Int'l Commercialization Growth Partners

The Wall Street Times - March 4, 2025 ?? Effective Commercialization: The Art That Keeps Businesses Thriving ?? The Alarming Reality The statistics are sobering: according to the United States Small Business Administration, up to 55% of companies close their doors within five years of launching a product or service, and an even more staggering 72%-77% of healthcare technology companies fail to reach their tenth anniversary. As the Harvard Business Review reported, these figures highlight a critical gap in commercialization effectiveness, with less than 2% of C-suite and VP executives able to articulate a precise customer acquisition and adoption strategy. ↘? Read more: Link to the article in the comments... #gotomarket #gotomarketstrategy #commercialstrategy #commercialization #commercial #productlaunch #sales #marketing #customeradoption #customerattraction #yahoofinance #wallstreettimes #privateequity #venturecapital #investor #foxbusiness #cnbc #wsj

??? #Startups face the dual challenge of navigating complex #regulatory environments while striving for swift #growth and market entry. The key to overcoming these challenges lies in building a network of expert partners who can provide critical guidance and resources. ?? ?? At MedTech Malta 2024, the Sacra Infermeria stage will host the panel discussion "Choosing Your Expert Partners for Startup Growth." Meet the industry leaders who will share their expertise on forging impactful partnerships that are crucial for startup success: 1?? Anamaria Magri Pantea, Founder & Managing Consultant at https://lnkd.in/d8P7XBDa 2?? Craig T. Ingram, Commercialization Strategy & Growth Advisor at Int'l Commercialization Growth Partners 3?? Reinhard Meier, MD MBA, Founder and Managing Partner at YZR Capital. 4?? Stefanie Scheurer, CEO of Scheurer Medtech & Healthcare Consulting. 4?? Dave Hood, President & CEO of DH3 & Associates. We’re excited to explore these vital topics and connect on strategies that can impact positively the future of the MedTech industry. ?? Interested in being part of #MedTechMalta2024 from Nov 6-8 in #Valletta, Malta? https://lnkd.in/ecAWE5V2 ? Supported by: Lifeblood, Malta Enterprise, VisitMalta Incentives & Meetings, Malta Digital Innovation Authority, Ministry for Health and Active Ageing, Government of Malta.

If you are a healthcare venture capital firm, healthcare private equity firm, medical technology innovator or incubator, or....medical/healthcare technology startup or mid-stage growth company, you will want to join us November 6-8, 2024.? ?? Here is a discounted code to take advantage..... for 150€ off on any additional Premium or Platinum tickets:? ?? MTWMaltaCraigIngram150Off #medicaltechnology #medtech #healthtech #medicalinnovation #healthcareinnovation #tmci #surgicaltechnology #austinmedtechconnect #vc #venturecapital #himss #medicaldevice #digitalhealth #innovation

Why is it so many well funded startups still find it difficult to find business and financial success? ?? 33 Million registered companies in the U.S. with 500 or less employees.... ?? Only 7% of those companies ever achieve $1Million in annual revenue.... ?? Only 4% of the 7% of those companies ever achieve $10 Million in annual revenue.... ?? There are only 3,007 companies worldwide that achieves $1 billion in annual revenue ?? 38-41% are ever profitable in a given year.... ?? 50-55% of companies shut their doors within 5 years of commercialization.... ? "Are you still confident you don't need a partner like International Commercialization Growth Partners to refine your medical or healthcare technology company's commercialization strategy? Our expertise can help identify and address gaps and deficiencies in your plan, ultimately leading to more paying customers and greater financial success." #failure #success #startup #scarystatistics #entrepreneuers #medtech #digitalhealth #himss #startup #vc #ceo #healthcareinnovation

Always nice to have Yahoo Finance conduct an interview and publish article on commercialization effectiveness for MedTech & HealthTech industry. #medtech #pharma #biotech #commercialstrategy #gotomarket #executive #himms #vc #venturecapital #healthtech #medicaldevice #commercialization

Leading, managing and operating a desired profitable business is much like this photo. Trying to create and manage the commercialization strategy, is like trying to drive a vehicle in a rainstorm with the windshield wipers only working intermittently. It is virtually impossible (without a trained eye) to identify, uncover, and eradicate the Kryptonite (hidden deficiencies and gaps) in a company's commercialization processes and strategies. The market is always changing and adjusting, and that is why 68% of companies do not meet their annual forecast objectives. (Webwire.com & Forbes) ?? DM or click the link to talk to us about how to identify, uncover, and eradicate the Kryptonite out of your business. ?? #healthcaretechnology hashtag #medtech hashtag #biotech hashtag #pharmaceutical hashtag #digitalhealth hashtag #healthcareinnovation

75% of MedTech and HealthTech Businesses Fail Assuming that the technology is sound, 75% of business failures are caused by either poor market understanding, or the inability to manufacture quality products in a timely manner. Therefore, good reproducible technology is only one of several critical elements required for successful commercialization. As indicated above, marketing and manufacturing are additional elements that are not only required, but required early in the product-development cycle. Several other elements are important to the implementation process, including funding, sales, manufacturing engineering, and the team itself. In many ways commercialization is like a political campaign: the engine is often the funding that drives the product toward a successful conclusion. Sometimes the market input will drive the technology. Often, as technology evolves, market input is needed early in the evolution process to adjust to market needs. Funding allows the technology to be developed, the market input to be generated, and the sales and manufacturing structure to be devised and implemented. Many companies start on a shoestring budget with little or no initial funding. We hear of fantastic successes when these companies rise to great heights from very humble beginnings. However, the vast number of companies that fall by the wayside is often played down. The takeaway here is that thinking about commercialization very early during the process of product formation significantly increases the probability of successful market entry, where a key element of success is getting the proper funding. Having a comprehensive plan and an understanding and commitment to commercialization concepts significantly reduces the risk for the investor. by D. Krohn #sales?#commercialization?#business?#medtech?#healthtech?#himms

When you choose to use The Bridge Strategy Blueprint, your C-Suite team will be singing…. “No More Tears!” #commercialization #forecastachievement #goalsmet #ebitda #medtech #digitalhealth #himms

Unfortunately this is what “sells”…..