Mike Fix, Director, MedTech, Guidehouse
Daniel Hawkins, Founder and CEO, Avail Medsystems, Inc.
Neuromodulation: Devices Making Their Way in a Drug World
Moderated By:
Imran Eba, Partner, Action Potential Venture Capital
Cynthia Yee, Principal, Vensana Capital
Neuromodulation has long been a viable option for patients suffering from pain, epilepsy, and Parkinson’s, but it has usually been considered the option of last resort. Since the turn of the century, building on new physiological insights and technological advances, pioneers have been advancing the case for novel, miniaturized, or wearable neuromodulation devices – also called bioelectronic medicines – that are not just improving classic neuromodulation therapies but also hold the promise to compete as first line therapies, long the purview of drugs alone. This panel will feature leaders from some of these pioneering companies that will speak to how we can better understand the patient and engage the physician.
Participants:
Jill Schiaparelli, President & CEO, Avation Medical
Doug Biehn, Chief Commercial Officer, Cala Health
Ankit Shah, Senior Director, Commercialization & Marketing, SetPoint Medical
Digitizing the OR: How Enabling Technologies and Analytics are Reshaping Surgery
Moderated By:
Amy Belt Raimundo, Co-Founder & Managing Partner, Convey Capital
The technologies that are transforming every industry – data, connectivity, sensors, video – are also making their way into the OR. This creates both new opportunities and novel challenges. Given the nature of the OR, there is a high threshold for utility, safety, and reliability. This panel will explore where enabling technologies have real impact, how companies are addressing the unique issues, and what this will mean for medtech companies.
Participants:
Oliver Keown, Managing Director, Intuitive Ventures
David M. Schummers, CEO, Apella
Daniel Hawkins, Founder & CEO, Avail Medsystems Inc
Aviva McPherron, CIO, NuVasive
Janani Reisenauer, Thoracic Surgeon, Mayo Clinic
Chris Rupp, Vice President of Global Marketing and Commercial Operations, NAMSA
A key driver of success in the product development process is speed-to-market. Many companies are experiencing delays as the market recovers from COVID-19-related demand, placing extreme constraints on internal resources, supply chains and access to talent. Accelerating product development means leveraging outsourced partners. All stakeholders want to see more clinical data before and after approving marketed devices, putting new burdens on device developers in addition to meeting changing European regulatory requirements.
Gunjan Agarwal, Partner, Intellectual Property, Fox Rothschild LLP
Big Data and artificial intelligence (AI) are increasingly playing an important role in driving innovation in practically all medical device innovations. Given the significant investments businesses are making into developing AI systems and collection of data, it is important to implement a proactive and competitive strategy to protect IP rights in AI as well as the collected data. There is a reciprocal relationship between AI and big data because the success of AI depends heavily on big data while AI helps unlock the potential of large amounts of data by providing new processing tools, and any IP protection strategy should consider this relationship. The presentation will consider not only patent coverage, but also copyright protection, trade secret protection, and contractual provisions for protection of big data and AI – within U.S. as well as international jurisdictions.
Toby Zimmerer, Director, Transaction Advisory Services, RSM
When organizations commence their acquisition process to acquire a company, sell a business unit, purchase cloud based services or partner with contract labor services, leadership often assesses the financial implications and benefits during the process. However, organizations tend to overlook the operational impacts as part of the process, which could result in additional integration costs, create redundancies, introduce regulatory and cybersecurity risks, and add additional overhead costs due to ineffective alignment with the capabilities of the current workforce. This discussion will highlight the differences between financial due diligence and operations due diligence, discuss the potential impact on a company’s operations and finances, provide an overview for some of the topics related to operations due diligence and review some of the current trends and observations from prior industry experience.
Welcome Remarks
Jan Garfinkle, Managing Partner, Arboretum Ventures
Medtech Debate: What are the Most Exciting Areas for Medtech Innovation over the Next Decade?
Moderated By:
Andrew Cleeland, CEO, Fogarty Innovation
Join a panel of experts for an insightful look into the next decade of medtech, as we highlight and debate areas that are ripe for innovation and explore the challenges and opportunities for young companies in the ever-changing healthcare environment. This discussion will provide a better understanding of the perspectives of various stakeholders in the ecosystem, the most exciting technologies and therapies on the horizon, and the ways we can help these companies navigate the difficult pathway from concept to patient.
