Medtech Talk

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A weekly conversation with the innovators who will change how health care is delivered.

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    • May 21, 2025 LATEST EPISODE
    • monthly NEW EPISODES
    • 38m AVG DURATION
    • 197 EPISODES


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    Latest episodes from Medtech Talk

    Episode: 196 - Eric Wichems on Building a Company You Want to Work For

    Play Episode Listen Later May 21, 2025 63:25


    In this episode of Medtech Talk, host Geoff Pardo and Eric Wichems, former CEO of Vertos Medical (recently acquired by Stryker), discuss the responsibilities of a CEO, why high accountability and transparency are important aspects of company culture, and how to hire the right person for the position—and how to determine if they can thrive in your company's culture. Wichems shares his background in engineering and how he found his way to Vertos, as well as his thoughts on the Stryker acquisition and the reasons behind it. Medtech Talk Links:  Cambridge Healthtech Institute   Medtech Talk  Gilde Healthcare   Vertos Medical: Vertos Medical Stryker: Stryker Interventional Spine 

    Episode: 195 - John Woock on Crossing the Chasm from Clinical to Commercial

    Play Episode Listen Later Apr 29, 2025 69:46


    In this month's Medtech Talk, co-host Swaril Mathur, vice president of business development at Axonics, debuts in her first episode with John Woock, former EVP and chief marketing and strategy officer at Axonics. They discuss the early days of their company, including what motivated Woock to join a company that was considered risky at the time, what he learned from supporting and working directly with the field team, and how Axonics handled the early stages of commercial launch during the pandemic. Woock also reflects on how much the company has changed over the years in its culture and leadership, including the decisions that felt good and the ones that were harder to grapple with. Medtech Talk Links:  Cambridge Healthtech Institute   Medtech Talk  Gilde Healthcare   Axonics Links: Axonics 

    Episode: 194 - Douglas Kelly on the Value of Innovation and Breakthrough Designation

    Play Episode Listen Later Mar 27, 2025 84:13


    This month at Medtech Talk, co-host Justin Klein, co-founder and managing partner at Vensana Capital, debuts in his first episode with a discussion with Douglas Kelly, former deputy center director for science and chief scientist at the Center for Devices and Radiological Health at the FDA. Kelly talks about his time at the FDA and the fundamental changes he implemented to make a helpful impact on patients, including when the pandemic was at its peak. Kelly also shares his thoughts on the value of fostering innovation and the importance of breakthrough designation, as well as how to approach the process of advocacy and get in better alignment with shared priorities with the FDA, CMS, and other stakeholders

    Episode:193 - Dr. Billy Cohn on Limitless Innovation and Finding Resources Everywhere

    Play Episode Listen Later Feb 18, 2025 46:09


    In the first Medtech Talk episode of 2025, host Geoff Pardo speaks with Dr. Billy Cohn, MD, PhD (H), Chief Medical Officer of BiVACOR, about entrepreneurship, limitless innovation, and thinking outside the box. Dr. Cohn discusses his experiences being a driving force behind the Center of Device Innovation at the Texas Medical Center, what influenced him to pursue medical devices, and finding resources in everyday objects. He also provides advice for budding entrepreneurs and engineers and why he believes Home Depot is the headquarters of medical device prototyping. 

    Episode:192 - Michael Jaff's Multi-Perspective Insights Into Healthcare

    Play Episode Listen Later Dec 2, 2024 60:54


    In this episode of Medtech Talk, host Geoff Pardo speaks with Michael Jaff, DO, chief medical officer and vice president of Clinical Affairs, Technology, and Innovation at Boston Scientific. Dr. Jaff has a long list of achievements and a robust background as a professor of Medicine at Harvard Medical School, president of Newton-Wellesley Hospital, medical director at the Massachusetts General Hospital, and more. Dr. Jaff shares his thoughts on good leadership, medical device innovation (and how they can help hospitals succeed), and how hospitals and manufacturers can navigate post-COVID-19 financial strains. He also discusses his journey from clinician to hospital CEO to the manufacturing industry, as well as Boston Scientific's outlook on the future.  Medtech Talk Links:  Cambridge Healthtech Institute   Medtech Talk  Gilde Healthcare  Boston Scientific: Boston Scientific 

    Episode: 191 - Per Langoe on Bringing New Hope to Brain Cancer Patients

    Play Episode Listen Later Oct 15, 2024 58:34


    In this episode of Medtech Talk, host Geoff Pardo and Per Langoe, CEO of GT Medical, discuss Langoe's extensive career, from his start in sales to eventually making his way to medtech. Langoe gives tips on how to keep investors on board during times of crisis (such as the Covid-19 pandemic) and how he hires the right people for the job, as well as the differences between small companies and big companies and owning your company versus selling it to a larger company. He also shares what attracted him to GT Medical, what the company's future looks like, and more. Thanks to Silicon Valley Bank for hosting this episode. Medtech Talk Links:  Cambridge Healthtech Institute   Medtech Talk  Gilde Healthcare  GT Medical: GT Medical GammaTile: GammaTile 

    Episode: 190 - The Evolution of Suki and Bringing Joy Back to Patient Care

    Play Episode Listen Later Sep 17, 2024 49:36


    In this episode of Medtech Talk, host Geoff Pardo speaks with Punit Soni, CEO of Suki, about using AI to build better technology in healthcare, the origins of Suki, and how Soni shifted from Google to healthcare. Soni also delves into the difficulties and challenges of healthcare, including handling the regulatory aspects and encouraging doctors to adapt to new tech. He also discusses managing failure—as an individual and a company leader—and where we are in the evolution of what Suki is doing.  Special thanks to Silicon Valley Bank for sponsoring this episode.  

    Episode: 189 - Liz Kwo on Navigating the Digital Transformation of Healthcare

    Play Episode Listen Later Jul 23, 2024 59:07


    In this episode of Medtech Talk, host Geoff Pardo speaks with Dr. Liz Kwo, chief commercial officer at Everly Health, about how she got started in the medtech field, her experience at InfiniteMD, and the lessons learned along the way. They also discuss Dr. Kwo's new book Digital MD: Revolutionizing the Future of Healthcare, which provides an in-depth look at ROI development, how organizations think, sell, and build partnerships, and more. Dr. Kwo also shares her thoughts on the difference between efficacy and effectiveness, customer profiles, the changing role of the consumer (especially when considering data and AI), and what she anticipates in the next 20 years. 

