead for the FDA

Wed, 09 Nov 2011 10:54:00 -0600

Should the U.S. Food and Drug Administration protect the public or drive innovation? One industry leader gives us his take on the future of the FDA.

Philanthropy goes outside biomedicine for latest lessons

Wed, 09 Nov 2011 10:22:00 -0600

Medical foundations play a role in helping medicine advance through their philanthropy, but sometimes even the most well-intentioned of them can lose their way. Read more about how these foundations can stay focused on their goals.

New concept in informed consent aims to clear research hurdle for startups

Wed, 09 Nov 2011 10:05:00 -0600

In biotech research, the gathering and analysis of data takes a great deal of time. With portable legal consent, Sage Bionetworks aims to reduce data collection time for researchers so they can make their discoveries earlier.

Healthcare payers gain a bigger stake in biomedical innovation

Wed, 09 Nov 2011 09:36:00 -0600

Biotech companies that work with healthcare payers can get a better sense of the kinds of innovations that are most in demand. Read more about how working with payers can give innovators an edge.

Economic uncertainty clouds outlook for biomedical research

Tue, 08 Nov 2011 08:59:00 -0600

Panelists at the Partnering for Cures conference agreed that straightening out the economy here and abroad would go a long way toward making research dollars available to advance biomedical research. However, until economic conditions improve, it's hard to say how biomedical startups will fare.

Changing the status quo with an innovative idea

Tue, 08 Nov 2011 08:49:00 -0600

The Chief Academic Officer of the Center for Integration of Medicine and Innovative Technology urges busy doctors not to ignore the ideas they have for improving medicine.

Partnering for Cures conference focuses on biotech research

Mon, 07 Nov 2011 10:18:00 -0600

This week, eMed will be providing coverage of Partnering for Cures, a conference bringing together leaders in biotech research to discuss the healthcare business landscape.

FDA regulators should take page from European handbook

Fri, 04 Nov 2011 09:04:00 -0500

The U.S. Food and Drug Administration's laborious and lengthy approval process is hitting healthcare business owners in the pocketbook. But the FDA could be hitting consumers worse.

Five tips for medical device makers seeking FDA approval

Thu, 03 Nov 2011 09:32:00 -0500

Medical device startups will be way ahead of their competitors if they know what to expect from the FDA approval process. Read more for tips on how to be prepared.

Feds finally move on mobile healthcare apps

Wed, 02 Nov 2011 09:21:00 -0500

Finally, the U.S. Food and Drug Administration is getting around to regulating mobile health applications. It's early in the game, but what do the new rules look like?

Medical device innovation held back by regulations overseas competition

Tue, 01 Nov 2011 09:48:00 -0500

Federal regulations and overseas competition are just two of the barriers holding back medical device innovation, says one medical device industry executive. Read more about the other roadblocks to innovation.

Mistakes to avoid in a drug or medical device launch

Mon, 31 Oct 2011 13:02:00 -0500

Despite having a great product, your company can suffer from mistakes made during the product launch. Here are five tips on avoiding the mistakes others have made.

StartX Training ground for Stanfords best and brightest

Fri, 28 Oct 2011 13:15:00 -0500

Academia is getting ever more aggressive about helping entrepreneurs get a running start. An emerging crown jewel could well be Stanford University's brand new StartX.

Should surgeons profit from using medical devices they create

Thu, 27 Oct 2011 13:11:00 -0500

Many would agree that surgeons are qualified to create innovative medical devices that may be superior to what is currently available. But the controversy arises when surgeons begin to profit by purchasing their own products for use in their patients.

Biotech companies need to diversify use new apporaches to survive today

Wed, 26 Oct 2011 12:08:00 -0500

At this week's Biotech 2011 conference, speakers from Teva Pharmaceutical Industries and Merck spoke about how biotech companies can survive in this tough regulatory and economic environment.

American medical device industry cant have it both ways

Wed, 26 Oct 2011 11:52:00 -0500

In the race to get new medical devices to market, companies encounter FDA speed bumps that slow down the process. But would we really be willing to accept the risks that would accompany fast FDA approvals?

A lesson on funding cycles

Tue, 25 Oct 2011 16:41:00 -0500

Can "boom and bust" cycles exist in the venture funding market? You bet they can. And recent data from the chemical sector is a great example of how and why.

Biotech leader says FDA needs a chief innovation officer

Mon, 24 Oct 2011 12:14:00 -0500

The FDA needs a chief innovation officer to help the agency stay informed about the latest technological advances, says the head of the biotechnology industry's leading trade group. Read more about what he has to say on the FDA and FDA reform.

