Through our work at NEMIC, we know that developing a new medical technology that meets a clinical need is only half of the feat of bringing a regulated product to market.
Once the technology is deemed useful and of value to patients and users, entrepreneurs must now develop their business strategies and development plans for a successful pre-seed fundraising round. Every startups path to market is different. But, there are certain milestones and ways to show investors that they are not only ready to utilize the funding in the most rational way possible but, make investors comfortable and confident in investing in your company.
On April 2nd, we hosted an online event called, Aligning Development and Funding Strategies for MedTech Startups: A Conversation with Digital & Device Commercialization Experts, in partnership with the Venture Cafe Cambridge. NEMIC Co-Founder Aidan Petrie moderated the discussion bringing insight from a device expert, Joe Gordon, VP of Innovation at Ximedica and digital therapeutic expert Brian Clancy, Co-Lead & Associate Director, of AppScript by IQVIA.
Listen on to hear the audio from this event and tips for aligning development strategies for device and digital therapeutic startups as they develop their business in preparation for pre-seed funding.