Want to look inside a sample Medical Device Business Plan?
One of our clients has allowed us to share this real-world example of their medical device business plan on our website. Get a sense of how our healthcare business planning expertise can best serve you:
Medical Device, Biotech & Healthcare Industry Experience
Our experience in the medical and healthcare fields, either as consultants, entrepreneurs, or employees, includes the following:
Diagnostic Equipment
Developed and executed the business plan for two startup companies to bring new biotech diagnostic tools from concept to production that included the sales and marketing plans and strategies, financial analyses, technical roadmaps, and outside agency certifications to bring the products to market.
Artificial Heart Systems
Developed the business plan, financial forecast, and website for SynCardia Systems, a Tucson-based medical device company that develops, manufactures, and markets the CardioWest Total Artificial Heart systems for use as a bridge to transplant in patients with end-stage heart failure.
Biotechnology Reagents
Prepared the business plan and financial model for a division of a billion-dollar public biotechnology company. The business makes instruments, consumables, and software for scientists engaged in medical research, drug discovery, agricultural research, biosecurity, and quality and safety testing.
Heart Transplant Monitoring
Prepared the business plan, financial forecast, and pitch deck for a firm that has developed an innovative system for monitoring tissue rejection among heart transplant recipients. This system overcomes deficiencies presented by existing technologies.
Cardiology
Prepared the business plan and investor presentation for Florence Medical, a medical device company. Florence develops advanced systems based on computational flow dynamics for diagnosing and treating cardiovascular disease.
Rehabilitation Services
Developed the business plan and financial forecast for Safe Harbor Retreat, the first upscale substance abuse rehabilitation center on the East Coast. The company has forged alliances with several leading experts in addiction treatment.
Brain Cancer Drug Delivery
Prepared the business plan, financial forecast, and investor presentation for CytoDome, a medical device company. CytoDome is developing a local drug delivery device that aims at regulating drug uptake by ailing brain tissue.
Interventional Radiology
Prepared the business plan, financial forecast, and investor presentation for UltraGuide, a medical device company. The company develops advanced guidance systems for interventional radiology.
Remote Patient Monitoring
Prepared the business plan, financial forecast, and pitch deck for a firm that developed an implantable device and monitoring system that eliminates the need for endomyocardial biopsies in heart transplant patients.
Biodegradable Stent for BPH
Prepared the business plan, financial forecast, and website for a firm that is developing cutting-edge, biodegradable polymer-based, local drug delivery stenting technologies for treating Benign Prostatic Hyperplasia (BPH).
Neurological Pharmaceuticals
Prepared a market assessment for a pharmaceutical company seeking to understand the business potential for a promising early-stage pharmaceutical used in the treatment of neurological disorders.
Medical Device for Wound Management
Prepared the business plan, financial forecast, and investor presentation for a medical device company that develops and markets a unique line of RF-based wound care technologies.
Medical Diagnostic Software
Prepared the business plan and financial forecast for a developmental stage enterprise conceived to provide a convenient, confidential, and affordable way for consumers to access diagnostic laboratory results and manage their own health.
Laser Surgery Equipment
Served as the CTO of a startup that developed laser-based equipment for cataract surgery. Directed early-stage research and development. Developed supporting materials for business plans, financial forecasts, and investor presentations.
Drug Delivery Device
Revised business plan, prepared pitch deck, and successfully raised capital for a later-stage company that designed a retractable syringe delivery system in response to concerns related to the potential for healthcare givers contracting infectious diseases.
Genomics & Proteomics
Prepared the business plan for High Throughput Genomics. HTG develops and markets advanced technologies for analyzing the transcriptome – the RNA that transcribes DNA into proteins – providing pharmaceutical companies with a tool that can revolutionize the drug discovery market.
Hospice Services
Developed a business plan for a leading hospice provider in Idaho and Eastern Oregon. As one of the only large-scale hospice providers in the region, the company is actively acquiring independently-owned hospices as well as launching services in underserved localities.
SaaS-Based EMR
Developed proprietary software architecture, business plan, and investor pitch for a new concept in patient-oriented Electronic Medical Records. The system was designed to overcome some of the impediments to widespread adoption of EMRs inherent in existing systems.
Healthcare Strategy Consulting Practice
Managed consultant teams, market research, and day-to-day client relationships. Projects included working out a novel risk-sharing arrangement with the major regional insurance company for a 300-bed hospital and creating a managed care strategy for a rural tertiary care hospital and its affiliated physician groups.
