The MedTech Podcast

Raghu Bala Founder of Clinitraq, a company specialising in Smart Radiation Dosimeters that reduces the time for measuring cumulative radiation from 60 days to 60 secs. Raghu possesses an MBA in Finance from the Wharton School (University of Pennsylvania), an MS in Computer Science from Rensselaer Polytechnic Institute and a BA/BS in Math and Computer Science from the State University of New York at Buffalo. He is the Head Managing Instructor for MIT courses in AI, Decentralized Finance and Blockchain on the 2U platform. He is also an Adjunct Professor at VIT (India) and an ex-adjunct Lecturer at Columbia University.

In this episode, we explore the lack of education surrounding the pernicious consequences of radiation exposure, discover the hidden hazards healthcare workers face, oblivious to their exposure levels due to measurement inadequacies, delve into his transition from the tech industry to MedTech and the motivations behind it, uncover his strategies for funding multiple companies he nurtured and eventually sold, alongside diverse capital-raising methods and gain valuable insights from his candid revelations about the mistakes he encountered as a serial entrepreneur

Timestamps:

[00:02:32] Antiquated methods of radiation diagnostics

[00:05:41] Radiation health risks overlooked, ignored

[00:12:14] Misconceptions about radiation risks

[00:18:01] Underestimated risks

[00:23:20] Medical tech advances: Embracing tech for better care

Get in touch with Raghu Bala - https://www.linkedin.com/in/raghubala/

https://clinitraq.com/

Get in touch with Karandeep Badwal - https://www.linkedin.com/in/karandeepbadwal/

Follow Karandeep on YouTube - https://www.youtube.com/@KarandeepBadwal

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Weronika Michaluk Digital Health Principal and SaMD Lead at HTD, a company specialising in the planning, designing and development of custom healthcare software. Weronika is an experienced professional with a diverse background in the fields of biomedical engineering, international business and public health. Her career began as a Biomedical Engineer, where she contributed to the development of various biomedical devices, including a wireless ECG system, then she worked in South Korea in the Neuroscience Department and after that, she focused on digital health solutions and consulting in the medical device space.

In this episode, we delve into the world of software medical devices, explore the agile and waterfall approaches in software development and their application to regulated medical devices. We discover the crucial role of software in medical devices, uncover how some companies unintentionally market unregulated medical products and learn how to stay updated with the ever-evolving regulations.

Timestamps:

[00:00:10] What makes a software a Medical Device

[00:05:57] Complexity of regulating software

[00:11:52] Agile individuals and interactions over processes

[00:17:30] Software medical device: engineering, research, business and coding

[00:23:00] How to keep up with regulations

Get in touch with Weronika Michaluk - https://www.linkedin.com/in/weronika-michaluk-mba-43811698/

https://htdhealth.com/

Get in touch with Karandeep Badwal - https://www.linkedin.com/in/karandeepbadwal/

Follow Karandeep on YouTube - https://www.youtube.com/@KarandeepBadwal

Ziv Yekutieli CEO of Mon4t a company that turns any standard smartphone into a sophisticated, personalized neurological medical testing device for remote and in-person testing the data of which can be used monitoring of neurological and psychiatric patients. He started his career as an electrical engineer, having experienced one of his teachers suffer from ALS, he began to study neurology alongside engineering eventually going on to study a PhD in Brain Science whilst in his engineering career eventually going to cofound Mon4t.

In this episode, we discuss his journey from studying medicine and engineering to connecting neurology and technology, the prevalence of neurological conditions affecting up to one in eight people, how the number of neurologists per capita is falling and his advice for aspiring entrepreneurs to know the box before thinking outside of it.

Timestamps:

[00:00:01] How Telehealth accelerates teleneurology treatment

[00:06:36] Telehealth advancing neurology and its complexity

[00:14:02] Neurology, engineering, technology: lifelong journey

[00:22:08] Know the box, identify beachhead, nurturing customers

[00:28:31] Exploring brain and starting a business

Get in touch with Ziv Yekutieli - https://www.linkedin.com/in/ziv-yekutieli/

https://mon4t.com/

Get in touch with Karandeep Badwal - https://www.linkedin.com/in/karandeepbadwal/

Follow Karandeep on YouTube - https://www.youtube.com/@KarandeepBadwal

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Mariusz Mąsior CEO of Consonance, a medical device development company providing multiple services from prototyping to manufacturing. He has a very strong academic background, he is an Author and co-author of numerous publications in reputable scientific journals and a visiting Scholar at Stanford University and Nagoya Institute of Technology.

In this episode, we discuss the implications of the AI Act including how it is not application-specific by not taking into account the risks and applications of AI therefore making it difficult for new companies, the unique challenges of investing in MedTech startups in respect to product and ethical considerations and how ResearchGate and Web of Science can be used as effective networking tools.

Timestamps:

[00:00:02] AI, machine learning, regulation issues

[00:06:46] AI: Magical, not dangerous and its application

[00:14:07] Networking for startups: Be social, talk, attend events.

[00:20:06] Network to find experts: Six words

[00:27:48] Exploring new things fearlessly

Get in touch with Mariusz Mąsior - https://www.linkedin.com/in/mariuszmasior/

https://consonance.tech/

Get in touch with Karandeep Badwal - https://www.linkedin.com/in/karandeepbadwal/

Follow Karandeep on YouTube - https://www.youtube.com/@KarandeepBadwal

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Ivan has both strong science and business background, he holds a BSc and MSc in Physics and an MBA. Having worked for nearly 15 years within the industry, in leading medical companies and also as a consultant in the areas of regulatory, product and business development, he has broad experience with different types and classes of products, supporting a variety of organisation models and management, from start-ups to large corporations.

In this episode, we explore the challenges of staying abreast of constantly evolving regulations and guidance documents on a global scale. Ivan shares invaluable insights on successful networking and imparts valuable advice for aspiring entrepreneurs. Furthermore, we delve into his personal journey, uncovering how a sports injury compelled his shift from physics to medical devices, prompted by a misdiagnosis that persisted for more than 4 years.

Timestamps:

[00:01:01] Importance of networking early on in your career

[00:04:35] Keeping up with changes in regulations and guidelines

[00:18:38] Turning a negative into a positive

[00:22:05] Dealing with failure

[00:25:08] Explaining entrepreneurship to your peers

Get in touch with Ivan - https://www.linkedin.com/in/ivan-perez-chamorro-804b0b22/

https://www.medboard.com/

Get in touch with Karandeep Badwal - https://www.linkedin.com/in/karandeepbadwal/

Follow Karandeep on YouTube - https://www.youtube.com/@KarandeepBadwal

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Arun began his career in clinical development and commercial roles of increasing responsibility at BristolMyers Squibb and Covance has over 20 years of hands-on healthcare business executive experience with an emphasis on corporate and business development, strategy and finance.

In this episode, we delve into the paramount importance of prioritising patients amid physician shortages in the US healthcare system, the cutting-edge approach of targeting regulatory T cells to combat neurodegenerative diseases effectively, the pivotal role of biomarkers in diagnosing these conditions together with the potential of combining them with physician tests, cognitive assessments and advanced scans for a truly ideal approach alongside how the intricacies of the human body remain a profound challenge and that there is still an abundance of knowledge to unravel and discover.

Timestamps:

[00:00:00] Excellent healthcare: Patient-centered excellence.

[00:06:09] Treating neurodegenerative diseases with Tregs.

[00:11:45] Bringing therapies to patients faster.

[00:18:00] Forming a company to fight neurodegenerative diseases.

[00:24:39] Evolution of Coya: Follow Your Calluses.

