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Disrupting Fixed Structures in Medical Technology with Margaret Magdesian of Ananda Devices
Manage episode 375193142 series 2952108
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“The advantage of our technology is that we can support and predict if a certain medication will work for the patient or not.” — Margaret Magdesian, Ananda Devices
In this episode
Hear from Margaret Magdesian, founder of Ananda Devices. Margaret joins Coralus Development Guide MJ Ryan to discuss her background as a biochemist and pharmacologist, the path that led her to start Ananda, and her invention, which makes testing medications neurological diseases possible by creating a model of the human nervous system on a chip. They also discuss Margaret's experience in the Coralus community and celebrate the repayment of her Venture loan.
They also discuss:
- How this innovation reduces animal testing and delivers better medications to patients
- Getting her first contracts with cosmetics companies (L'Oreal)
- Experiences in Silicon Valley and fighting for a seat at the table
- Getting a contract with the FDA to become the gold standard for drug testing
- Her advice for people who are thinking of starting a business
- The challenges of disrupting structures that are very fixed
- Reflections from the Coralus PEI retreat this past June
Take action with Margaret and Ananda Devices on LinkedIn, Facebook, Instagram, and Twitter.
We invite you to join us as an Activator.
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