How do I get funding for a medical device? with Vivian Golfin, Intuitive Ventures
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In the latest episode of MedtechWOMEN Talks, Vivian Golfin, MD, Senior Associate at Intuitive Ventures, shares her expertise on the role of venture capitalists in the medical device product development cycle from the perspective of “The Venture Capitalist.”
In the episode, Dr. Golfin discusses the significance of early engagement with venture capital firms for startups and how Intuitive Ventures acts as a strategic partner rather than just a financier. She emphasizes the detailed due diligence process, focusing on understanding the risks and potential of medical device startups.
TL;DR – Key takeaways:
- The importance of milestones like first-in-human trials AND early pilot results
- The necessity of feedback in the development process.
- Tthe evolving role of AI and ML in medical devices and the importance of data diversity
- The need for proactive communication, networking, and leveraging AI for health equity
Thank you to our sponsors Aptyx, Catalyze Healthcare, Confluent Medical Technologies, and Cretex Medical for providing vital support.
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