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June

New eMed white paper: Building Your Team

eMed has published the third in a series of white papers focused on issues key to life science and digital health entrepreneurs. The new white paper, Building Your Team, offers insights and tips on co-founders and first hires.

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Christina Hernandez Sherwood
on June 27, 2013
Category:  Creation 
A tale of two entrepreneurs

Find out if your startup is an IDE or an SME -- and why it matters.

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Christina Hernandez Sherwood
on June 27, 2013
Category:  Ideation 
Improving medical devices through real-world testing

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

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MedCityNews .com
on June 26, 2013
Category:  Execution 
Dominique's Desk: Access for entrepreneurs

Access is especially tough for digital health entrepreneurs who are developing solutions for patients, physicians, and hospital networks.

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Dominique Pahud
on June 26, 2013
Category:  Execution 
How doctors-turned-entrepreneurs can achieve business success

HealthLoop lets doctors send patients automated follow-up emails with questions ranging from the general to the specific. In an interview, the company's founder shared tips for aspiring "doctorpreneurs."

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Christina Hernandez Sherwood
on June 25, 2013
Category:  Creation  Ideation 
5 Boston entrepreneurs explain issues in healthcare startups

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


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MedCityNews .com
on June 24, 2013
Category:  Growth 
eMed's 6 to follow in entrepreneurship

One thing that helps entrepreneurs is networking. So every week @emedcommunity is going to highlight some healthcare and life science entrepreneurs on twitter you should consider following. This is not an endorsement, but an encouragement. Network with your peers!

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Chris Seper
on June 21, 2013
Category:  Growth  Ideation  Execution  Creation 
Reducing Costs and Accelerating Innovation in Biotech Startups

Operating a biotech startup has presented increased difficulty and risk to entrepreneurs over the past decade. The costs of development for biotech startups have grown so much as to become a barrier to entry. Up-front capital costs for equipment now range from $200,000 for a scanning electron microscope to $740,000 for an Illumina next-generation sequencing platform (Wall Street Journal, 2012). It is in turn quite cost-prohibitive to establish in-house research platforms on basic startup funding.

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Elizabeth Iorns, PhD
on June 20, 2013
Category:  Creation 
As economy improves, entrepreneurs face less competition

As the economy improves following the recession, entrepreneurs are surprisingly facing less competition from new startups. That's because the overall business creation rate declines with the unemployment rate, according to new research from the Kauffman Foundation.

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Christina Hernandez Sherwood
on June 20, 2013
Category:  Ideation 
Another healthcare investing portal opens as crowdfunding continues to increase

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

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MedCityNews .com
on June 19, 2013
Category:  Growth  Creation