In this episode of The Innovators & Investors Podcast, host Kristian Marquez sits down with Ranvir Mangat, co-founder and COO of InsightRx, to explore how their software addresses the critical issue of one-size-fits-all dosing in healthcare. InsightRx leverages precision dosing and clinical analytics integrated directly into medical records to tailor medication plans based on individual patient pharmacology and biomarkers. Ranvir shares the company’s origins stemming from a UCSF bone marrow transplant project and explains how their technology applies predictive pharmacokinetic and pharmacodynamic models traditionally used in drug development to real-world clinical settings.
The conversation delves into the evolving healthcare landscape, particularly the shift from fee-for-service to pay-for-performance models, and how InsightRx’s solutions align with this focus on patient outcomes and cost efficiency. Ranvir discusses the complex dynamics between pharmacies, payers, and hospitals, highlighting challenges in demonstrating ROI and navigating lengthy sales cycles in a conservative industry with tight budgets.
Listeners will gain a deep understanding of the startup’s journey to product-market fit, emphasizing the importance of domain expertise, rapid iteration, and understanding customer pain points to build a “must-have” solution. The episode also touches on how InsightRx is incorporating AI and machine learning, including generative AI, to enhance operational efficiency and clinical decision support, while maintaining necessary human oversight.
Ranvir reflects on lessons learned over InsightRx’s decade-long evolution, offering practical advice on managing market hype, capital raising, and balancing product development with sales strategy. The episode concludes with personal reflections on the power of co-founder partnerships and mentorship, underscoring the entrepreneurial spirit necessary to navigate the challenges of building innovative healthcare technology.
For those interested in healthcare innovation, precision medicine, and the intersection of AI in clinical applications, this episode provides a comprehensive look at how InsightRx is shaping the future of personalized drug dosing.
Learn more about Ranvir's work at insight-rx.com
Connect with Ranvir on LinkedIn at https://www.linkedin.com/in/ranvir-mangat-99621a6/
Think you'd be a great guest on the show? Apply at https://finstratmgmt.com/innovators-investors-podcast/
Want to learn more about Kristian Marquez's work? Check out his website at https://finstratmgmt.com
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