Funding Forums

AdvaMed 2014 will feature four Funding Forums addressing critical issues in financing and growth in the medical technology industry. Early-stage company executives and investors will benefit from these interactive discussions and gain insights into raising capital and forming strategic partnerships. Funding Forums at AdvaMed 2014 are co-located with Company Presentations and Sector MeetUps, providing a comprehensive business development program for early-stage companies, investors and corporate business development executives.

Corporate Business Development Forum
Tuesday, October 7
10:30 am – 11:15 am
Room W181C

Strategic investments and M&A continue to be significant drivers of health care innovation. Corporate business development executives will discuss their approach to strategic investments and identify important elements of the due diligence process and key factors for successful deal making. This Forum will also include the perspective of a small company executive on developing partnerships and securing strategic investments.

Moderator:

  • Jon Salveson, Vice Chairman, Piper Jaffray & Co.

Speakers:

  • Susan Morano, Vice President Business Development, Global Surgery Group, Johnson & Johnson
  • Pete Shagory, Vice President, Strategy and Business Development, Cardinal Health Inc.
  • John Russell, President and CEO, Corventis (invited)

Venture Capital Forum
Tuesday, October 7
3:30 pm – 4:15 pm
Room W181A

Venture capital funding for medical devices declined 17% (in dollars) in 2013 and accounted for only 7% of all venture capital funding in the U.S. Corporate venture investments are an increasingly important element of capital formation for MedTech companies, as uncertain regulatory and reimbursement conditions threaten already scarce venture capital. This Forum will discuss trends and new models in venture capital funding, and will provide guidance for early-stage companies on presenting a comprehensive value proposition to both corporate investors and traditional VCs.

Moderator:

  • Nicole Walker, Director, Venture Capital, Baird Capital

Speakers:

  • Mike Carusi, General Partners and Team Leader, Lightstone Ventures
  • Tom Hawes, Managing Director, Sandbox Industries (invited)
  • Anne E. Sissel, Partner, Baxter Ventures

Early-Stage Funding Forum
Wednesday, October 8
10:30 am – 11:15 am
Room W181A

With limited venture capital for early-stage investments, MedTech start-ups must be creative in securing funding for their healthcare innovations. While angel investment remains an important source of capital, family funds, crowdfunding and philanthropic investments have emerged as viable, and often critical, options for early-stage MedTech investment. This Forum will assess how the crowdfunding model applies to our industry, and describe how entrepreneurs are working with foundations that fund medical research, as well as family funds and individual investors.

Moderator:

  • Randy Barko, President and CEO, Ximedica

Speakers:

  • Suzanne Reade, President, Chicago Arch Angels
  • Dennis Ford, Founder and CEO, Life Science Nation
  • Aaron Kowalski, Vice President, Artificial Pancreas, JDRF

Growth-Stage Funding Forum
Wednesday, October 8
10:30 am – 11:15 am
Room W181C

While M&A is often the most likely exit strategy for growth-stage MedTech companies, the public markets have recently shown signs of opening to MedTech IPOs. This Forum will examine the impact on MedTech IPOs of reduced reporting requirements for qualifying Emerging Growth Companies, and address the steps growth-stage MedTech companies can take to manage the costs and complexity of an IPO. Against this backdrop, the panel will also assess the current landscape for M&A and the corporate business development perspective on deal making with publicly listed and privately held MedTech companies.

Moderator:

  • Jon Hammack, Managing Director – Medical Technology, Moelis & Co.

Speakers:

  • Eric Major, CEO, K2M
  • Kristine Peterson, CEO, Valeritas (invited)
  • Jeff Barton, Vice President, Licensing and Acquisitions, Abbott