Medevice was founded in 2011 by entrepreneurs from the healthcare industry and was the first Seed fund in France 100% specialized in MedTech and e-Health.
Help build sustainable and financially healthy companies with significant impact on patients' life.
Innovation and operational mentoring are the key ingredients to long term success, guaranteeing not only impact in the healthcare industry, but also financial performance, which ultimately will make sustainable companies.
We have developed an innovative methodology at two levels: strategical and operational.
Strategic mentoring is carried on by the MEDEVICE management team for the key topics to be addressed in each company we invest in:
Go to market strategy, direct/indirect distributions channel set-up, marketing strategy, pricing and positioning, commercial partnerships
New product development strategy and roadmap, IP, clinical, regulatory and market access, partnerships and KOL network management
Industrialization strategy, cost of goods optimization and profitability by design, outsourcing and key suppliers' management
Future needs analysis, recruitment of key people, coaching, setup of incentive plans
MEDEVICE also offers operational expertise through MEDEVICE ACCELERATOR:
3-year Business Plan, Controlling, follow-up and optimization of cash flow, market assessment studies, support in non-dilutive financing
Help in selecting most relevant non-dilutive financing vehicles, preparation of the dossiers, follow-up (technical & financial), French research credit calculation
Executive assistance, HR management (work contracts, training, etc.), payroll management, processing of payments, IT support, cyber security
Quality management system set-up and strategy, definition of the regulatory strategy and how to implement it, quality certification
Products designed for longer lifecycles, obsolescence management and sustainability
Manufacturing, waste management and traceability designed in accordance with existing regulations
Tier-1 suppliers preferably based in Europe for lower carbon footprint
Products and solutions need to address an unmet and significant medical need
Empowering a wider access to healthcare at a reasonable cost
Equal opportunity and gender equity employer
Each investment needs to have the potential for 30 jobs creation at a 3-year horizon
Gender equity on each companies’ board of directors
Enforcement of good clinical and manufacturing practice, healthcare professionals interactions and code of conduct
Compensations and benefits in line with the companies’ KPI and financial performance
Paris – Geneva – Bordeaux
