The Hard Part with Evan McCann

Inara Lalani from FemTherapeutics

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Inara Lalani is the Co-Founder and CEO of FemTherapeutics.


FemTherapeutics is a medical device company developing “Invisalign for Gynaecology”. Leveraging artificial intelligence and 3D Printing, their gynecology platform offers patient-specific intra-vaginal devices for common pelvic health conditions.

FemTherapeutics is building the infrastructure to allow expansion into other pelvic health categories including menstruation and sexual wellness, labour and delivery, oncology, and more.


Takeaways

  • Spinning out from the McGill Surgical Innovation Program.
  • The patent process for medtech companies.
  • The gender gap in medical innovation.
  • Regulatory hurdles for medical devices.
  • Fundraising in the medtech space, particularly in Canada.
  • How they are utilizing the "Invisalign model" for medical devices.
  • Manufacturing medtech products and adhering to quality standards like ISO 13485.
  • Importance of mentors and advisors.
  • Commercialization strategies and GTM.
  • Feedback loops in product development.
  • Leveraging grants and NDF.
  • Raising for femtech ventures in a male-dominated venture industry.


    • Chapters

    00:00 The Genesis of FemTherapeutics

    02:27 Navigating the Patent Process

    05:09 Addressing the Gender Gap in Medical Innovation

    07:01 The Challenges of Hardware Development

    10:00 Fundraising in MedTech

    12:04 Invisalign Inspiration: Customization in Medical Devices

    14:21 Early Adoption Strategies for Medical Devices

    15:48 Manufacturing Considerations for Medical Devices

    16:46 The Importance of Advisors and Mentors

    18:06 Commercialization Strategies for Medical Devices

    20:26 Understanding Reimbursement Processes

    21:55 Team Composition for Success

    23:33 Feedback Loops in Product Development

    25:37 Leveraging Government Support and Grants

    27:32 Navigating Investor Conversations

    29:32 Personal and Professional Excitements

    30:37 Coping with Challenges as a Founder


    Keywords

    FemTherapeutics, medical innovation, gender gap, patent process, fundraising, medical devices, commercialization, reimbursement, team composition, feedback loops

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    The Hard Part with Evan McCannBy Evan McCann