Whos the Steve Job of healthcare

Fri, 21 Oct 2011 13:25:00 -0500

Does the healthcare business have its own Steve Jobs? Maybe not, but instead there are many individuals and companies doing innovative biotech research.

Can entrepreneurs avoid No Mans Land

Thu, 20 Oct 2011 12:19:00 -0500

In a venture funding climate seeking large returns, thousands of potentially successful entrepreneurial startups can't get the financing they need to make a difference in the economy and in the culture. The problem isn't a new one, but it is a damaging one.

Tips on turning academics into entrepreneurs

Wed, 19 Oct 2011 13:22:00 -0500

There is no shortage of well-educated people in academic environments. But the challenge is in turning the attention of those bright minds to entrepreneurship. Here are a few ideas on how to do it.

The best ways to mentor talent in your healthcare business

Tue, 18 Oct 2011 13:18:00 -0500

How can healthcare CEOs train the next generation of company leaders? One study suggests training is best done with a healthy dose of no-nonsense straight talk in a one-on-one setting.

Healthcare venture capital deals continue downward trend

Mon, 17 Oct 2011 12:33:00 -0500

The number of healthcare venture deals is at its lowest level in at least five quarters, according to a new report. However, healthcare seed investment hit a record high in the same quarter.

Angel funding on the rise

Fri, 14 Oct 2011 11:58:00 -0500

There's stability and then there's outright growth. For healthcare business owners looking for angel funding, they'll have to accept the former and wait some more on the latter. But at least it's progress.

Medical device makers must deliver both clinical and economic value

Thu, 13 Oct 2011 12:59:00 -0500

Commercializing a medical device that's clinically superior is not enough in today's economic climate. Medical device companies need to market products that have both clinical and economic value, says the CEO of Medtronic.

Regenerative medicine makes progress but still struggles to attract investors

Wed, 12 Oct 2011 13:08:00 -0500

Regenerative medicine has come a long way in recent years, leading some venture capitalists to consider investing in it. The roadblock to investing in this field is not a lack of funds, but rather a lack of a clear explanation of regenerative medicine's commercial applications, says one former venture capitalist.

Innovating in a post crash world

Tue, 11 Oct 2011 12:37:00 -0500

If this really is the "new abnormal," entrepreneurs have to change their ways. In a profession where "adapt or die" isn't just a motto, change isn’t a luxury - it's a necessity.

Health IT tips for cloud computing

Mon, 10 Oct 2011 12:28:00 -0500

Cloud computing is becoming more popular with companies, including those in health IT. Here are some tips to keep in mind before signing with a cloud vendor.

New NIH program trains tomorrows healthcare researchers

Fri, 07 Oct 2011 13:05:00 -0500

Making new medical discoveries is the lifeblood of the healthcare startup world. That's why the National Institutes of Health wants to lend a hand with a new training program for tomorrow's research geniuses.

Five tips for securing angel investments

Wed, 05 Oct 2011 12:22:00 -0500

Landing an angel investment takes a special approach. Learn from the advice of those who've tried and succeeded at lining up angel investors for their healthcare businesses.

Looking to expand overseas Learn from a leading venture capitalist

Tue, 04 Oct 2011 12:55:00 -0500

Going global is on the wish list of many U.S. entrepreneurs, especially given the sour American economy. But how to go about it? One leading venture capitalist offers some clues.

A medtech startup owners musthave traits

Mon, 03 Oct 2011 11:48:00 -0500

Owners of medical device startups who have certain traits may have more success than others. Here is a list of the successful medtech CEO's needed traits.

Saving time by outsourcing the interview process

Fri, 30 Sep 2011 11:35:00 -0500

Leave it to a Harvard Business School graduate to come up with a great idea for healthcare entrepreneurs. It's a service that pre-screens job candidates via video using your questions so you don't have to.

Small business growth by color and category

Thu, 29 Sep 2011 11:41:00 -0500

Growing your healthcare business can be done by paying attention to four categories, according to a finance professor's book of advice. Read more about how the categories, or colors, can be used to form a growth strategy.

Healthcare innovators challenges discussed at Medtech Vision healthcare conference

Wed, 28 Sep 2011 16:25:00 -0500

Being in the healthcare business is getting tougher when it comes to bringing innovative products to market. A recent conference included discussions about some of the challenges that medical innovators are facing today.

Medical device startups can benefit from patent reform

Tue, 27 Sep 2011 14:44:00 -0500

Medical device startups could reap the benefits of patent reform, especially the shorter regulatory approval process that would allow companies to get their patents faster. Read more about the changes ahead for patent seekers.

