Medical Wellness and Medical Devices: Company Building Decisions – Hosted by ABCT

The recent boom in medical technology: wearables, apps, sensors, AI and ML have led to a flurry of wellness devices. Not medical devices, wellness devices are impactful to health and expected to grow to $1.5 Trillion annually.

There are important distinctions between medical devices and wellness devices.

In simplest terms, if a device isn’t trying to cure, mitigate, or treat any disease, it’s not a classic medical device. A wellness device can monitor health-related stats or information, but it can’t make any claims regarding what that information will or won’t do in regards to treatment or diagnosis of any specific disease.

Join us to hear from ventures pursuing both wellness device designation and considering moving to FDA medical device designation and those that are pursuing medical device designation to hear how new ventures are pursuing growing opportunities and changing environments.

• How are Startups approaching wellness and medical device company building strategies?
• How does building a wellness company differ from building a medical device company
• Distribution, sales, team skills, investors and corporate partnerships will be addressed.

Speaker:

Eziah Syed, Co-Founder & CEO, Mend