    Episode 188 - Interview with Medtech MVP 2024 Award Recipient Raymond W. Cohen

    Play Episode Listen Later Jun 25, 2024 42:43


    In this special episode of Medtech Talk, host Geoff Pardo interviews Raymond W. Cohen, CEO of Axonics and winner of the Medtech MVP 2024 Award. The MVP Award recognizes an individual for extraordinary contributions to a medtech company that has successfully advanced an important new product and delivered strong financial returns. This year's award honors Cohen for his visionary leadership and innovative solutions that have propelled Axonics to the forefront of the industry. The pair explore Axonic's groundbreaking technology, the importance of neuromodulation, and Cohen's storied career, including focusing on key decisions that led him to become an entrepreneur and ultimately the leader of one of the most successful venture-backed medtech companies of our time. 

    Episode: 187 - Lessons From an Early-Stage Medtech Investor

    Play Episode Listen Later May 28, 2024 54:11


    In this episode of Medtech Talk, host Geoff Pardo speaks with Darshana Zaveri, founder & managing partner of Catalyst Health Ventures, about her entry and journey to medtech and venture capital. Zaveri discusses how she approached her first deal, why treating others with kindness and dignity is the key to good networking, and the qualities she looks for in entrepreneurs, particularly in the early stages of a company's evolution. She also relays her time as CEO of Lantos Technologies, the hard but valuable lessons she learned, and how she applies those experiences to investing. 

    Episode: 186 - Conor Hanley Discusses Leadership, Assimilating Perspectives, and Raising Capital

    Play Episode Listen Later Apr 30, 2024 47:16


    In this episode of Medtech Talk, host Geoff Pardo and Conor Hanley, PhD, CEO of FIRE1, discuss various topics ranging from leadership to entrepreneurship to raising funds. Hanely also talks about lessons learned about raising capital at BiancaMed, how he keeps investors on the same page, how he utilizes his board and partnerships, and how he assimilates other people's perspectives while taking on a position. He also delves into his viewpoint on patient compliance, what attracted him to healthcare in the first place, and how Ireland transformed from an economic low point to the Celtic Tiger.  Medtech Talk boiler: The Medtech Talk Podcast explores the lives and stories of the people behind some of the greatest advancements in healthcare. Gilde Healthcare General Partner and podcast host, Geoff Pardo invites listeners to see themselves in the journeys of the greatest entrepreneurs, investors, and executives changing the landscape of medtech to save patients and innovate healthcare for future generations.      

    Episode: 185 - Rodney Perkins Discusses Navigating Entrepreneurship and ‘Maintaining the Machine'

    Play Episode Listen Later Mar 27, 2024 71:07


    In this month's episode of Medtech Talk, host Geoff Pardo speaks with Rodney Perkins, M.D., serial medtech inventor and founder of several companies, including Collagen Corporation and Laserscope. Perkins delves into his extensive history as one of the industry's most prolific and successful entrepreneurs whose inventions have helped shape many medical specialties. Perkins discusses what drew him to medicine and medtech, how to navigate the challenges of starting new companies, and why being aware of your own skillset is important to the growth of a company. He also offers advice on how to handle the stresses of entrepreneurship, including his own “entrepreneur's survival kit” of self-care and understanding your limits. 

    Episode: 184 - Amr Salahieh on the Keys to Successful Entrepreneurship

    Play Episode Listen Later Feb 27, 2024 56:28


    Starting a company is an intimidating feat. Starting multiple companies is even scarier. In this month's episode of Medtech Talk, host Geoff Pardo speaks with Amr Salahieh, founder and CEO of Shifamed, about his extensive experiences of entrepreneurship in the medtech ecosystem. As the founder of several companies, including Sadra Medical, Maya Medical, and Apama Medical, Salahieh shares his tips and tactics on finding the right markets, taking care of your investors, and overcoming challenges when a company fails. He also offers his thoughts on the biggest obstacle in the medtech sector today and how Shifamed has remained sustainable compared to other organizations. Medtech Talk Links:  Cambridge Healthtech Institute   Medtech Talk  Gilde Healthcare   Shifamed Links: Shifamed  

    Episode:183 - Dr. Nolan Williams on New Approaches to Treating Major Depressive Disorder

    Play Episode Listen Later Dec 19, 2023 58:45


    Though the stigma around mental illnesses has lessened, there is an ongoing mental health crisis affecting the country—and the rest of the world. In this episode of Medtech Talk, host Geoff Pardo speaks with Nolan Williams, M.D. Associate Professor of Psychiatry and Behavioral Sciences at Stanford University, about how electrical signaling abnormalities in the brain could be behind mental illnesses and the different options used to treat these ailments. Dr. Williams also delves into how his background in psychology and neurology helped him better understand patients in crisis, how Magnus Medical's methods differ from traditional transcranial magnetic stimulation therapy, and the difficult circumstance of the current state of hospitals and inpatient units. Medtech Talk Links:  Cambridge Healthtech Institute   Medtech Talk  Gilde Healthcare  Magnus Medical Links: Magnus Medical Stanford University Links: Stanford University School of Medicine Stanford University 

    Episode: 182 - Justin Klein on Building the Medtech Ecosystem

    Play Episode Listen Later Nov 21, 2023 46:37


    How does one decide to invest in the right company? In this episode of Medtech Talk, host Geoff Pardo speaks with Justin Klein, MD, JD, Co-Founder and Managing Partner at Vensana Capital, about how he uses his legal background to determine the best investment strategy, how he found his way into the medtech industry, and which areas of medicine fascinate him the most. He also talks about his experiences and lessons learned during his time as a partner at NEA, as well as his thoughts on what is working in the industry and what challenges obstruct it from its goals. 

    Episode: 181 - Keegan Harper On Overcoming Hardships And Finding Your Talent

    Play Episode Listen Later Oct 31, 2023 58:02


    How does one navigate the difficult road of entrepreneurship? How do you find the right industry for you? In this episode of Medtech Talk, host Geoff Pardo speaks with serial founder and med device CEO Keegan Harper, about overcoming the challenges of being your own boss and finding what you're good at. Harper discusses what inspired him to become an entrepreneur, how he became interested and involved in medtech, and his experiences managing several start-up companies. He also details how he found his knack for choosing technology to invest in and develop, meeting the right people, figuring out the build-to-buy system, and his experiences at multiple companies, including Ablation Frontiers, TheraCardia, Bird Flex, and, now, Bolt Medical.   