"Globalization" the key word for today's pharma CEOs

Mon, 26 Sep 2011 13:59:00 -0500

PPD's new CEO Ray Hill brings global knowledge and experience that will help the CRO succeed in today's healthcare business landscape. Read more on CROs and global entrepreneurship.

Pharmaceutical company takes cues from digital marketers in other industries

Fri, 23 Sep 2011 12:21:00 -0500

Pharmaceutical companies are trying to adapt their marketing to an increasingly digital world. To get a handle on this environment, one company has appointed a digital advisory board of marketers from other industries.

NIH looks to fund life sciences innovators

Thu, 22 Sep 2011 15:55:00 -0500

Healthcare innovators can benefit from a trio of grant awards from the National Institutes of Health. Read more about how the NIH is helping innovators in the life sciences field.

Medical device startup company proves fundraising dollars are out there

Wed, 21 Sep 2011 10:31:00 -0500

A disposable insulin pump maker has completed the biggest equity financing transaction this year, proving that fundraising dollars are not as scarce as some might think. But the company, Valeritas, has a lot of things on its side. Read more about the company's advantages.

NIH streamlines invention licensing process for healthcare startups

Tue, 20 Sep 2011 13:02:00 -0500

The National Institutes of Health is out with new rules on how healthcare startup companies can license its drug, vaccine and therapeutic inventions. Read more about how your healthcare business can take advantage of an exclusive licensing deal.

Pharma reps changing how they sell

Mon, 19 Sep 2011 11:57:00 -0500

Pharma reps at GSK are selling their products in a new way. The emphasis is more on communicating a drug's benefits and risks than trying to sell as much as possible. Read more about this change in approach to sales.

Job candidates more likely to lie online, studies say

Fri, 16 Sep 2011 09:18:00 -0500

New healthcare businesses may find online communications a great tool for efficiency, but studies suggest hiring is best done the old-fashioned way. Read more about job candidates lying online.

Are we in a health IT bubble?

Thu, 15 Sep 2011 11:18:00 -0500

Talk of a possible tech bubble, based on high valuations of IT companies, has led to questions about whether a health IT bubble has been created as well. Read more about the signs leading to that speculation.

Five ways the new jobs plan could impact your business

Wed, 14 Sep 2011 08:54:00 -0500

There is $450 billion on the line in the proposed White House jobs plan, and some of that money could work for entrepreneurs. Here are five "immediate impactors" that could help small businesses.

Quick bacteria-detection testing company to expand

Tue, 13 Sep 2011 13:27:00 -0500

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.

Medical device startup gets European approval for vascular access device

Mon, 12 Sep 2011 10:12:00 -0500

A vascular access device maker has received European approval for a product designed to help people suffering from kidney failure.

VC funding is up-so don't mess up your shot at getting your share

Fri, 09 Sep 2011 08:52:00 -0500

Life sciences business owners are seeing a modest rise in venture capital funds - no mean feat in this economy. But one big communications mistake will take you and your firm out of the running.

"Market education" challenges novel medical imaging device startup

Thu, 08 Sep 2011 15:09:00 -0500

An Ohio medical device startup has developed a unique, high-resolution imaging product for preclinical biotech research. Now comes the company's biggest challenge yet -market education and commercializing the product.

Innovators to gather at New England eHealth event

Wed, 07 Sep 2011 10:55:00 -0500

Healthcare business innovators are set to meet near Boston on October 27 - all part of the National eHealth Innovation Series.

Microloan fund can give a healthcare business a boost in Northeast Ohio

Tue, 06 Sep 2011 13:45:00 -0500

For medical device startups and biotech companies, a microloan may be what enables them to purchase a new piece of equipment. Read more about a Northeast Ohio microloan fund that recently launched to help small businesses in that area.

Health IT startup has big plans for mobile app

Fri, 02 Sep 2011 14:35:00 -0500

A health IT startup is developing a mobile app that it hopes will improve patients' wellness through diet. Read more to find out about the company's plans.

Five legal mistakes you can't afford to make

Thu, 01 Sep 2011 13:57:00 -0500

Entrepreneurs always make mistakes - and learn from them. But if you make any one of these five legal mistakes, you could be placing your healthcare startup in jeopardy.

Partnerships with medical institutions can foster medical device innovation

Wed, 31 Aug 2011 15:13:00 -0500

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.

When a venture firm pulls the plug

Wed, 31 Aug 2011 14:58:00 -0500

What would you do if you were promised $24 million in funding - but the venture firm changed its mind?

Medical business takes a different approach to a common ailment

Mon, 29 Aug 2011 14:57:00 -0500

In reducing high blood pressure, one Minnesota company is taking a different approach. Read more about how CVRx's medical device works with the body's blood-flow regulation system.

