Bio Break: Funding Strategies for Medical Devices

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Bio Break: Funding Strategies for Medical Devices

Nick and Joris tackle a topic that’s more relevant than ever—raising funds for medical device development in today’s challenging financial landscape. With economic headwinds and cautious investors, startups and even established organizations face significant hurdles in securing funding. But there are ways to mitigate these challenges, and Joris shares strategic insights to align product development milestones with fundraising cycles.

Joris explains how breaking down a development program into distinct phases can help demonstrate progress and reduce risk, making a strong case to investors. Starting with an early-stage proof-of-concept system, developers can validate that their technology works as intended. This milestone not only reduces technical risk but also provides a compelling signal to potential investors that the project is on the right track.

The discussion highlights how subsequent phases build on this foundation, with the next funding round often focused on achieving clinical efficacy or regulatory submissions. These milestones unlock further investment, ensuring that the project continues to move forward incrementally. Finally, Joris emphasizes the importance of manufacturability and scalability, particularly for larger organizations aiming to bring the product to market. Demonstrating the ability to scale up production efficiently can attract interest from strategic partners or investors looking for a proven product ready for commercialization.

Nick and Joris also explore how this phased approach aligns with increasing funding needs while simultaneously de-risking the project. As the product progresses through proof of concept, clinical trials, and manufacturing, the price tag grows—but so does investor confidence, creating a balanced, stage-gated strategy for success.

Whether you’re a startup navigating tight budgets or an established company seeking to optimize your funding strategy, this episode is packed with actionable advice for managing financial risk in medical device development. Watch this Bio Break episode to learn how thoughtful planning and clear milestones can secure the funding you need to bring innovative medical technologies to life!

Funding Strategies for Medical Devices

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Jet Injector Drug Delivery: Promise and Pitfalls

Nick and Nigel dive into the world of jet injector drug delivery. This needle-free method, made popular in science fiction and real-world vaccines, is still used today.

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Injection Pain Reduction with Suction: A Simple Solution

Nick and Nigel explore a surprising approach to injection pain reduction using suction technology. What started as an unusual product order at StarFish Medical led to important insights on improving patient comfort during injections.

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Why Microneedles Still Matter in Drug Delivery

Nigel and Nick explore microneedle drug delivery—a growing field in medtech that aims to improve patient comfort and treatment compliance. While the term “microneedles” may sound futuristic, this technology has been around for years.

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Suppository Drug Delivery Is Making a Comeback

Nick and Nigel discuss an often-overlooked but increasingly relevant form of drug delivery: suppositories. While typically considered old-fashioned, suppositories are experiencing a resurgence in modern MedTech thanks to their versatility, systemic absorption benefits, and emerging formulation technologies.