    Episode: 180 - Jane Chao Bridges Art and Science in Ceribell's Breakthrough Neuromonitoring Solution

    Play Episode Listen Later Sep 19, 2023 49:06


    Ceribell's rapid seizure triage product for critical care received FDA's Breakthrough Designation with an exclusive New Technology Add-on Payment (NTAP) from CMS. Everything about the ClarityPro product—from the innovative EEG headband to the EEG recorder and physician portal has been engineered to enable quick detection and response to non-convulsive seizure in a critical care or ED setting. In this episode of the Medtech Talk podcast, host Geoff Pardo speaks with Jane Chao, CEO of Ceribell, about the path to develop an innovative new product and her personal journey as well.  Chao's own story started with a love of numbers, a highly exclusive spot earned in a prestigious chemistry program in Beijing, a Ph.D. in biophysics, a stint in documentary film making, and roles at McKinsey, Novartis, and Genentech. For Ceribell's genesis, Chao took lessons from all of those experiences—empathy sharpened while filming a documentary on migrant workers in China, business knowledge gained at McKinsey, and a rich, interdisciplinary scientific background—to launch a new medtech business and engineer a new device to meet a critical, unmet medical need.  Medtech Talk Links:  Cambridge Healthtech Institute   Medtech Talk Gilde Healthcare  

    Episode: 179 - Overcoming Valuation Overhang – Implications on Raising Capital and Exits

    Play Episode Listen Later Jul 18, 2023 51:38


    How has the bullishness of 2016-2022 impacted public markets and private companies? In this special episode of Medtech Talk, we share Geoff Pardo's Medtech MVP 2023 panel, featuring Tak G Cheung, Partner at New Enterprise Associates; J.P. Peltier, Managing Director of Global Head, Healthcare Investment Banking at Piper Sandler; Michael Ryan, VP of Venture Capital & Business Development at Boston Scientific Corp; Gwen Watanabe, Managing Director at H.I.G. Capital; and Rob Winklemann, Managing Partner & CEO at Credo 180. The panelists discuss the implications for private companies, particularly those that were financed during the boom times, as well as strategies for keeping private companies financed, and the outlook for liquidity via M&A or IPO.  

    Episode: 178 - Doug Godshall's Business Growth Through Sales Strategies and Leadership

    Play Episode Listen Later Jun 21, 2023 62:13


    Doug Godshall, President and CEO of Shockwave Medical, started off selling T-shirts as an engineering student. Today, he leads the most successful high-growth medtech company in the last twenty years. In this episode of Medtech Talk, host Geoff Pardo speaks with Godshall, who discusses his start in medical devices, experiences in a major medtech company, leadership and culture, and what it takes to succeed in the field. Godshall details the strategies behind sales such as understanding your customer's full needs and why the quality and usefulness of your product is more important than the amount you sell.  He also shares his perspective on the type of company culture that creates a comfortable and collaborative environment that paves the way to success. Medtech Talk Links:  Cambridge Healthtech Institute   Medtech Talk  Gilde Healthcare  Shockwave Medical 

    Episode: 177 - Launching a New Category of Orthopedics: Moximed's Journey and Trial Results

    Play Episode Listen Later May 24, 2023 57:20


    In his early education Anton Clifford was advised against focusing on both science and economics. But he's put that education to good use in his entrepreneurial career. With a foundation in engineering, Clifford quickly turned to medical devices. First in his native Ireland and later in the US with Abbott Laboratories, Clifford got firsthand experience with device engineering as well as the challenges of launching new products, divisions, and companies.  On the journey to his current endeavor, Clifford had narrowed his focus to finding an engineering problem with a mechanical component: a massive unmet need with a surgical solution that was under-adopted. As he considered market opportunities, a friend and mentor, Josh Makower, directed him: You're not trying to make something work; you're trying to kill ideas.  The last idea standing, so to speak, was an implantable shock absorber, reducing load to the knee joint. After years of development, Moximed has released its FDA study on the most recent product—Misha—with “phenomenal outcomes.” Compared to a surgical alternative, Misha showed superior recovery, pain, function, and no mechanical failures.  Medtech Talk Links:  Cambridge Healthtech InstituteMedtech Talk  Gilde Healthcare  Moximed 

    Episode: 176 - Stacey Pugh Combines Bedside Background with Market Experience to Affect Change for Type 2 Diabetes

    Play Episode Listen Later Apr 26, 2023 56:46


    With a background as a trauma nurse and experience running clinical research programs, Stacey Pugh brought quite a bit of patient-focused experience with her when she shifted to industry. After several roles in the neurovascular space, now she's leading the charge at Endogenix, which is using pulsed electric fields to treat Type 2 Diabetes. She and host, Geoff Pardo, talk about a medical officer's first experience doing sales, the challenges in affecting change management in primary care, funding businesses with SPACs, and more.  Medtech Talk Links:  Cambridge Healthtech Institute   Medtech Talk  Gilde Healthcare  Endogenex 

    Episode: 175 - Marine Raider Turned CEO Leverages Advanced Technology to Design Novel Urological Diagnostic Devices

    Play Episode Listen Later Mar 21, 2023 58:18


    Derek Herrera, founder and CEO of Bright Uro, grew up in a military family with a curious mind and a skill for building things. After graduating, he entered the Naval Academy, studied systems engineering and robotics, and became a Special Operations Marine Raider. When an injury left him paralyzed from the waist down, he launched a new career to improve the lives of spinal cord injury patients through medical innovation.   Herrera speaks with podcast host Geoff Pardo about his extensive military career and the leadership skills fostered during that time. He also talks about his first entrepreneurial pursuit creating a fully internal and remotely controlled device for chronic urinary retention, a common issue for spinal cord injury patients. Herrera discusses his new business, Bright Uro, which leverages advanced technology to create urological diagnostic devices. He says, “Not only will we offer a superior patient and customer user experience, a more comfortable technology, and improve clinical efficiency, we're unlocking data that's never been obtained before because there's never been the capability to do so.” Links from this episode:  Gilde Healthcare Bright Uro UroDev Medical 

    Episode: 174 - Lisa Anderson on Paragonix Technologies' Revolutionary Organ Transplant Preservation and Transport Device

