Startup Rise America News’ Post

2023 US seed-stage funding data reveals a challenge for medical device startups: low median cash from investors. This is a hurdle that is impeding both survival and speed toward market entry.   💡 Reach out to us at Eliomedica Inc, where we blend regulatory, scientific, and commercialization expertise to accelerate your market entry.   www.eliomedica.com   Thanks Daniel Kristensen and Sushee Perumal for sharing this.   #medicaldevice #regulatorystrategy #samd #medicalsoftware #marketentry #fdaregulations #digitalhealth #seedfunding

MedTech start-ups that secure early-stage funding frequently encounter a discrepancy between the funds acquired and the milestones they aim to achieve. In many cases, these companies harbour unrealistic expectations regarding the time and cost involved in developing a medical device, having recently secured funding and committed to delivering a minimal viable product (MVP). This situation unintentionally puts them in a challenging position: possessing sufficient funds to accomplish only a portion of the project, while all stakeholders assume they have the financial resources for the entire undertaking. This is the topic my colleague, James Graveston, explored in his recent article for @Med-Tech Innovation news. Take a look at the full piece and discover the path to launching a successful MedTech start-up!

MedTech start-ups that secure early-stage funding frequently encounter a discrepancy between the funds acquired and the milestones they aim to achieve. In many cases, these companies harbour unrealistic expectations regarding the time and cost involved in developing a medical device, having recently secured funding and committed to delivering a minimal viable product (MVP). This situation unintentionally puts them in a challenging position: possessing sufficient funds to accomplish only a portion of the project, while all stakeholders assume they have the financial resources for the entire undertaking. This is the topic my colleague, James Graveston, explored in his recent article for Med-Tech Innovation news. Take a look at the full piece and discover the path to launching a successful MedTech start-up!

Would highly recommend any Medtech founder or those involved in startups with sights on medical device innovations to listen to the episode of Medsider Scott Nelson and Brian Fahey of Adona Medical speak around the main risks in Medtech namely Product market fit Technical feasibility Clinical validation The balance and ratio of these change throughout the product development but all must be considered and mitigated for from the start. Fearsome we understand this and help companies now, plan and achieve the balance when developing novel Medtech. Always happy to discuss current challenges with your projects and risks you might be seeing in development

Really nice to be featured in Med-Tech Innovation, with my article highlighting some of the challenges facing medical device startups. Challenges including building strong teams, mastering complex regulatory environments, safeguarding intellectual property, and securing reimbursement. In order to succeed, companies must develop quality technology, validate their efficacy and differentiate in crowded markets, whilst promoting collaborations with industry experts and strategic corporate partnerships. #MedTech #HealthcareInnovation #Startups #MedicalDevices

"Launching a new medical start-up involves more than just groundbreaking technology; it requires navigating a complex regulatory landscape too." Craig Townsend, Director of Healthcare at 42 Technology, discusses challenges that medical device and diagnostics start-ups face on the road to becoming successful. Read more: https://lnkd.in/e-sT8Zcg #MedTech #StartUps #Insights

#fundingalert 💼Company: Shape Memory Medical Inc. 💰Funding: $38Million ⚡Round: Series C 👥Investors: Earlybird Venture Capital, HBM Healthcare Investments AG , Emergent Medical Partners II LP, WexMed II LLC, HBM-Medfocus LLC. Shape Memory Medical Inc. is dedicated to developing innovative therapeutic solutions with its proprietary shape memory polymers, with devices approved in more than 25 countries spanning regions in #Asia, the Middle East, #Europe, the #Americas and #Australia. The #funds will support the execution of the AAA-SHAPE Pivotal Trial, a randomized controlled study comparing EVAR plus sac management with IMPEDE-FX RapidFill to stand-alone EVAR. The #funding will also support the research and #development of their product pipeline, and the expansion of sales and marketing strategies to address the increasing demand for their commercially-available IMPEDE Embolization Plug family of devices,” continued Ruppel. Thom Rasche Edward (Ted) Ruppel Anthony Lipp Mary Dennehy Meghan Reu Read more - https://lnkd.in/gpD_zSGk To share your startup story write us on - contact@startuprise.io #shapememorymedical #medicaldevice #innovation #innovationinhealthcare #funding #startup #news #enterpreneurship #healthtechstartup

An interesting read on the challenges that medical device and diagnostics start-ups face on the road to becoming successful! #Medical #MedicalDevices #StartUps #Innovation #Business #Entrepreneurship https://lnkd.in/ery5yqgD

We love it when Scott Nelson, our host and co-founder of FastWave Medical, puts together these op-eds for MD+DI! His recent article explores five unconventional approaches for #medtech success. Big shoutout to our past guests featured below for sharing their stories and insights. Click on the link ⬇ to check out the full article.

We all make mistakes, but the biggest mistake is failing to learn from the lessons of others. And when it comes to your medical device startups, some missteps can be especially costly. In our latest blog post, we dive into common mistakes on the journey from concept to commercialization and how to avoid them. TL;DR: - Explore less-traveled regulatory path options - Avoid the "Too Much Too Soon" trap - Don’t confuse innovation with reinventing the wheel https://lnkd.in/eXyrzB6i #MedicalDevices #StartupSuccess #Innovation #RegulatoryAffairs