TiE Boston organized an informative panel of industry and academic experts  on smart medical devices on April 1, 2010  at Foley Hoag Emerging Enterprise Center, Waltham, MA.  The session was filled with interesting and entertaining demos showcasing some of the cutting edge products.   The panel was organized by Anupendra Sharma,  Investment Partner, Medical Fund, Siemens Venture Capital, Inc. and Tushneem Dharmagadda,  Co-Chair, Special Interest Groups at The Indus Entrepreneurs, Inc.  Sharma’s blog  at  http://anupendra.blogspot.com/2010/04/smart-medical-devices-panel.html  and Dharmagadda’s blog at http://tushneem.wordpress.com/2010/04/02/takeaways-smart-medical-devices/  do an excellent job summarizing the takeaways from the session.

The panelists included:

John Brooks, Founder, Prism Ventureworks &, CEO, Reflectance Medical
Robert Farra, Vice President, Research & Development, MicroCHIPS Inc.
Sridhar Iyengar, CTO, Agamatrix, Inc.
Cory Kidd, CEO & Founder, Intuitive Automata Inc.
Tom O Dwyer, Director, Healthcare, Analog Devices Inc.
Rahul Sarpeshkar, Innovator & Associate Professor, MIT
Startup Showcase: Yogendra Jain, Senticare

“Smart Medical Devices” are the new type of medical devices that sense key medical  parameters, such as blood pressure,  blood sugar, cholesterol, which are important  for clinicians, analyze these data and may implement results. The implementation may be clinical guidance, taking necessary action for instance delivering medicine or sending message to caretaker.   While a few devices are already in the market there is tremendous opportunity for innovation and entrepreneurship.

Anupendra Sharma placed these devices into six categories; non-invasive sensors, invasive/implantable and programmable sensors, robots, home health, hospital equipment, and smart phones.   

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