Tim Kofol

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Devices & Diagnostics

Is The Medical Device Industry Ready for Big Data?

Many medical devices generate a ton of data, but until recently this data has largely been left to go into the ether instead of the ethernet. Complexities around  HIPAA   and liability concerns, among other worries, seem to have frightened device companies out of utilizing this potentially valuable asset, if they even know what to do […]

MedCity Influencers

The New Normal in Medical Device Exits

The good news for emerging med-tech companies is that the M&A market remains active, with the big guys still needing to look outside for innovation. The nature of these exits, though, is changing. Historically, cash upfront deals with fairly token back-ends have been common, and needless to say much appreciated by the acquired company and […]

Devices & Diagnostics

The Three Greatest Pivots in Medtech

For medtech-ers taking cues from the Internet startup world, consider The  Lean Start-Up.  The basic tenet  of this methodology, coined by Eric Ries, is that a startup is just a conglomeration of hypotheses, and job one of any startup is verifying these hypotheses as quickly as possible with a disciplined approach. For web products, this entails rapidly […]

MedCity Influencers

The Mythical Emerging Medical Device “Platform” Company

What do unicorns, fairies and medical device platform plays all have in common? They would be delightful to see, but sadly don’t exist. “Wait a minute,” you say, “My incredible new medical technology has so many potential applications that it may ultimately be used on every patient to ever enter a hospital.” The reality is […]