MITEF Inception to Acquisition Success Story

MITEF Inception to Acquisition Success Story — InstruMed, Inc.

by on Friday, April 29th, 2011 | No Comments

In 2007, a medical device company named InstruMed, Inc. was acquired by global giant Stryker Corporation. InstruMed's success in developing and commercializing its SmartPump system in this intensely competitive market had made it a strategic acquisition target. InstruMed had successfully established itself while displacing an entrenched and dominating competitor that had enjoyed a 95% market share. Join us on April 7th for our last VLab of the season to learn how entrepreneur Michael E. Hovanes planned, funded, and operated his company profitably all the way to a successful exit. During this case study, you will get the hands-on information you need to ensure the success of YOUR business, including how to: Translate market vision into winning products without VC investment Establish your competitive advantage quickly, using strategic marketing techniques Self-fund, supporting expansion via revenue growth Sell your company without investment bankers Negotiate an acquisition with an industry giant acting from a position of strength This event will be relevant to entrepreneurs from ALL industries, not just those in the medical field. Speakers Michael E. Hovanes, Former President & CEO, InstruMed, Inc. / Currently serving as Board Member and Chairman with selected companies Joseph P. Whitford, Partner & Co-chair, Life Sciences Practice, Davis Wright Tremaine (represented the company during the acquisition)

Duration: 00:09:24 Rating: