Silicon Republic July 25, 2024
Dr Brendan Boland of Loci Orthopaedics explains the benefits and challenges of hands-on research in a medtech start-up.
The road to success is different for every start-up, but those in certain sectors have a longer route to becoming major businesses.
For some founders, they can come to investors with a working product ready to go, requiring money to improve and scale up. But for some – such as deep-tech or medtech start-ups – they may require large amounts of investment to make a research concept a reality.
Even with a potentially transformative idea, there is also a long regulatory route for medtechs before they can create a commercially viable product. This requires clinical studies to prove the validity of a...
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