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TVG Breakfast: Succeeding at Early-Stage Investing in the Medical Device Sector

edit David P. Janes 2006-09-07 13:35 UTC add comment  ·  ·
September 13, 2006 at 07:30 AM (2 hours)

__event.__

Sam Ifergan, President & CEO of Hargan Ventures
Tom Little, CEO of VisualSonics

Sam Ifergan, President & CEO of Hargan Ventures and Tom Little, CEO of VisualSonics, will speak about their experience with building VisualSonics into the world’s leading developer of high-resolution, ultrasound-based, micro-imaging systems designed specifically for the preclinical market.

Starting with quarterly revenues of a few hundred thousand dollars in 2003, VisualSonics has experienced a 145% compounded annual growth rate, quickly reaching its current $24 million in annualized sales. Hargan Ventures founded the company in conjunction with Dr. Stuart Foster in 2001 and provided the company with an initial financing round of $1.5 million. 

Topics of discussion will include: innovative go-to-market strategies in a heavily regulated industry, attracting initial beta customers, streamlining technology R&D efforts, building a defensible IP position and patent portfolio, value-adding partnership strategies, raising follow-on rounds of financing and evaluating exit strategies.

 

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