How to prepare to get a small business loan

Fri, 26 Aug 2011 10:17:00 -0500

Business conditions are tough for new healthcare businesses, but slivers of sunlight are shooting through the clouds. Take advantage by setting the stage for a small business loan.

What biotech companies should know about ATM offerings

Thu, 25 Aug 2011 14:46:00 -0500

At-the-market offerings are used for investing in other industries, but they are just starting to pick up in life science investing. Read more on what the healthcare business should know about ATM offerings.

Heart testing startup sees explosive growth

Wed, 24 Aug 2011 09:38:00 -0500

A young healthcare business enjoying investment and growth in this economy? Yes, it's true. And the test-making company shows no sign of stopping.

Why are entrepreneurs paying too much for health insurance?

Tue, 23 Aug 2011 14:31:00 -0500

Entrepreneurs are the cream of the crop – the best innovators in the economy. So why are such smart people overpaying for health insurance?

What are the rules when physicians become medical device developers?

Mon, 22 Aug 2011 12:26:00 -0500

In today’s healthcare business landscape, support from doctors is part of many company’s medical device development business plan. Read more on when conflict of interest becomes a problem for physicians doubling as medical device developers.

Startup activity at "lowest rate ever"

Fri, 19 Aug 2011 09:42:00 -0500

The stalled economy isn’t just hurting the stock market and consumers; it’s hurting entrepreneurs, too.

Who has the biggest angel investor groups?

Thu, 18 Aug 2011 09:01:00 -0500

The largest angel investor groups can be found in Ohio, California and New York. Read more about these medical business resources.

New healthcare businesses get ahead with Minnesota Angel Network

Wed, 17 Aug 2011 11:24:00 -0500

Wouldn’t every healthcare business entrepreneur like to have access to business experts and a connection to investors? These are two components of Minnesota Angel Network’s new program.

Finding angel investor groups

Tue, 16 Aug 2011 10:23:00 -0500

Healthcare entrepreneurs can’t take anything for granted – especially with the capital they need to keep their doors open and lights on. And that’s where a good angel investor can help.

Life sciences venture funding up in second quarter

Mon, 15 Aug 2011 10:52:00 -0500

Life sciences venture capital investing rose in the second quarter, due in part to increased exit activity. Read more for details on life sciences companies’ deals.

Entrepreneur funding conferences: Get them on your calendar!

Fri, 12 Aug 2011 09:28:00 -0500

These entrepreneur venture funding conferences can fill your financial coffers – but only if you’re there.

Medical device startup has a more powerful tool to target blood vessel plaque

Thu, 11 Aug 2011 10:48:00 -0500

A medical device startup with a better way to penetrate coronary artery blockages plans to use a Third Frontier grant for human testing of the device, followed by application for FDA clearance.

Does your medical invention consulting contract comply with U.S. laws?

Wed, 10 Aug 2011 09:34:00 -0500

Physician-consultants and medical device startups often don’t realize that failure to draft a tight physician-consultant contract could result in violations of federal laws and criminal and civil penalties. Read more about the guidelines for these contracts.

Does your healthcare business need startup money? Park it!

Tue, 09 Aug 2011 13:55:00 -0500

Healthcare entrepreneurs looking for a unique but effective route to financing should consider innovation parks.

FDA medical device reviewers to undergo training

Mon, 08 Aug 2011 13:30:00 -0500

The U.S. Food and Drug Administration has been criticized for its reviewers at the Center for Devices and Radiological Health. In response to this, the CDRH will launch a reviewer certification and training program in September.

New marine biotech center to support commercialization of biotech products

Fri, 05 Aug 2011 09:44:00 -0500

A new marine biotech center will be established to help companies commercialize biotech-based products originating on the North Carolina coast. The North Carolina Biotechnology Center has awarded a $2.5 million, four-year grant for the center.

Science-based startups to benefit from new National Science Foundation program

Thu, 04 Aug 2011 10:04:00 -0500

Scientific researchers -- and their ideas -- will benefit from a new National Science Foundation effort to bring innovative ideas to market. The NSF Innovation Corps will fund 100 projects a year.

Seed money going to two healthcare projects at N.C. State

Wed, 03 Aug 2011 09:13:00 -0500

Innovations receiving funding at North Carolina State University include two projects with healthcare applications: work on a new Salmonella vaccine and wound-healing bandages.

Tracking your employees' social networking activity: Should you do it?

Tue, 02 Aug 2011 13:51:00 -0500

If a healthcare business owner tracks employees’ social media activity, it requires striking a balance between company reputation monitoring and employee privacy.

IOM report is a step backwards for medical device companies

Mon, 01 Aug 2011 15:19:00 -0500

The Institute of Medicine (IOM) released a report recommending the 510(k) process be scrapped. Read more about the medical device industry’s reaction.

Healthcare startup investments strong in Minnesota, Ohio

Fri, 29 Jul 2011 13:04:00 -0500

Healthcare startups in Minnesota and Ohio are leading the Midwest in attracting investment dollars this year, but healthcare startup investing for the Midwest as a whole has fallen.

Lessons from an entrepreneur after a near-death experience

Thu, 28 Jul 2011 11:27:00 -0500

If you had a near-death experience, would it change your life – and the way you run your business? Read what an entrepreneur and plane crash survivor has to say.

Medical device startup launched by home designer with an idea

Wed, 27 Jul 2011 10:02:00 -0500

Medical device startups often are created out of the entrepreneur’s desire to solve a medical problem. It’s no different with Continental Dry Works and its male urinary incontinence product, The Pocket.

Business incubators: What you should look for when choosing one

Tue, 26 Jul 2011 11:10:00 -0500

Interested in getting your fledgling healthcare business into a business incubator? That’s fine – even commendable – but just make sure you do your due diligence first.

Biomedical incubator lab will close, but still offer other services to startups

Mon, 25 Jul 2011 13:42:00 -0500

Biotech companies will no longer be able to use wet laboratory space at Cincinnati incubator BioStart in September. However, the organization will continue to offer other services, such as market research, business model assistance and team-building support.

Female angel investors upset stereotypes

Fri, 22 Jul 2011 16:13:00 -0500

When it comes to angel investors, who’s wearing the wings isn’t as important as what’s under the halo.

How to choose a clinical research organization

Thu, 21 Jul 2011 14:39:00 -0500

Choosing the right clinical research organization plays a key role in a successful clinical trial. Read about how to tell whether a CRO is a good fit for your company.

New healthcare businesses face challenges in handling electronic health records

Wed, 20 Jul 2011 13:57:00 -0500

Healthcare companies that handle electronic health records should beef up their security standards – or face the wrath of anxious healthcare consumers.

Cleveland Clinic looking for microsensor design via open innovation

Tue, 19 Jul 2011 14:52:00 -0500

Cleveland Clinic is looking for a design for a surgically implantable microsensor. Are you up for the $30,000 challenge?

Medical device startups find a resource in Minneapolis incubator

Mon, 18 Jul 2011 14:27:00 -0500

Medical device startups can benefit from the services offered at the Sister Kenny Research Center in Minneapolis in their quest to commercialize products. Read more to find out what the research center has to offer.

New healthcare businesses get a funding boost from state programs

Fri, 15 Jul 2011 15:25:00 -0500

With federal grant money for startups being scarce, entrepreneurs are turning to state-level sources. Massachusetts leads the way in filling the funding gap.

Who should own ideas for innovation in healthcare?

Thu, 14 Jul 2011 13:32:00 -0500

More hospitals are realizing the profitability of medical device licensing in the healthcare business. Read more on intellectual property ownership in hospitals.

Disaster readiness lessons from Waffle House

Wed, 13 Jul 2011 11:18:00 -0500

Healthcare business owners could learn a lot about disaster readiness from non-healthcare businesses, such as Waffle House. Yes, Waffle House.

Health IT startup knocks down barriers with international deal

Tue, 12 Jul 2011 15:11:00 -0500

An emerging health IT startup in Ohio landed an international deal in Canada that forced it – and gave it a reason – to make its electronic health record software multilingual.

The best healthcare innovations for the future: some noteworthy nominees

Mon, 11 Jul 2011 10:19:00 -0500

Every year Cleveland Clinic compiles a list of the best healthcare innovations for the future. Here are our suggestions for the best healthcare innovations in recent biotech news.

CEO’s may be slashing jobs, but they’re paying more for temp help

Fri, 08 Jul 2011 10:15:00 -0500

Employment numbers remain weak in the overall economy, and in the healcare business in particular, but the need for temporary help is forcing healthcare entrepreneurs to dig deeper into their pockets.

Small business lending loosening up

Thu, 07 Jul 2011 12:27:00 -0500

There’s no time like the present when it comes to small business loans. Thanks to more financially stable small businesses, healthcare entrepreneurs may have a clearer path to capital.

Sluggish FDA approval for innovative medical devices puts industry advancement at risk

Wed, 06 Jul 2011 15:08:00 -0500

The FDA has been sluggish in the approval of innovative medical devices. Read more on how delayed approval could endanger venture funding for medical device startups.

Biotech research support added to university business incubator

Tue, 05 Jul 2011 16:21:00 -0500

Biotech companies will have a new resource in the Ohio University Innovation Center’s new biotech research and development facility. Read more to learn about what it will offer.