    Play Episode Listen Later Feb 21, 2023 60:44


    Growing up in Austria as the daughter of two physicians, Lisa Anderson, co-founder and CEO of Paragonix Technologies, spent many evenings around the dinner table discussing patient care with her parents. After pursuing advanced studies in biomedical sciences and medical genetics, Anderson ventured back into patient care and launched a donor organ preservation and transport company to dramatically improve the standard of care for many donor recipients.  In this episode, Anderson speaks with host Geoff Pardo about the current issues in organ transport and how their first device—the Paragonix SherpaPak Cardiac Transport System—significantly decreases the number of adverse events less than 24 hours after heart transplant surgery. She also talks about the company's transition to a service-based business with the development of the Paragonix app, their expansion into transporting lungs, livers, and kidneys, and the strategies used to develop a straightforward and high-performing device. She says, “We wanted to provide a simple device that provides superior clinical outcomes, is easy to us, and has an intuitive user profile when [organ recoveries] occur. We provide [surgical teams] with superior organ preservation.” Links from this episode:  Gilde Healthcare Paragonix Technologies Paragonix SherpaPak Cardiac Transport System   

    Episode: 173 - A Continued Conversation: Fred Khosravi on Transforming a Medical Invention to an Exceptional Innovation

    Play Episode Listen Later Jan 17, 2023 78:44


    Fred Khosravi, chairman and CEO of Imperative Care, returns to the podcast for another engaging conversation with host Geoff Pardo about his personal and professional experiences in the medtech space. He speaks about the elements of preparedness that help entrepreneurs seize new opportunities, the importance of maintaining intellectual honesty in one's work, and why a “market-first” mentality leads to industry success. He says, “It's not a great medical innovation unless it ends up helping a lot of patients. Otherwise, it's just a great invention.” Khosravi generously shares three decades worth of entrepreneurial wisdom and recounts stories of the people who profoundly impacted his career. He talks about viewing investors as partners not parents, the attributes that spur venture capitalists to invest in a CEO, the lessons learned from developing the number one intravascular filter in the global market, and his work at Imperative Care—a stand-alone comprehensive stroke and thrombectomy company. He also explains why he believes “freedom and innovation” set the American medtech industry apart and the path forward to make it even better.  Links from this episode:  Gilde Healthcare Imperative Care Incept Medical Incubator (Axtria, Ostial, Neurolutions, Instylla, Tulavi Therapeutics) 

    Episode 172: Fred Khosravi on Using ‘Forces of Good' to Transform the Medtech Space 

    Play Episode Listen Later Nov 22, 2022 49:40


    This month host Geoff Pardo speaks with one of the most prolific entrepreneurs in the medtech industry, Fred Khosravi, chairman and CEO of Imperative Care, about the path that led him to start over 24 healthtech startups. Khosravi recounts leaving Iran at 17 and studying mechanical engineering at Tennessee Tech. He talks about his first experiences with medical device manufacturing and how he designed a fully automated process for making cataract lenses. Khosravi also shares his pioneering work in developing cardiac stents, how serendipity is really “opportunity meets preparedness,” and why every entrepreneur needs a board of directors. He clarifies, “Not your company's board of directors, but your own personal board of directors: people who care about you to be skeptical about you and tell it to you like it is.” Links from this episode:  Gilde Healthcare Imperative Care  

    Episode 171: Viz.ai CEO Chris Mansi on Artificial Intelligence and Increasing Patient Access to Life-Saving Treatments

    Play Episode Listen Later Oct 18, 2022 54:27


    As a trained neurosurgeon, Dr. Chris Mansi is familiar with the challenges patients face in accessing lifesaving treatments. After earning an MBA from Stanford and enrolling in their Biodesign Medical Innovation track, he learned to develop multifaceted and technology-based solutions to improve healthcare workflows.  In this episode, host Geoff Pardo speaks with Mansi about Viz.ai, a revolutionary application that increases patient access to life-saving treatments in over 1,200 hospitals. Every minute an ischemic stroke patient waits for treatment equates to approximately 2 million neurons lost and a week of disability. Viz.ai abbreviates the sometimes five-hour-long process of securing a specialist to merely minutes, changing the course of patients' lives. Mansi also discusses how to address naivety in entrepreneurship, the value of an interdisciplinary mindset in improving patient outcomes, and the importance of creating a value-based company with mission-driven employees. Links from this episode:  Viz.ai 

    Episode: 170 - Stanford Professor Dr. Joshua Makower Talks Multidisciplinary Innovation in the Medical Device and Consumer Product Markets

    Play Episode Listen Later Sep 27, 2022 62:18


    Dr. Josh Makower is one of the few multidisciplinary leaders making a tremendous and broad-reaching impact on the medical device and consumer product industries. As an inventor, professor, CEO, and venture capitalist with experiences in medicine, bioengineering, business, and big pharma, Makower has led the charge in creating some of the most unique and practical designs.  In this episode, host Geoff Pardo speaks with Makower about his interests in science and technology at an early age, his college transition from music to engineering, and what he believes is the future of biodesign. Makower details the mechanics of his inventions for incontinence, chronic sinusitis, benign prostatic hyperplasia, and women's health as part of the nine companies he created in the past 25 years. Finally, he speaks about the joy of teaching and offers sage advice to up-and-coming medtech innovators: “My classic piece of advice for anyone getting into any health-related field is you really have to be perseverant. You have to never give up because there are so many reasons to turn away and give up, but if you have a dream and believe in what you're doing and are willing to listen and adapt, that's key. I think anyone can win, and it's just about believing in yourself and your vision.” Links from this episode:  Stanford University Stanford University School of Medicine ExploraMed, a medical device incubator Coravin Willow 

    Episode: 169 - Andy Doraiswamy, CEO of Koya Medical, Talks Mountaineering, Meditation, and Management

    Play Episode Listen Later Aug 23, 2022 53:31


    Before he began his Ph.D. program in biomedical engineering, Andy Doraiswamy bought a one-way ticket to Southeast Asia to explore and “find himself.” He was successful: discovering a love for mountain climbing's physical and mental challenges and developing a practice of meditation that has proven helpful in both climbing and commerce. Since leaving academia, he's been involved in startups at Advanced Vision Science, Oculeve, and now Koya Medical. Doraiswamy has a huge bias and love for eye care, he says, particularly intrigued by its complexity. He and host Geoff Pardo discuss how medical devices fare in academia, letting go of promising technology in an acquisition, and the shifts required when transitioning from COO to CEO. Links from this episode: Koya Medical 

