Medical professionals, along with brilliant minds in science and technology, are creating innovative new devices and procedures to maintain high standards of patient care. Although the process requires a significant investment in time, resources, and money, the potential benefits of successful innovation are enormous.
In today's episode, Tommy talks with Jay Yadav, Founder and CEO of MiRus. Jay has a long history of innovation and commercialization of novel technologies focused on developing new treatments for diseases. As an interventional cardiologist and founder of several successful companies, Jay is on a mission to develop medical devices and procedures that can benefit the average person.
Jay talks with Tommy about the dramatic revolution in angioplasty, his significant contributions to stroke, heart failure, and biotech innovations for implantable devices, and his vision for the future of medicine.
Key Takeaways
[01:00] - How Jay got into the medical field.
[03:56] - What inspired Jay to specialize in cardiology and focus on stroke.
[06:36] - Why Jay decided to start his own company.
[11:43] - What's next after Jay's medical breakthrough.
[17:16] - Other medical solutions Jay pays attention to.
[27:35] - Why Jay’s team is working to develop less invasive angioplasty techniques.
[29:32] - Jay’s advice to entrepreneurs who want to build scalable businesses.
Quotes
[06:55] - "Because I created a new approach to fixing the arteries going through their brain and in the brain, it needed some new solutions and new devices that didn't exist. And I tried to get people and the big companies to make them." ~ Jay Yadav
[11:24] - "Getting to guideline therapy and medicine takes a long time and much evidence because medicine is naturally conservative. We want to ensure that ideas have been tested rigorously and there's lots of data supporting them before we make it a guideline recommendation." ~ Jay Yadav
[12:03] - "I didn't go into medicine with a monetary goal. It was really to do something useful with the moral ability I'd been given to apply to things that can help the average person." ~ Jay Yadav
[16:46] - "Heart failure is our largest public health problem. It is the single most common serious problem that hospitalizes and kills people." ~ Jay Yadav
Links
Jay Yadav on LinkedIn
MiRus
Johnson & Johnson
Boston Scientific
Georgia Tech
Abbott
Medtronic
Edwards Lifesciences
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Mammoth
Tommy on LinkedIn
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