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I am working with several medical tech companies. It is "true" venture funding. The main company has bone implants technology and is a "Billion dollar company"
by aussiegreenie 7y ago
I am working with several medical tech companies. It is "true" venture funding. The main company has bone implants technology and is a "Billion dollar company" in seven years if everything goes well. Even after four years of R&D revenue is still 18 months away. And that is in the thousands not millions. Full commercial production is about four years away.
Here are some the joys:
1. Long lead times
2. Highly regulated
3. Conservative buyers
- ware_am_i 7y agoGreat to see someone else on HN enjoying the special nature of medtech (I consult and advise a few as well). Would love to share notes -> chris(at)medlaunchnow.com