Medical device startup may solve catheter-related infection problem

Fri, 01 Jul 2011 16:55:00 -0500

A healthcare business with a solution to the problem of catheter-related bloodstream infections is preparing to seek regulatory approvals for its product. Read more about this young company’s plans.

Are entrepreneurs destined or nurtured to start businesses?

Thu, 30 Jun 2011 09:23:00 -0500

Can entrepreneurism be taught? A new Babson College study on what influences startup business owners says it can.

Medical Devices Center Innovation Fellows program expands to bring in more innovators

Wed, 29 Jun 2011 14:36:00 -0500

The Medical Devices Center Innovation Fellows program at the University of Minnesota is expanding to bring in twice as many professionals. Program participants work to create new innovations in healthcare.

J & J stent story highlights need for innovation

Tue, 28 Jun 2011 12:30:00 -0500

Earlier this month, Johnson & Johnson pulled out of the heart stent market amid struggling sales of its products. Read more on how this move reveals the need for continuous innovation in the healthcare business landscape.

Healthcare stocks shine in lousy economy

Mon, 27 Jun 2011 16:29:00 -0500

Healthcare stocks are just what the doctor ordered when it comes to a tough economy – at least, that’s the opinion of one investment guru.

Help for healthcare entrepreneurs coming via StartUp Health

Fri, 24 Jun 2011 14:56:00 -0500

A former Time Warner CEO is headlining a major effort to bring more resources, financial and otherwise, to healthcare entrepreneurs.

Medical Industry Valuation Laboratory finds success in U.S., goes global

Thu, 23 Jun 2011 09:12:00 -0500

A Medical Industry Valuation Laboratory is becoming known beyond Minnesota, even in China. Using a multi-faceted approach, the lab evaluates medical technologies and determines whether they should be commercialized.

Weak IPO market could derail healthcare business funding

Wed, 22 Jun 2011 14:05:00 -0500

It’s no secret that the economy is in sickbay. But healthcare entrepreneurs looking for a big transfusion of cash shouldn’t look to an initial public offering.

Startup company sees promise for its technology in healthcare

Tue, 21 Jun 2011 17:12:00 -0500

A startup company with a new way to make nanofibers sees many potential applications in the medical business. Xanofi has the technology to make strides in several industries, including the healthcare business.

Effects of healthcare reform repeal likely minimal

Mon, 20 Jun 2011 16:16:00 -0500

Even if legal attempts to derail the US healthcare reform bill were successful, it wouldn’t really matter.

Healthcare firms need more transparency sharing clinical data, study says

Fri, 17 Jun 2011 11:30:00 -0500

With healthcare reform on the way, business and technology associations are looking for more transparency between healthcare entities. But are they finding it?

How to name a medical technology startup (hint: add beer)

Thu, 16 Jun 2011 15:26:00 -0500

What's in a name? Read one medical business and marketing consultant's take on the conflicting demands of naming medical technology and medical device startups.

How healthcare startups can snag big business execs

Wed, 15 Jun 2011 14:14:00 -0500

To attract big talent, healthcare business owners need to think big. Here are some ways to get the best high-level hires for medical device startups and other young companies.

Can your company capitalize on the growing healthcare market?

Tue, 14 Jun 2011 10:26:00 -0500

A new report says healthcare spending will make up 20 percent of the U.S. economy by 2019. Read more on what kind of companies can take advantage of the growing healthcare business market.

Colleges Picking Up Slack on Spotlighting Young Healthcare Entrepreneurs

Mon, 13 Jun 2011 12:30:00 -0500

The most promising incubators for young healthcare entrepreneurs are U.S. colleges and universities. Case in point? Wake Forest and its “Business Elevator” competition.

StartUp Health to help entrepreneurs tap into resources

Fri, 10 Jun 2011 09:38:00 -0500

Medical device startups and other new healthcare businesses can benefit from StartUp Health, a strategic initiative to connect entrepreneurs with resources.

How to protect your idea for a new medical device

Thu, 09 Jun 2011 12:20:00 -0500

Creators of new innovative medical devices need to know how to protect their ideas. Read more for tips on the best ways to do this.

Key to making money? Treat finance without fear.

Wed, 08 Jun 2011 16:14:00 -0500

Two leading academics are out with a new book that says the key to making money for new business owners is this: your financial statements are your friends.

Medical business uses technology to fight counterfeit drug problem

Tue, 07 Jun 2011 10:18:00 -0500

A North Carolina startup is taking on the problem of counterfeit drugs. The company’s technology embeds a tiny tag into the medicine itself that allows for identification and authentication to fight fraudulent pharmaceuticals.

