In this episode, Kelly Mottet, COO of Mach32, talks about how to bring an innovative medical device to market in the United States.
She shares insights into the journey of securing a significant government contract with BARDA, the strategies employed to navigate the medical device landscape, and the importance of team dynamics and stakeholder engagement.
The conversation highlights the operational challenges faced by a small startup and the values that drive their mission to save lives.
Key Takeaways
- Mach32 aims to stop traumatic bleeding with their innovative medical device
- The BARDA contract is a significant validation of Mach32's mission
- Networking and persistence were key to securing the BARDA contract
- Team cohesion is crucial for a virtual startup environment - and you should consider setting up ‘Starbucks Friday’s’ to give your team the space to get to know each other
- Investors and subject matter experts play vital roles in startup success
- The journey involves continuous learning and adapting to feedback
- Success is measured by progress towards commercialization and user impact
- The ultimate goal is to save lives with their product.
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