    Episode: 168 - Alleviant Medical CEO Adam Berman on the No-Implant Device Treating Diastolic Heart Failure

    Play Episode Listen Later Jun 21, 2022 56:32


    Host Geoff Pardo talks with Adam Berman, CEO of Alleviant Medical, about the groundbreaking device treating heart failure without hardware or permanent implants. The Alleviant device mitigates shortness of breath in patients with diastolic heart failure by leaving behind a shunt cut from interatrial septum tissue. The shunt moves blood from the left atrium to the right, diminishing pressure on the lungs. Berman speaks about his start in biomedical engineering, gaining invaluable experience in the operating room, developing sales tactics and industry knowledge as a medical device field representative, and switching gears to create novel devices for cardiac care.  Links from this episode:  Alleviant Medical 

    Episode: 167 - M&A, IPO or SPAC: CEOs Share Exit Strategies and Lessons Learned Along the Way

    Play Episode Listen Later Apr 19, 2022 61:32


    Geoff Pardo and three successful medtech CEOs who exited their companies through a different pathway— M&A, IPO, and SPAC—discuss the pros and cons of each. While market volatility is a given, Bruce Shook, Former President & CEO, Intact Vascular and Vesper Medical; Clint Carnell, Co-Founder & Chairman, OrangeTwist; Former CEO, BeautyHealth; and Leslie Trigg, CEO, Outset Medical agreed that successful CEOs keep their focus on delivering returns for their investors—whether private or public. If your company is solving a really important problem and is creating value for patients, you'll ultimately succeed, Shook said. From there, Trigg pointed out, exit vehicles are simply different modes of transportation to the same place.  GUESTS:Bruce Shook, Former President & CEO, Intact Vascular and Vesper Medical Clint Carnell, Co-Founder & Chairman, OrangeTwist; Former CEO, BeautyHealth Leslie Trigg, CEO, Outset Medical, Inc. HOST:  Geoff Pardo, General Partner, Gilde Healthcare; Host, Medtech Talk podcast  LINKS:Cambridge Healthtech Institute   Medtech Talk  Gilde Healthcare  OrangeTwist Outset Medical 

    Episode 166: Nicole Walker on Diversity, Leadership, and Falling in Love with the Deal

    Play Episode Listen Later Feb 15, 2022 56:11


    Nicole J. Walker brings far more diversity than just her race and gender to her role as managing partner at Arboretum Ventures. Her background was in operations and engineering, and she knows her perspective has given her valuable insight into the businesses she works with. Walker also credits her team with asking hard questions, applying different experiences, and bringing an historical perspective—together keeping each other disciplined and objective. Walker knows that “fullness of diversity” will be equally successful for the healthcare venture space as a whole. “It's really important that we keep pushing the envelope on the people around the table,” she says, having honest conversations about who are the decision-makers, how we compensate people for their work, and how our pools and pipelines may be influencing our candidate choice.  

    Episode 165: Dr. Aaron Kaplan— Still Making Music, A Clinician's Perspective on Innovation

    Play Episode Listen Later Dec 20, 2021 54:45


    Dr. Aaron Kaplan has several startups and many years of cardiology practice under his belt, and he is uniquely positioned to give a physician's perspective on the medical device startup space and how big ideas actually impact the clinic. As a practicing interventional cardiologist and Director of Clinical Research, Heart & Vascular Center, at Dartmouth-Hitchcock Medical Center, Kaplan is intimately aware of the challenges facing cardiology today and the needs facing both patients and their care providers. And as an entrepreneur and inventor, he's learned to maximize his role in the startup arena. “The role of the doc is not to design the device, but to define the problem,” Kaplan told Medtech Talk. Kaplan says he brings ideas to the table “that often violate one if not two of Newton's laws”, but he has learned to hand them over to creative engineers and others with diverse perspectives. While, as a physician, he alone answers for all the care decisions that were made for a patient, as an entrepreneur, he instead builds multidisciplinary teams with competencies that are divorced from medicine. One of the biggest differences between the two roles, Kaplan says, is that entrepreneurs must learn to accept failure. In speaking with Geoff Pardo, Kaplan employs a physician's traditional habit of postmortem assessment of one of his previous startups, candidly breaking down the problems in the market approach, the trial strategy, and the leadership structure—valuable lessons for him—and others—to apply to future projects.Dr. Kaplan is a practicing interventional/structural cardiologist and a medical device entrepreneur. Aaron supervises cardiology fellows and lectures regularly at the Tuck School. In addition, he directs the Clinician-MBA Scholars Program at Dartmouth. Prior to Dartmouth, he was Director of Interventional Cardiology at the Palo Alto VA/Stanford University. Dr. Kaplan has authored >75 peer-reviewed papers and serves on the Editorial Board of Cardiac Catheterization & Intervention and J Soc Cardiovascular Angiography & Interventions. Aaron is an active entrepreneur who has been on the founding team of a number of companies including Conformal Medical, Tryton Medical, LocalMed and Perclose (acquired by Abbott). Dr. Kaplan is on the Board of Cairn Surgical and was an Entrepreneur-In-Residence at Three Arch Partners. Aaron has authored 60 U.S. Patents and was inducted into the National Academy of Inventors (Class of 2015). He received a BS in Engineering Sciences (Cum Laude) from Tufts University, MD from Wake Forest University, medical training at Northwestern University and cardiology training at Stanford University.