Embrace capitalism, says Whole Foods CEO

Mon, 06 Jun 2011 09:43:00 -0500

In the classic sense, Whole Foods isn’t a traditional healthcare company, nor a conventional one. But maybe that’s why it’s so successful, CEO John Mackey says.

Small medical device companies find 510(k) review process lengthy, study finds

Fri, 03 Jun 2011 12:32:00 -0500

Medical device startups and other small medical device makers surveyed are finding the FDA’s 510(k) review process to be a long, bumpy ride. Review times for smaller companies are nearly double those of larger companies.

Should healthcare startup owners play "small ball"?

Thu, 02 Jun 2011 09:42:00 -0500

Small ball – the trend of venture capitalists making smaller investments in return for smaller payouts (and smaller risk) is gaining steam. How can healthcare business owners get in on the action?

Venture capital may not be best for early stage medical business

Wed, 01 Jun 2011 11:28:00 -0500

Early stage medical device startups may be wasting their time looking to venture capitalists for investment, as few of them invest at a very early stage. A medical business may be better off looking at angel investors, strategic partners and others.

Medical device startups need discipline of stage-gate process

Tue, 31 May 2011 12:16:00 -0500

Medical device startups can save money by using a stage-gate approach used by larger companies in developing new products. Increased discipline and focus are some of the other advantages with this process.

Biotech companies in New York benefit from new life sciences angel group

Fri, 27 May 2011 10:24:00 -0500

Biotech companies, health IT companies and medical device startups in New York now have their own angel group – Life Sciences Angel Network. A former cardiologist created the group after finding that nothing like it existed in New York.

Pharmaceutical sales jobs difficult, with or without iPads

Thu, 26 May 2011 14:54:00 -0500

A pharmaceutical sales job can be tough today because people in those jobs are facing challenges they never had in the past. And while a company-issued iPad may be a nice perk, it also makes reps more accountable.

Healthcare business model? Try UCLA Health System

Thu, 26 May 2011 13:08:00 -0500

Healthcare business owners looking for a role model to mirror in their own businesses should study the UCLA Health System.

Venture capital alternatives for a healthcare business

Wed, 25 May 2011 13:47:00 -0500

Venture capital investment isn’t the only option for a medical business. Four trends are conspiring to create funding alternatives.

Landing seed money – five tips

Mon, 23 May 2011 15:29:00 -0500

Venture funding is up, albeit slightly. To grab your slice of the capital pie, start thinking differently.

Healthcare innovations need healthcare business plans, goals to succeed

Fri, 20 May 2011 10:46:00 -0500

Ideas for healthcare innovations abound, but will go nowhere unless entrepreneurs with defined goals and healthcare business plans bring those ideas to life.

Bioresorbable stent maker says its product beats the competition

Thu, 19 May 2011 12:03:00 -0500

Are bioresorbable stents from one company better than another? Arterial Remodeling Technologies thinks so. The company boasts that its stents offer faster and smoother bioresorption and crack-free expansion.

HHS to healthcare business owners: Got any bright ideas?

Wed, 18 May 2011 16:13:00 -0500

Innovation is the new watchword in Washington -- so much so, that the U.S. Department of Health and Human Services wants to hear directly from entrepreneurs on their innovations. But what’s in it for healthcare business owners?

Venture capital firm Hatteras to invest up to $30 million in seed-stage opportunities

Mon, 16 May 2011 22:28:00 -0500

Hatteras Venture Partners, a venture capital firm, will invest $20 million to $30 million in helping companies through first-in-man and preclinical studies. The firm expects to invest in 10 to 15 companies in the healthcare business.

Can healthcare business owners save cash with consultants?

Mon, 16 May 2011 15:05:00 -0500

Do healthcare business owners risk the financial health of their companies by acting as “lone wolves” on big decisions? This new study says “yes” -- but has a solution.

Daschle gives his take on healthcare reform legislation

Fri, 13 May 2011 14:30:00 -0500

Former U.S. Senator Tom Daschle gives his viewpoint on healthcare reform legislation and the obstacles ahead. Read more to learn about the legal, administrative and regulatory challenges ahead as a result of this major legislation.

University spinoff develops medical device for tinnitus

Thu, 12 May 2011 14:50:00 -0500

A treatment for tinnitus is the goal of two Ohio University colleagues who were frustrated by the lack of options for those suffering from this hearing disorder. Read more to find out how this medical device differs from its competitors.

Is the pre-IDE process worth the time investment?

Wed, 11 May 2011 13:38:00 -0500

Medical device startups need to know when it’s worthwhile to make use of the pre-IDE process. The FDA review team can provide valuable insight to the medical business, but there are drawbacks, too. Read more to find out the pros and cons of the pre-IDE process.

