How to build a successful culture in a medical startup - learning through failures.-Salmaan Hameed-01/20/2015 - 8:30am

Event Information
Event Topic: 
How to build a successful culture in a medical startup - learning through failures.
Event Date: 
01/20/2015 - 8:30am
Event Location: 
Sunnyvale City Council Chambers, 456 West Olive Ave., Sunnyvale, CA
Speaker Information
Event Speaker: 
Salmaan Hameed
Event Speaker Title: 
Event Speaker Company: 
Advantis Medical Systems
Event Speaker Bio: 

Salmaan Hameed, VP of R&D and product development, has over 20 years of experience as an entrepreneur, business developer and innovator. He has held several management positions in medical device industry including Stryker, CIRCON (Olympus), Pivot Medical (Stryker), Chest Innovations. He singularly conceptualized and developed new product lines for complete OR documentation revolutionizing the medical industry and contributing $250M to the revenue. He designed and developed the voice activated platform for the surgical endo-suite, which became a gold standard for the industry. His efforts were endorsed by MDDI (2009), “One of the most innovative product in last 30 years”. His innovative concepts which were the foundation one of the world first HD camera for Stryker led him to develop an innovative camera for EvoCam which won an award for MIT, and McKenzie business and technology competition. It was later nominated as best design product by Smithsonian for 2013. As a founding CEO for Chest Innovations, he was written up as most the upcoming medical technology for 2011 by Silicon Valley Business Journal.

Salmaan has over sixteen patents, he holds a BS (Electrical Engineering), MS (Computer Engineering) from SUNY Buffalo, University of Bridgeport; and has an MBA (strategy) from Pepperdine University.

Event Details
Event Details: 

Although colonoscopy is recognized as the gold standard for colorectal cancer detection, there still are limitations to the procedure. Even in the best hands, there is a substantial polyp miss rate seen with standard procedures. Numerous studies have been conducted to understand the reason for adenoma (likely precursor to colorectal cancer) miss rates in colonoscopy, and the average miss rate is currently 21-24%. We have developed the next generation of technology through the ‘lean’ method of product development strategies. These strategies have also helped us to learn from our failures and to pivot from our previous business model towards a more scalable approach and also a more repeatable model.