Participants:
Maria Berkman, Director & Head of MedTech, Broadview Ventures
Jon Salveson, Chairman, Healthcare Investment Banking, Piper Sandler
Douglas Kelly, Deputy Director for Science, Chief Scientist, Center for Devices and Radiological Health, FDA
Nicole J Walker, Managing Partner, Arboretum Ventures
Healthcare at Home
Moderated By:
Andy Danielsen, Chair, Mayo Clinic Ventures
COVID-19 has dramatically accelerated the movement of care out of the four walls of a hospital, bringing it to lower cost settings and closer to the patient. This trend toward virtual care and “healthcare/hospital at home” has the potential to transform the healthcare ecosystem, redefining the role of the hospital and creating massive opportunity for companies that develop the technologies that will enable this transformation.
Participants:
Rami Karjian, Co-Founder & CEO, Medically Home
Kari S Snaza, Chief Strategy Officer, Mayo Clinic
Sheri Dodd, VP & GM, Care Management Services, Medtronic Inc
Ryan D Drant, Founder & Managing Partner, Questa Capital
New Models for Medtech Clinical Trials
Moderated By:
James Eadie, Managing Director, Sante Ventures
Over the past decade, the clinical function has progressed from one of the more mundane in medtech to one of the most innovative. Novel clinical strategies, evolving regulatory frameworks, COVID-19, direct-to-patient, health economics and other dynamics have transformed the way that companies prove that their products are safe, effective, and cost saving. The objective is an accelerated path to market with more and better data to support commercialization and market access, but these novel approaches can also bring new risks and challenges.
Participants:
Richard Kuntz, Senior Vice President, Chief Medical & Scientific Officer, Medtronic, Inc.
Jodi Akin, Founder, Chairman, and CEO, Hawthorne Effect
Arslan Malik, Vice President, Clinical & Regulatory Affairs, Reprieve Cardiovascular
Jayme Strauss, Chief Clinical Officer, Viz.ai
Presentation of 2022 Medtech MVP Award
Patrice Kloss, Partner, Fox Rothschild LLP
Keynote 1:1 Interview: Medtech MVP 2022 Award Recipient
Doug Godshall, President & CEO, Shockwave Medical, Inc.
The MVP Award recognizes an individual for extraordinary contributions to a medtech company that has successfully advanced an important new product and delivered strong financial returns. This year's award honors Shockwave Medical CEO Doug Godshall. Hear how Doug and his team transitioned Shockwave from a venture-backed company with a promising new cardiovascular product to a juggernaut with $400M+ in revenue and a multibillion dollar market capitalization.
Interviewed by:
Paul LaViolette, Managing Partner & COO, SV Health Investors LLP
Afternoon Sessions Introductory Remarks
Rob Barmann, Partner, Endeavour Vision
Medtech Investing through Up and Down Markets
Moderated By:
Jonathan Norris, Managing Director, Venture Capital Relationships, Silicon Valley Bank
Longtime medtech investors have seen the sector navigate numerous bull followed by bear markets, with the most recent cycle bounded by the go-go years of 2004-2008 that crashed with the onset of the Great Recession. What followed was a (very) long stretch of anemic company-creation, investment, and IPOs, which lasted until the recent rebound that has resulted in medtech being as hot as ever, as evidenced by an abundance of investment dollars and historically high financing and exit valuations. Considering the current market choppiness and macro uncertainty that seems likely to persist, this panel will reflect on prior cycles to help predict future outlooks.
Participants:
Jan Garfinkle, Managing Partner, Arboretum Ventures
Geoffrey Pardo, General Partner, Gilde Healthcare US
Rachel Jonas, VP & Investment Analyst, T. Rowe Price
V Kadir Kadhiresan, VP Venture Investments, Johnson & Johnson Dev Corp
Fireside Chat Introduction
Toby Zimmerer, Director, Transaction Advisory Services, RSM US
Fireside Chat: Perspectives from Four Decades as a Leading Clinician, Innovator, and Executive
Steve Oesterle, Board Director, Baxter International, Inc.
Interviewed by:
Josh Makower, Boston Scientific Applied Biomedical Engineering Professor, Bioengineering, Stanford Univ
Town Hall: Medtech Innovation in a Value-Based Care World
Justin Klein, Co-Founder & Managing Partner, Vensana Capital
Lawrence Cho, Chief Strategy & Growth Officer, Allina Health
We plan to close out the day with a classic town hall session focusing on the role medtech innovation is and will play in emerging models of value-based care delivery. Where are we in the evolution from a fee-for-service reimbursement paradigm to new models of value-based care? How should medtech entrepreneurs and investors think about the opportunities and challenges value-based care presents for clinical development or commercial strategies? Justin and Lawrence will emcee this interactive session with discussion, debate, live polling and direct engagement with the audience. Come prepared with questions and perspectives to share!
Closing Remarks
Benjamin Lakin, President, Cambridge Innovation Institute