Health IT offers large opportunity, says Lux Capital’s Foster

Tue, 10 May 2011 10:16:00 -0500

Health IT, innovation and business models are some of the topics addressed in this Q&A session with Richard Foster, a new partner at venture capital firm Lux Capital. Read more for his views on the future of health IT and his advice for new entrepreneurs.

State-backed venture capital fund could be on its way out

Wed, 04 May 2011 15:43:00 -0500

A venture capital fund that has helped Ohio companies and created jobs has an unclear future. The Ohio Capital Fund is waiting on new legislation to help it continue. Read more to find out how this state-backed venture program works.

Healthcare investment dollars going to seed-stage companies fall

Wed, 04 May 2011 13:21:00 -0500

Healthcare investment in seed-stage companies is falling, and healthcare deals decreased as well. Read more to find out the details about how new healthcare businesses fared in a recent report.

Software developer LogicJunction helps hospital visitors find their way

Wed, 04 May 2011 13:16:00 -0500

Hospital navigation is easier on patients and visitors, thanks to a touch-screen kiosk with maps and instructions. In order to save staff time and improve patient satisfaction, some hospitals are using LogicJunction’s Wayfinder. Read more to learn about the market for this healthcare software.

Biomedical endowment supports Duke program for launching new healthcare businesses

Wed, 04 May 2011 13:04:00 -0500

A new biomedical endowment at Duke University will support a program that has already launched new healthcare businesses. Read more to find out about Duke’s successes in commercializing medical technology.

Medical innovation at risk in Obama's budget plan

Wed, 04 May 2011 12:49:00 -0500

Proposed federal budget cuts could hurt healthcare innovation in America and be bad for patients. Read more to find out why giving Medicare the power to negotiate drug prices is a bad idea.

Venture capital climate in RTP improving

Wed, 04 May 2011 12:15:00 -0500

The venture capital climate improved in RTP in the first quarter, but biotech companies are still competing for dollars. Several RTP companies saw venture capital investment for development of pharmaceutical products and medical technologies. Read more to learn about the venture capital climate.

Michigan venture fund raises $15 million to invest in lifescience companies

Wed, 04 May 2011 12:05:00 -0500

In medical business news, a venture fund in Michigan has raised $15 million for investment in lifescience companies. SWMF LifeScience Venture Fund plans to raise $35 million more. Read more about this lifescience venture fund’s goals.

Imaging software company sees bright future ahead

Wed, 04 May 2011 11:43:00 -0500

In medical business news, imaging software firm Riverain Medical hopes to boost sales of a product that helps detect lung cancer. The company’s technology allows radiologists to see behind ribs and clavicles to get a better view of pulmonary nodules. Read more about this company’s promising future.

Medical business seeking funding may have saved investor's life

Tue, 03 May 2011 20:43:00 -0500

Steve Kiemele has heard pitches from medical device startups before, but rarely has he been so convinced of a medical device’s merit. A life sciences fund CFO, Kiemele was found to have a high risk of coronary heart disease. Read more to learn about the handheld device that was used and the healthcare business behind it.

Healthcare business AutismSphere testing smart phone software

Tue, 03 May 2011 20:34:00 -0500

Health IT startup AutismSphere is replacing paper schedules with electronic ones to provide structure to kids with autism. Founder John Eder is testing the smart phone software in a North Carolina school district and hopes to expand. Read more about this healthcare business that helps kids with autism.

New pharmaceutical sales strategies Embrace healthcare social media

Tue, 03 May 2011 20:23:00 -0500

It’s all part of the evolution of pharmaceutical marketing. The old way of pharmaceutical reps stopping by doctors’ offices during the business day won’t cut it in modern marketing. Read about how one pharmaceutical business is planning to change the way their salesforce operates. “(Doctors,) frankly, don’t have time and they particularly don’t have time during the day, which is exactly when reps are showing up,” says Pozen's Liz Cermak.

Patent law shifts from first to invent to first investor to file

Tue, 03 May 2011 16:54:00 -0500

The United States is joining the rest of the world in its approach to patent filings. But what does that mean in the completely global world of medical and pharmaceutical treatments, therapies and technologies depending on a strong and reliable patent system? Read how new American patent law will change medical business plans.

From massage therapy to hospital wellness startup

Tue, 03 May 2011 16:31:00 -0500

Rachel Swardson started with the idea that newborn babies should not be the only ones who get fussed over upon delivery. Now, 14 hospital customers later, an in-hospital massage therapy service for postnatal women has expanded to a hospital wellness service across clinical areas and genders. Read about this entrepreneur's healthcare business plan will move forward.