Customer Needs Assessment: Is There a Market for Your Technology?
Thursday, April 17, 2008, 6:00 – 8:30 p.m.

Deloitte & Touche Tech-Venture Center
Bay Colony Corporate Center
1000 Winter Street, Suite 2000
Waltham, Mass.
Click here for directions

Many medtech entrepreneurs have had their hopes dashed by a lukewarm or nonexistent customer response. The unique challenges of convincing healthcare providers to adopt new standards of care and the intricacies of obtaining reimbursement for new technologies can hinder a medtech company's development, if not end it altogether. Demonstrating that your technology serves an unmet market need will help you hire top-quality employees, c onvince directors and scientific advisors to champion your cause, and make your company a desirable target for investment and/or acquisition.

So, how do you ensure that you aren't developing a "technology in search of a solution?" This workshop will provide entrepreneurs with key strategies for evaluating and understanding customer needs in the healthcare marketplace. Attendees will learn how to:

  • Identify and measure a sustainable market opportunity
  • Apply different tools of customer needs assessment (data collection, interviews, competitive analysis)
  • Develop an effective business case
  • Create value for their enterprise

Agenda

6:00 - 6:30 p.m. Networking Reception
6:30 - 7:30 p.m. Understanding Customer Needs Assessment
Maria Shepherd, Principal
Data Decision Group
Maria has more than 20 years of leadership experience in medical device marketing in small start-ups and top-tier companies, including Philips Medical and Oridion Medical.
7:30 - 8:30 p.m. Building a Company Around Unmet Market Needs: Two Case Studies
Doug P. Adams, Chief Executive Officer and Founder
SOLX, Inc.
MedTech IGNITE Coach
A serial entrepreneur, Doug has built and sold four medtech companies. Doug became CEO of SOLX on December 19, 2007, with the acquisition of SOLX from OccuLogix, a company he originally founded in 2000.


Admission to this program is $25. Click here to register online. Questions? Please call Laura Allen at MassMEDIC (617 414-1341).


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