    Episode 164: Kurt Azarbarzin, Revolutionizing Surgery

    Play Episode Listen Later Nov 22, 2021 52:42


    Kurt Azarbarzin grew up valuing discipline, hard work and a can-do attitude, and he credits much of his success to continuing to work and live by those principles. Having moved to the United States from Tehran, Iran in late 1970's as a senior in High School, Kurt was fortunate to live with an American family who knew his own family well. He enjoyed math and science, so he studied manufacturing engineering in college and had his first exposure to the medical device industry from a professor who was then consulting at U.S. Surgical. This professor helped Kurt obtain a part-time job there, and although he was not initially interested in medtech, Kurt quickly became fascinated with surgery as he worked with surgeons in the OR. He learned that if he truly aimed to help the surgeons achieve better outcomes, and not just pitch them products, then a mutually beneficial partnership could develop. After 21 years at U.S. Surgical, the company was acquired by Tyco, and Kurt decided to continue his passion for innovation by first becoming a consultant and then an entrepreneur. In this interview with host Geoff Pardo, Kurt shares how his family values and early learnings at U.S. Surgical helped shape his success as a founder and leader, including starting and exiting SurgiQuest, leading Verb Surgical, and now overseeing ColubrisMX Robotics. Tune in to hear these stories and insights, plus the three most pressing questions you need to be able to answer if you're considering surgical robotics.BIOKurt Azarbarzin is a 39-year medtech industry veteran, having led the development of over 90 new products representing over $910 million of annual sales at companies including U.S. Surgical, Tyco Healthcare (now Medtronic), Spine Wave, Respimetrix, SurgiQuest, Verb Surgical, and J&J. He has experience in surgical, robotic, cardiovascular, interventional, orthopedic and urological markets. Kurt founded SurgiQuest in 2005 and sold it to Conmed, and the company's lead technology AirSeal became the standard of care for advanced Lap and Robotic Surgery. He then became CEO of Verb Surgical, a Joint Venture between Google and J&J consisting of over 550 employees, that was acquired by J&J in January 2020. After that, Kurt became and is currently the CEO of ColubrisMX Robotics, which is developing the first endoluminal robotic platform in the world, thus truly enabling scarless surgery through existing lumens. Kurt currently lives in Greenwich, CT and is a funding member of the MIS Revolution.

    Episode 163: Venture Investing in a Post-COVID World

    Play Episode Listen Later Oct 18, 2021 41:20


    The pandemic has certainly affected many aspects of life, but what about the medtech industry? Specifically for this audience, did COVID impact medtech investment strategy? As part of the recent Medtech MVP conference, host Geoff Pardo moderated a panel interview with four medtech investors to tackle that question and many more: Carter McNabb, Managing Director, River Cities Capital Funds; Darshana Zaveri, Managing Partner, Catalyst Health Ventures; Justin Klein, MD, JD, Co-Founder & Managing Partner, Vensana Capital; and Tara Butler, MD, Managing Director, Ascension Ventures. The panel also discussed aspects of the virtual world that are likely to remain in the entrepreneur/VC ecosystem, the latest drama around coverage and MCIT, the rise of consumerism and patient payment, the funding gap for early-stage companies, and the investment appetite for AI/data-driven diagnostics and devices. Listen now to catch these valuable insights!Panelists:Carter McNabb, Managing Director, River Cities Capital FundsDarshana Zaveri, Managing Partner, Catalyst Health VenturesJustin Klein, MD, JD, Co-Founder & Managing Partner, Vensana CapitalTara Butler, MD, Managing Director, Ascension Ventures

    Episode 162: Bernie Haffey on Cutting Through to High Performance

    Play Episode Listen Later Sep 22, 2021 67:29


    Bernie Haffey started his career as a high school physics teacher, then decided to go to business school. He remained interested in science and technology though, so he started working in the medtech industry at Hewlett-Packard's Medical Products Group before transferring to Mentor Corp. After rising in the ranks at Mentor, Bernie then joined Summit Technology, where he was first exposed to the concept of high-performance management systems. He learned about the importance of a clear vision (and vision statement), the value of a mission statement and how it differs from a vision, and the benefit of narrowing a multitude of initiatives down to the vital few that focus on true breakthrough opportunities. After over two decades of experience as a senior leader at Summit, Intralase, NDO Surgical, and Nexis Vision, Bernie decided to return to his roots, found a consulting firm focused on high-performance management systems, and start teaching management science. In this interview with host Geoff Pardo, Bernie shares many of the critical aspects, decision points, and challenges of high-performance management systems, including how to balance voices of the customer, shareholder, and employee; the importance of a strong operational team who can carry out a new vision; the need for effective systems in addition to brilliant staff; and many of the watchouts when leading change in an organization.

    Episode 161: Amar Sawhney on Finding the Right Chemistry for Entrepreneurial Success

    Play Episode Listen Later Aug 23, 2021 65:08


    Now a seasoned medtech entrepreneur and leader, Amar Sawhney first became interested in the industry starting in graduate school. He was studying chemical engineering and developing biodegradable polymers for adhesion prevention and hydrogels for light-activated polymerization within the body. He and his advisor were then approached by Mayfield Fund to spin out the technology into the startup Focal. Amar was fortunate to learn a lot from then CEO Mark Levin, including some hard lessons that drove him and Fred Khosravi to found Incept, an IP holding company for creating operating companies based on field of use. As CEO/Founder of Confluent Surgical, AccessClosure, Augmenix, Ocular Therapeutix, and now Instylla, Amar learned how to transition from scientist to executive and is truly a medtech influencer. In this interview with host Geoff Pardo, Amar shares many of the valuable lessons he's learned founding and managing various startups, including how to find the right application for a technology, when a platform solution really makes sense, how to effectively lead and build successful teams, the value of a diverse workforce, and tips for overcoming the funding gap for early-stage companies, plus his candid thoughts on the differences in funding/entrepreneurship between the East and West coasts.Amarpreet (Amar) Sawhney, Ph.D., is the Founder, Chief Executive Officer and Chairman of the Board of Directors of Instylla. He is also the CEO of Pramand LLC, and Rejoni, Inc. Prior to this Dr. Sawhney served as CEO and Chairman of Augmenix (acquired by Boston Scientific) and Ocular Therapeutix (NASDAQ: OCUL). In addition, he is a general partner of Incept, LLC, an intellectual property holding company. Previously, Dr. Sawhney founded Confluent Surgical and served as its President and CEO prior to its acquisition by Covidien plc. He also was a technology founder of Focal, Inc., a biopharmaceutical company acquired by Genzyme Corporation, and a founder of AccessClosure, Inc., acquired by Cardinal Health. Dr. Sawhney's innovations are the subject of over 120 issued and pending patents. He holds M.S. and Ph.D. degrees in chemical engineering from the University of Texas at Austin, as well as a B.Tech. in chemical engineering from the Indian Institute of Technology, Delhi India.

