Good science is not necessarily good business
Strong science alone will not get a device to patients. Four insights for medtech founders on aligning clinical need, funding and manufacturing partners early.
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🎄 The Medtech Product Documentation Naughty & Nice List
A Startup-Friendly Guide to Staying on the Right Side of Regulatory Expectations In the world of medtech innovation, documentation isn’t the glamorous part of bringing a device to life, but it is one of the most critical. Great documentation protects your company, accelerates your regulatory path, and helps you scale. Poor documentation? It slows you down,…
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Burning Down Technical Risk: A Critical Step for Medical Device Startups
Technical risk, the potential for technological challenges or failures that could hinder development or commercialization, is a significant concern for medical device startups. Proactively addressing and mitigating technical risk is essential to attracting investors and achieving long-term success. 1. Invest in Research and Development Allocate sufficient resources to research and development (R&D) to ensure your…
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5 Reflections on 5 Years
50% of small businesses don’t make it to 5 years. And medical device startups like the ones Avio serves have an even higher failure rate. We count ourselves fortunate to have made it 5 years radically advancing the medtech development process with 100+ client partners. What’s next? Doing more better. First, it’s worthwhile to pause…
