zomg
Joined 15 years ago
Joined 15 years ago
Same for me. I've been in the medical device industry for 15+ years now and came from "tech". What a lot of techies under/don't appreciate is that the medical device industry is heavily regulated and moves at a muuuch slower pace than other technologies.
There are lots of regulatory and quality/testing hurdles that you must clear (namely verification and validation testing, in addition to your 510(k) clearance or approval, if PMA) before you can market and sell your device.
I tell customers, on average, a Class II medical device project can take 18-24 months and cost $3M to 4M, minimum.
25 years later, jerry thinks the company has lost its independence? the independence was lost before the ink dried on the sales agreement. unilever never cared about their social mission, period. they've been "dealing" with it since the acquisition.
why not take the sale proceeds and pursue other social missions? btw, phish food is my favorite flavor! <3
* https://www.healio.com/news/pulmonology/20250518/platform-li...