    Episode 160: Securing Coverage and Payment for Your Innovative Medical Device: Advice from the Experts

    Play Episode Listen Later Jul 19, 2021 64:46


    Navigating the ever-changing sea of medtech reimbursement is never easy, particularly with the recent swings in policies pertaining to breakthrough devices. As part of the continued Medtech Talk Digital Discussion Series, host Geoff Pardo moderates a panel interview with three medtech reimbursement experts to look at strategies for obtaining reimbursement coding, coverage, and payment: Mary Hailey, CCM, CDMS, Vice President Health Economics and Reimbursement, Relievant Medsystems, Inc.; DeChane Dorsey, JD, Executive Director of AdvaMed Accel, AdvaMed; and David Gregory, Principal, Healthcare & Life Sciences Consulting Leader, Baker Tilly. The panel discusses coding and payment issues that are particularly pertinent to small/mid-sized companies; the impact of recent changes to accommodate breakthrough devices, including MCIT, Add-On payment, NTAP, and TPT; CMS's approach to handling issues/questions and how to best work with the agency; thinking wholistically about bringing your product to market (more than just FDA approval); and the influence of advocacy efforts by physician specialty societies on coding and payments. Listen now to catch these valuable insights!Mary Hailey, CCM, CDMS, Vice President Health Economics and Reimbursement, Relievant Medsystems, Inc. DeChane Dorsey, JD, Executive Director of AdvaMed Accel, AdvaMed David Gregory, Principal, Healthcare & Life Sciences Consulting Leader, Baker Tilly

    Episode 159: Lessons from Medtech Leader and Mentor Joe Mandato

    Play Episode Listen Later Jun 15, 2021 60:20


    There's nothing like those pivotal moments of a startup that lead to it becoming wildly successful. The excitement as the company's first product begins to earn market share and attention from additional investors or acquirers. This month's podcast guest Joe Mandato has been in that situation with several successful startups turned corporations, including Guidant Corporation, Origin Medical Systems (predecessor of Intuitive Surgical), and Align Technology (maker of InvisAlign), as well as leading Tear Science and iOptics Research. Joe has learned a lot about leadership throughout these endeavors and his doctoral research on the effectiveness of corporate governance. He's seen firsthand the importance of understanding where leaders can contribute and where they need help; switching from the “wrong” application to the “right” one; having technological innovation at root, but the right business model innovation and culture to achieve to success; and maximizing boards of directors. After many decades in the industry, Joe is truly a medtech mentor. In this interview with host Geoff Pardo, Joe shares many of the valuable lessons he's learned working with various startups, how to shift from being an operator to an investor, how to best leverage boards and board meetings, and his suggestions for changes in the healthcare system and opportunities coming out of COVID.Joe Mandato holds a Doctor of Business Administration degree from Case Western Reserve University, where his research focused on the evolving role of boards in ensuring effective corporate governance. He was a 2011-2012 Fellow of Harvard University's Advanced Leadership Initiative and served as Co-Chair of Harvard's Advanced Leadership Coalition. He is a Managing Director at DeNovo Ventures, Senior Advisor at Apercen Partners and Sonder Capital and Lecturer at Stanford University. He has served on more than 20 public and private boards of directors focused on technology and the life sciences. He also serves on the boards of Case Western Reserve University, Headstart and Save the Children. He was an investor, board member and advisor to the founders of Align Technologies (Invisalign) and has served as CEO of five life sciences companies, which created significant shareholder value. He was a member of the founding management committee of Guidant Corporation (NYSE) and was an entrepreneur-in-residence at Mayfield Fund, a Silicon Valley venture fund. He has authored or co-authored numerous articles on healthcare and governance and the book The Entrepreneur's Journey.

    Episode 158: Now Hear This: Christian Gormsen on Breaking Convention in the Hearing Industry at Eargo

    Play Episode Listen Later Apr 22, 2021 70:57


    Like many entrepreneurs, Christian Gormsen admits he didn’t start his career with a passion for his current field. Instead, he backed into the hearing industry from his work in investment banking and consulting, and eventually wound up working at the world's 4th largest hearing aid company. Christian realized just how stigmatized hearing aids are and became determined to address this. In 2012, he was first connected to Eargo while doing advisory work. Unlike other traditional hearing aids, Eargo’s products are basically invisible, comfortable, rechargeable, removable, and sold directly to consumers rather than via physicians. After being a board member for about 3 years, Christian was asked to lead Eargo as CEO through a challenging time in 2016, and by the end of 2017, he had achieved a four-fold increase in sales and the company has since gone public. In this interview with host Geoff Pardo, Christian shares his story of entering the hearing industry and then joining Eargo, various unique aspects about the company compared to traditional hearing aid manufacturers that have led to their success, achieving cognitive diversity via cultural diversity, and the effect on the company’s personnel after its recent transition to being public.

    Episode 157: Success nVisioned, Surbhi Sarna’s Story

    Play Episode Listen Later Mar 15, 2021 59:35


    After passing out from extremely painful complex ovarian cists at age 13, Surbhi Sarna became all too familiar with the challenges and lack of adequate solutions for women’s health. Benefiting from intelligent and entrepreneurial parents, she became so determined to start a company to tackle women’s health issues someday that she wrote it in her college application personal statement. After graduating from UC Berkely, she went to Abbott Vascular to work on some of their most innovative products before transitioning to BioCardia for more of a startup culture. While at both places, she continued to read papers about women’s health, and after she lost her grandmother to breast cancer, she decided to take her leap of faith and start nVision Medical. In this interview with host Geoff Pardo, Surbhi shares her story of founding and leading nVision, including securing a very challenging first funding round, transitioning from being an engineer to a woman CEO, negotiating the company’s eventual exit, and staying onboard to support the product’s further development as part of Boston Scientific. Here all this plus Surbhi’s thoughts on the changing landscape of women’s health and what’s next for her.

    Episode 156: How Medtech Can Sustain its Momentum in 2021: Strategies for Successful Investment

    Play Episode Listen Later Feb 22, 2021 67:19


    Despite the pandemic, 2020 was a successful year for medtech. The industry reaped the fruits of over a decade of concerted effort to reduce regulatory hurdles, work better with hospitals and diagnostic companies, and increase innovation. As part of the continued Medtech Talk Digital Discussion Series, host Geoff Pardo teams up with Justin Klein to co-moderate a panel interview with three medtech investment experts to recap 2020 and look to strategies for 2021: Scott Whitaker, President and CEO, AdvaMed; Mark Deem, Venture Partner, Lightstone Ventures; Managing Partner, The Foundry, LLC; and Rachel Jonas, Vice President and Investment Analyst, T. Rowe Price. The panel discusses challenges, watchouts, and opportunities for 2021; the continually evolving reimbursement landscape; the need to and how to encourage more early stage investing; public funding and whether the medtech IPO window will persist; where to invest next; and what new administration and policy issues to watch out for. Listen now to catch these valuable insights!

