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October

The right questions to ask about your company’s intellectual property

Intellectual property is one of the toughest subjects for life science and digital health entrepreneurs to understand. From dealing with the tech transfer office to hiring an attorney to filing a provisional patent, IP is a common stumbling block for early-stage entrepreneurs.

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Christina Hernandez Sherwood
on October 31, 2013
Category:  Creation 
What comes after the idea?

At a Life Science Ventures Summit hosted by the Kauffman Foundation, Huffington Post writer Jennifer Hill led a discussion focused on the players in entrepreneurship (0:11:57 - 0:14:52). The panel included Nick Franano, Avi Roop, Geoff Clapp and Sofie Qiao.

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Ryan Amin
on October 31, 2013
Category:  Ideation  Creation 
What scares away investors?

I think few things could be more rewarding than investing in a company that develops a cure or effective treatment for any of the hundreds of conditions that affect millions of people with no effective treatment. But finding the right company can be fraught with risk. That's one reason why angel and venture investors have been allocating funds to later stage companies that carry less risk.

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MedCityNews .com
on October 30, 2013
Category:  Growth  Creation 
How to get your medical device accepted for use in hospitals

In healthcare innovation, fixing a problem is not enough for a product to become a standard in the industry.

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Ryan Amin
on October 29, 2013
Category:  Creation  Execution 
Medical device companies can learn from Starbucks

As global medical device companies try to take on more of the care continuum, they might be able to turn to that little Starbucks coffee shop just around the corner. It might seem sacrilege to compare the intricacies of neuromodulator with a perfectly brewed, expertly crafted cup of joe, but here I find myself. Why? Because it's not just medtech's products that need to become more innovative, but its business model as well.

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MedCityNews .com
on October 28, 2013
Category:  Growth 
eMed's 6 to follow in entrepreneurship

See who made this week's 6 to follow in entrepreneurship.

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Ryan Amin
on October 25, 2013
Category:  Creation  Growth  Execution  Ideation 
Dominique's Desk: Business model strategies

Entrepreneurs need to be creative and innovative not only with their product or service, but also with how they think about their business model. In life science and digital health, understanding one's value proposition is key. But it's not always obvious - especially considering to whom the value proposition is most compelling. For this exercise, I find Alex Osterwalder's Value Proposition Canvas particularly helpful.

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Christina Hernandez Sherwood
on October 24, 2013
Category:  Ideation  Execution 
Have a long-term plan that is clear for investors

Kim Popovits, CEO of Genomic Health Inc., gave the keynote speech at a Life Science Ventures Summit hosted by the Kauffman Foundation. Popovits shared her personal experiences as examples during her speech, and a major focus was on developing a proper business model to gain the right investments (17:50-21:26).

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Ryan Amin
on October 24, 2013
Category:  Ideation  Execution 
How fighting terrorism is like doing pharma research

After the terrorist attacks of September 11, 2001, the Central Intelligence Agency enlisted the help of a Palo Alto-based startup, Palantir Technologies, to gather and analyze huge amounts of data to identify and understand terrorist groups and thwart their efforts.

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Dan Emerson
on October 23, 2013
Category:  Growth  Execution 
7 trends of venture-backed healthcare startups

Although there's been a trend over the past couple of years of venture investment in biotech going into companies in the later stages of their development, a new report illustrates the result of that trend. Of the 18 venture-backed "big exit" merger and acquisition deals in biotech in 2012 (an eight year high), half were at the commercial stage.

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MedCityNews .com
on October 23, 2013
Category:  Growth  Ideation  Creation