Orthopaedic Innovation: From Inspiration to the OR (2021 Annual Meeting)-Questions and Answers: Orthopaedic Innovation: From Inspiration to the OR

Questions and Answers: Orthopaedic Innovation: From Inspiration to the OR

Video Transcription

Video Summary

The video transcript features a panel discussion on the process of determining when to exit a company. The participants, Nat and Steve, discuss their experiences with exiting their companies and the factors that influenced their decisions. Nat mentions that market readiness, obtaining regulatory clearances, and market adoption are important considerations. Steve emphasizes that one should exit when a good deal is offered and mentions the importance of timing. The participants also discuss the challenges and sacrifices involved in entrepreneurship and the need for balancing different aspects of their professional lives. Nat and Steve share their experiences with finding partners and the importance of networking and finding the right people to work with. They also highlight the excitement and engagement that comes from working on something they are passionate about. The panel concludes with a discussion on how the field has evolved and the potential for guidance and support programs for surgeons entering entrepreneurship.

Asset Caption

Nathaniel Cohen, MD; Stewart Gitler, JD; Stephen Gunther, MD; Michael Havig, MD; Raymond Thal, MD

Keywords

exit strategy

market readiness

regulatory clearances

good deal

timing