Harvard Business Review December 10, 2024
HBS professor Regina Herzlinger and entrepreneur Duke Rohlen discuss financing medical technology R&D.
Entrepreneur Duke Rohlen creates California-based Ajax Health under a new model for innovation and business growth. Calling it the “Chassis and Growth Drivers” model, he structures it to create innovative new products to capture a higher portion of the financial returns. Partnering with major private equity firms, Rohlen considers a $1 billion bid to buy Cordis.
If Ajax’s bid is successful, they will invest an additional $300 million to fund an off-balance sheet accelerator, which will develop innovative new products...
Today's Sponsors
Today's Sponsor