Why MedTech Startups Fail - Part 2
NEMIC co-founder Aidan Petrie delves into why Go to Market aspects are often a big obstacle in the successful development of a nascent medical device or technology.
Why MedTech Startups Fail - Part 1
It's no secret that MedTech startups face some of the highest failure rates across all industries. NEMIC co-founder Aidan Petrie delves into why this is the case.
NEMIC's Aidan Petrie Invited to Present at Two High-Profile Conferences
Aidan Petrie was honored to be invited to participate in two key industry events last month: the 2023 Beahrs Surgical Innovation Summit, in Rochester, MN; as well as the 2023 Northern New England MedTech Conference, in Hannover, NH .
Guest Podcast- Navigating the MedTech Valley of Death with Aidan Petrie, co-founder NEMIC
OCTO Product Development and Justin Sirotin released the newest episode of the Beyond Innovation podcast- with our own Aidan Petrie. Justin and Aidan discuss what it actually means to "navigate the valley of death", alongside some of the many facets of Med Tech innovation.
Innovation and the Limitation of Problem-Solving.
a blog post by Managing Partner, Aidan Petrie
In the years that I have taught innovation and worked with many hundreds of companies, big and small, we hear over and over again that we have to go in search of problems to solve as a route to innovation.
Emergency Use Authorization. What it is and what it is NOT. Blog post by Managing Partner, Aidan Petrie
There is some confusion over the EUA guidelines, what they mean for innovators in the MedTech field, how to use them well and what to watch out for. Read the blog for clarity on EUA submissions.
Med Tech as an Investment. Blog post by Managing Partner, Aidan Petrie
We believe that Med Tech offers a very interesting investment opportunity and methodology. Strangely, the FDA's development process configures that methodology. How so..?
NEMIC as a Venture Studio. Blog post by Managing Partner, Aidan Petrie
We have never been comfortable with the concept of "accelerator" in the Med Tech space. The notion may be appropriate in other arenas, but Med Tech commercialization is a marathon, not a sprint…
Meet the Minds behind NEMIC, Lydia Shin Schroter + Aidan Petrie
Our Managing Partners, Aidan Petrie and Lydia Shin Schroter linked up in 2017 when they found that their backgrounds and specialties in the Med Tech field fit like puzzle pieces.