Get in touch with Arun Swaminathan - https://www.linkedin.com/in/arun-swaminathan-a8571b3/

https://coyatherapeutics.com/

Get in touch with Karandeep Badwal - https://www.linkedin.com/in/karandeepbadwal/

Follow Karandeep on YouTube - https://www.youtube.com/@KarandeepBadwal

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Bethany is a healthcare innovation and femtech attorney with almost a decade of experience working at multiple different law firms before founding FemInnovation.

In this episode, we delve into issues the Femtech industry faces in terms of growth and advancement. we discuss the lack of investment in women's health issues, the difficulties of advertising women's health products, the importance of involving an attorney early on in the process and recommended organisations for those looking to get involved in this space such as Femtech Lab and Impact 51.

Timestamps:

[00:00:00] Driving femtech growth: healthcare, menopause, breast/uterus health.

[00:04:36] Women's health neglected, femtech data traded for money.

[00:12:09] Women's health inequities in VCs

[00:17:54] Femtech: Mentoring, Advising and Collaborating

[00:23:54] Exploring FemTech: Don't be afraid.

Get in touch with Bethany Corbin - https://www.linkedin.com/in/bethanycorbin/, https://feminnovation.com/

Get in touch with Karandeep Badwal - https://www.linkedin.com/in/karandeepbadwal/

Follow Karandeep on YouTube - https://www.youtube.com/@KarandeepBadwal

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In this captivating bonus episode, we embark on an exploration of our individual backgrounds and the fascinating paths that led us to our present achievements. Join us as we discuss the exciting possibilities of in-person podcast recordings, delve into the current regulatory landscape and delve into Rodney's thrilling globe-trotting adventures.

Get in touch with Rodney Moses - https://www.linkedin.com/in/rodmoses/

Get in touch with Karandeep Badwal - https://www.linkedin.com/in/karandeepbadwal/

Follow Karandeep on YouTube - https://www.youtube.com/@KarandeepBadwal

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This groundbreaking technology empowered paralyzed individuals to navigate their world with newfound freedom. Building on this success, James embarked on his latest venture, Vistim Labs, aiming to solve a significant barrier in neurodegeneration with timely diagnosis.

In this episode, we delve into the fascinating connection between stress, gene expression and the subconscious mind. We explore how stress can impact our DNA and the role our brain plays in regulating stress levels whilst uncovering the intriguing interplay between conscious and subconscious thoughts and how negative imagery may trigger subconscious responses with potential implications for our health.

Get in touch with James Hamet - https://www.linkedin.com/in/jchamet/

https://vistimlabs.com/

Get in touch with Karandeep Badwal - https://www.linkedin.com/in/karandeepbadwal/

Follow Karandeep on YouTube - https://www.youtube.com/@KarandeepBadwal

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Prior to Medable Sans at the helm of Accenture's Global Life Sciences Research, assumed the pivotal role of orchestrating visionary market-shaping strategies and spearheading program execution in therapeutics, digital health, and scientific innovation. With over two decades in the industry, Sans's expertise graced the corridors of more than 30 companies, launching an impressive lineup of 10 groundbreaking products. Her guidance extended even further, advising digital health venture funds and masterfully managing a top 20 pharmaceutical portfolio.

In this episode, she delves deep into the pervasive issue of gender bias in clinical trials unveiling the startling truth about how these trials predominantly focus on Males with little Ethnic Diversity, leading to medicines that may not be optimized for everyone. How in the late 1970s women of childbearing age were excluded from medical research, regardless of their intention or ability to have children, how despite women comprising over half the population, a mere 1% of healthcare research and development is invested in addressing their specific conditions and how both the FDA and EMA have undergone a transformative shift in their perception of digital tools.

Get in touch with Sans Thakur - https://www.linkedin.com/in/sanskritithakur/, https://www.medable.com/

Get in touch with Karandeep Badwal - https://www.linkedin.com/in/karandeepbadwal/

Follow Karandeep on YouTube - https://www.youtube.com/@KarandeepBadwal

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