Innovations, Insights from Seasoned Venture Capitalist Maurizio Vecchione | 10x San Diego 2022
Автор: MedicalMarcom
Загружено: 2023-02-14
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https://medicaldeviceevents.com/medic... for the slides and transcript. Chief Innovation Officer, Terasaki Institute for Biomedical Innovation (TIBI), Maurizio Vecchione.
At the 10x Medical Device Conference in May 2022, Maurizio began,
It’s actually part of the Gates Foundation, and it uses a standard methodology to create stochastic statistical models that would predict the impact of a device that does not yet exist or an intervention that does not yet exist on a particular country against either seasonal or other factors relating to the disease.
This happens to be Madagascar. It’s simulating the presence of malaria and the impact on malaria on a new intervention relating to a next generation of mosquito bed net, and it’s a very simplistic, it’s a very simple problem, but this allows somebody designing an intervention or designing a product or designing to essentially simulate, using these kind of impact metrics, what is the likely impact that they’ll have? And at the Gates Foundation, these types of techniques are used to actually decide what to invest in, and so I’m telling you that because this is becoming now mainstream.
These kinds of approaches are becoming mainstream, not only in public policy but in in investment circles. So, I run a venture capital fund as an example, and we’re using the same exact techniques to pick the problems we’re going to be backing.
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