Innovation is the lifeblood of medical advancement and the key to raising the bar for patient care. Yet the traditional process for medical innovation in the US is fraught with obstacles that hinder development of new ideas, including:
Skyrocketing costs
Complicated regulations and bureaucracy
Inertia in the academic environment
Lack of mentorship
Difficulty obtaining financing
Pressure to go offshore
That's why Dr. Thomas J. Fogarty, a preeminent physician innovator, founded this educational, nonprofit organization in 2007.
Dr. Fogarty ascribes to the simple philosophy that "there has to be a better way." In addition to spurring his success as an innovator, this belief also inspired him to transform the very process for bringing ideas to fruition through the creation of the Fogarty Institute for Innovation. Here at the Fogarty Institute for Innovation, we build upon Dr. Fogarty’s experience to provide a streamlined path for entrepreneurial innovators working on promising new medical therapies. We offer mentorship at every step of the process, providing access to expert intellectual, physical, and financial resources to propel medical concepts from initiation to application.
Skyrocketing costs
Complicated regulations and bureaucracy
Inertia in the academic environment
Lack of mentorship
Difficulty obtaining financing
Pressure to go offshore
That's why Dr. Thomas J. Fogarty, a preeminent physician innovator, founded this educational, nonprofit organization in 2007.
Dr. Fogarty ascribes to the simple philosophy that "there has to be a better way." In addition to spurring his success as an innovator, this belief also inspired him to transform the very process for bringing ideas to fruition through the creation of the Fogarty Institute for Innovation. Here at the Fogarty Institute for Innovation, we build upon Dr. Fogarty’s experience to provide a streamlined path for entrepreneurial innovators working on promising new medical therapies. We offer mentorship at every step of the process, providing access to expert intellectual, physical, and financial resources to propel medical concepts from initiation to application.
Location: United States, California, Mountain View
Phone:(650) 962-4560
Investment Type: Accelerator
Portfolio 8
| Date | Name | Website | Total Raised | Location |
| - | Chronus He... | chronushealth.com | $22M | United Sta... |
| - | Healyx Lab... | healyxlabs.com | - | - |
| - | iDentical | identicalimplant.com | - | United Sta... |
| - | G-Tech Med... | gtechmedical.com | $350K | United Sta... |
| - | Materna Me... | maternamedical.com | $47M | United Sta... |
| - | Voyant | voyant.health | - | United Sta... |
| - | Enspectra ... | enspectrahealth.com | $4M | - |
| - | Radial Med... | radialmedical.com | - | - |
Mentions in press and media 18
| Date | Title | Description |
| 05.06.2018 | The convergence of the technology and medical device industries is no longer a practical impossibility | I was at the Minneapolis Medtech Conference and sitting in the audience watching a panel prior to mine. Now let me add that the panel I was there to moderate was about how artificial intelligence and data are changing the medtech world, whi... |
| 15.09.2015 | Fogarty Institute: Hey medtech startups, FDA is your friend | To remove a conflict of interest, the Fogarty Institute matched the FDA staffers up with device companies that they wouldn’t normally review. From there, the FDA review team would have in-depth discussions with the startups, coaching them o... |
| 28.07.2015 | Fogarty Institute focuses on women’s health, launches 3 new startups | Igantia Therapeutics: Developing a medical device using digital technology to study and treat issues related to menopause like hot flashes. Marz Medical: Developing a tissue expansion technology that reduces pain and recovery time for breas... |
| 23.07.2015 | Morning Read: $48B Anthem-Cigna deal coming, Campbell’s says no more MSG, no GMOs in soups | LIFE SCIENCES A new “smart” drug has been developed by Ben-Gurion University of the Negev (BGU) and University of Colorado researchers to target inflammation at the source, which could help the body fight infection. The uniqueness of a new ... |
| 11.06.2014 | G-Tech Medical gets $350,000 to further develop wearable "EKG for the gut" sensor | Palo Alto, California-based G-Tech Medical, which is developing a wearable, disposable sensor patch for patients with gastrointestinal problems, has received funding from investor Peter Thiel's nonprofit fund, Breakout Labs. The grant was f... |
| 18.09.2013 | Could this device lead to shorter labor and delivery + become childbirth standard of care? | “This can be if it works and provides all these benefits, it could become the standard of care for childbirth,” Juravic said. In theory, it would make the job of childbirth easier on the mother and the physician or midwife. The device itsel... |
| 29.08.2013 | One startup’s quest: Standardize neonatal resuscitations, guide physicians through crisis events | Inspired by his time as a practitioner delivering babies in ICU, as well as his firm belief in Atul Gawande’s The Checklist Manifesto, Coelho created NeoCue. It’s part hardware, part software, and monitors vitals then pushes them through a ... |
| 22.08.2013 | California startup creates less invasive device that aims to answer advanced fetal monitoring questions | The startup has tested the device in Europe, redesigned a prototype based on that feedback, was accepted (and moved in) to the incubator at the Fogarty Innovation Institute earlier this year, has earned several patents and should have its f... |
| 14.08.2013 | California non-profit picks up new class of startups hoping to (finally) transform women’s health | The other one, Prescient Surgical, has two buzz words associated with it: readmissions and wound healing. Fyfe said the woundcare field is growing quickly, especially for those products intended to reduce hospital-acquired infections (in th... |
| 29.01.2013 | The “don’ts” of pitching a new technology, according to Dr. Thomas Fogarty | By Fletcher Wilson This article is an excerpt from a blog post originally published on biodesignalumni.com When Dr. Thomas Fogarty is in the office, he holds meetings all day long. Not unlike the President, he is briefed moments before ever... |
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