    Episode 155: Inari Medical: Clot Warriors—Changing the Paradigm in DVT and Pulmonary Embolism

    Play Episode Listen Later Dec 10, 2020 63:12


    Inari Medical is a 2020 success story. The company was one of the first medtech companies to IPO during the pandemic. As part of the new Medtech Talk Digital Discussion Series, host Geoff Pardo had a chance to conduct a panel interview with four members of the Inari management team: Bill Hoffman, CEO; Drew Hykes, CCO; Thomas Tu, MD, CMO; and Tara Dunn, Vice President of Clinical Affairs and Market Development. The team discussed their unique culture, strong mission, early success, sales strategy and many other topics, including advice from Bill to other entrepreneurs who are considering going public, reflections from Tom on the transition from being a physician to the business world, benchmarking from Drew on how this experience compares to other ventures he has been in, and comparisons from Tara on the difference between working for a big company vs. a smaller company. Tune in now to hear from one of medtech’s most promising companies!

    Episode 154: Medtech Goes Virtual at Osso VR

    Play Episode Listen Later Nov 19, 2020 50:22


    After an ill family member introduced Justin Barad to the world of healthcare, he decided to earn a bioengineering degree, then an MD, and eventually specialized in pediatric orthopaedics. However, Justin later opted to combine his surgical skills with his passion for software and gaming to take on a new challenge: the training of surgeons. He decided to switch from academic medicine and start Osso VR in 2016, and now the company has grown to over 60 employees serving 20 countries with over 70 procedures loaded on the platform. In this interview with host Geoff Pardo, Justin shares his view on the challenges of surgical training, how Osso VR’s virtual surgical training procedures can be used to both train and assess surgeons remotely, his transition from clinician to CEO, his experience fundraising as a new entrepreneur, and advice for other surgeons considering entrepreneurial endeavors.

    Episode 153: Stimulating Confidence by Solving Incontinence

    Play Episode Listen Later Nov 2, 2020 56:32


    After 20+ years as an academic physician, Karen Noblett was presented with a new opportunity: join Axonics as the company’s CMO. Originally, she was concerned about what her peers would think, as she had established a reputation of being ethically involved with industry and did not want to compromise that. Ultimately, she decided this presented a pathway to improving patient treatments and outcomes on a broader scale, so she accepted the position and has enjoyed the experience ever since. From helping the team build the final product to overseeing clinical trials to experiencing an IPO and finally to a successful commercial launch, Karen learned a great deal about the medical device industry. In this interview with host Geoff Pardo, Karen shares informative background on the physiology of overactive bladder and the various treatments available, including Axonic’s sacral neuromodulation device (a so called “bladder pacemaker”); recounts her transition from academia to industry; and reflects on some of her most influential mentors and how they affected her own leadership style.

    Episode 152: Stomping out Diabetic Foot Ulcers at Podimetrics

    Play Episode Listen Later Aug 27, 2020 64:52


    Jon Bloom admits that his path to becoming a CEO was anything but linear. Originally a percussionist, Jon then found a calling for medicine and became a board-certified physician before pivoting once more to entrepreneurship. Now holding the reigns at Podimetrics, a company developing an early warning system for diabetic foot ulcers, Jon shares not only his unique career progression, but the story of how a hackathon led to the company’s inception, when to commercialize a new technology, tips for working the VA, and the revolution of telehealth during this current time.

    Episode 151: Breaking Through at CVRx

    Play Episode Listen Later Jul 30, 2020 66:52


    From senior leadership positions at GE Healthcare and Medtronic to board chairman at MDIC and AdvaMed, Nadim is a seasoned medtech executive who is passionate about the industry. Now at the helm of CVRx, a company developing a pioneering technology for treating high blood pressure and heart failure, Nadim shares his experience navigating the FDA’s first Breakthrough Device Designation, working with CMS on reimbursement coding, and building CVRx’s strong leadership team

    Episode 150: Edwards' Katie Szyman on Medtech's Accelerating Changes, Leadership Development and Having Fun

    Play Episode Listen Later Jul 9, 2020 55:59


    Katie Szyman is an accomplished global operating executive in the medical device industry with a passion for building high performing teams and helping innovative healthcare companies grow so patients can gain access to better therapies and outcomes. Here she shares how Edwards, critical care, and the medtech industry is adapting to COVID19, her leadership role models, and tips for expanding diversity on leadership teams and executive boards.

    Episode 149: Ethical Leadership, Corporate Responsibility, and the Transformative Power of Yoga

    Play Episode Listen Later Jun 5, 2020 54:27


    Mike Huggins is a leader in the medtech world whose journey from Synthes, USA COO to an indictment and prison sentence has run parallel to his discovery of yoga, mindfulness, and meditation, weaving together these experiences that have developed his passion for ethical leadership, corporate responsibility, prison reform, and the practices that have helped him along the way.

    Episode 148: Kaiser Permanente’s Liz Rockett on Her VC Career and Gender Inequality in the Industry

    Play Episode Listen Later May 21, 2020 52:57


    As an English Major at Princeton, Liz Rockett could not have imagined how her VC career would take off and the places it would take her. She shares her candid career journey, from taking risks, asking questions, and using her voice to empower gender equality in the field.

    Episode 147: Leadership and Innovation to Combat a Global Pandemic

    Play Episode Listen Later May 7, 2020 49:32


    Butterfly Network CEO Laurent Faracci shares his experience leading a company through the Coronavirus outbreak, while producing lifesaving technology to battle the crisis. Laurent joined Butterfly as the Coronavirus spread to a global pandemic level, but he isn’t slowing down. Under his leadership, Butterfly continues to grow as their cutting-edge ultrasound technology proves itself a leading advancement in the fight against the Coronavirus in a time where leadership and innovation are essential to the future of healthcare.

    Episode 146: Vapotherm CEO Joe Army: Wisdom from the Northern Kingdom to the Board Room and Beyond

    Play Episode Listen Later Apr 22, 2020 57:24


    Joe Army’s career journey through the medtech industry has been anything but easy, but he does not back down from a challenge, and he’s sharing the greatest lessons that have helped him pave his own way.

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