Too often we define the Medtech sector by the number of dollars raised, IPOs helped or companies sold. But the focus neglects the very foundation of the sector - the People. Join the Medtech Talk Podcast each week to hear from entrepreneurs, investors and executives who spend their days developing the tools that make sick people well and health care more efficient.
This month host Geoff Pardo speaks with one of the most prolific entrepreneurs in the medtech industry, Fred Khosravi, chairman and CEO of Imperative Care, about the path that led him to start over 24 healthtech startups. Khosravi recounts leaving Iran at 17 and studying mechanical engineering at Tennessee Tech. He talks about his first experiences with medical device manufacturing and how he designed a fully automated process for making cataract lenses. Khosravi also shares his pioneering work in developing cardiac stents, how serendipity is really “opportunity meets preparedness,” and why every entrepreneur needs a board of directors. He clarifies, “Not your company’s board of directors, but your own personal board of directors: people who care about you to be skeptical about you and tell it to you like it is.”
Fred Khosravi is the chairman and CEO of Imperative Care. A Silicon Valley medical device entrepreneur, he is also managing director of Incept LLC, a health sciences innovations accelerator, founded in 1998. Incept has founded 23 medical companies (16 with exits), in which Khosravi has served as either an executive or a director. For more than 30 years, he has held management and executive positions in large and small medical technology enterprises.
Khosravi is either inventor or co-inventor on over 200 US and worldwide granted and patent applications. He serves on the Board of Trustees at the Center for Strategic & International Studies, a bipartisan think tank dedicated to providing strategic national security insights to help decision-makers chart a course toward a better world. Khosravi is a member of the Board of Directors at Spirit of America, a non-profit that promotes private-sector support for the safety and success of our troops and the local people they want to help. He is also a Convening Board Member for Technology for America, a nonprofit for the promotion of innovation as a way to engage public-private dialogue that benefits all Americans. Khosravi holds a Bachelor of Science degree in Mechanical Engineering and graduated cum laude with a Master of Science degree in Mechanical Engineering from Tennessee Tech University.