Physician Practice Management
Evaluated operational projects up to $2 million and acquisitions up to $20 million for an oncology physician practice management company as the company expanded from two to thirteen states over a period of two years. Led inter-departmental due diligence and integration teams for new physician group affiliations.
Medical Records Management
Created a business plan for team of radiologists who created a HIPAA-compliant software solution that allowed the transmission and storage of radiological images by separating the image from the identifier during transmission and storage. The image and the identifier would only come together in a secure, password protected environment.
Personal Emergency Response Systems
Developed a marketing plan, PPM draft, business plan, executive summary, pitch deck, and cash flow analysis for Innovate, Inc., developer of personal emergency response systems.
Online Support Community
Prepared the business plan, financial plan, marketing strategy, and investor pitch for an innovative psychiatric support service which integrates online social networking tools with traditional therapy techniques.
Cancer Recovery Products
Developed an extended executive summary for a company that provides prosthetics and clothing, as well as grooming, styling, and therapeutic treatment products for male and female cancer survivors.
Stem Cell Bank
Consulted on a business plan and pitch deck for a startup stem cell bank working with leading researchers.
Children’s Hospital
Developed an extended executive summary for a proposed children’s hospital to be developed in Nigeria.
Pharmaceuticals Distribution
Led the restructuring and privatization of Kazakhstan’s national pharmaceutical distribution monopoly.
Healthcare Consulting
Developed financial plans for a group of consulting organizations in the fields of hospital strategic planning and administration. Their activities included one of the first Electronic Medical Record systems.
Medical Supplies
Provided advisory services on capital raising and investor communications to PolyMedica Corp. The company markets and delivers medical supplies, such as diabetic products, direct to consumers’ homes.
Drug Test Diagnostic Services
Prepared the investor pitch deck, coached management, and raised capital (as a company officer) for a drug testing laboratory that was subsequently acquired by Kroll, Inc., an industry leader.
Biotechnology
Advised a new management team and raised capital for a biotechnology company that engages in the development, manufacture, and marketing of various medical diagnostic test kits and components worldwide. These products aid in the diagnosis of certain autoimmune and infectious diseases.
SaaS Clinical Informatics
Developed proprietary software architecture and design of a new approach to person-centric clinical informatics. Collaborating with other team members, further developed the business plan, financial models and investor pitch. The company is in process of closing its first large outside funding round.
Reverse Engineering Metabolic Pathways
Prepared the IP portfolio and licensing plan for technology to reverse engineer metabolic pathways from mRNA expression data. The original goal was to sub-license the technology to pharmaceutical companies. At the end, the company assigned all rights to a single entity in a major deal.
Molecular Imaging
Prepared a business plan and pitch deck for a molecular imaging company with global sales and distribution to finance its next generation technology. This technology is 50% smaller and cheaper than existing devices, and has better imaging accuracy to reduce unnecessary surgical procedures.
Pharmaceutical Pricing and Reimbursement
Researched pricing in several international markets for a global pharmaceutical company’s new pharma product. Primary research included interviews of key stakeholders and decision makers involved with pricing in each market.
Medical Equipment & Software
Prepared a detailed business plan, pitch deck, and advised management on raising capital for Kinetic Muscles, Inc. The company develops and markets equipment and software used in physical and occupational therapy programs to treat and rehabilitate stroke victims.
Note: Some items reflect experience gained prior to joining Cayenne Consulting. Cayenne does not offer services that require licensing or registration with the NASD or other authorities.
Read testimonials from our medical device, biotech, and healthcare clients.
Why Choose Cayenne? Nine Great Reasons!
Fully Customized
Some business plan writers charge extremely low fees because they have a cookie-cutter, assembly-line approach. You get what you pay for. We work from scratch to represent your unique vision, not somebody else’s.
Get it Right the First Time
Funding is a binary event: either you succeed or you fail. If you fail, most investors won’t give you a second chance. Learn about the pros and cons of various approaches to developing business plans.
Ongoing Support
We don’t stop when the business plan is complete. We have a talented team ready to help you implement it as well, either on a retained basis as interim members of your founding team or on a project basis, as needed.
No Salespeople
Deal directly with a senior business plan consultant from Day One – not a commissioned salesperson who will hand you off to a junior writer. Personal relationships matter, and you need to know exactly who you’re dealing with.
Work With True Experts
We’ve walked in your shoes and we understand what you’re going through. Many of us have advanced degrees from institutions like Harvard, Wharton, Berkeley, Cornell, Columbia, Stanford, Yale, Dartmouth, and Chicago.
Develop a Winning Strategy
Most so-called “business plan consultants” take whatever you tell them and type it into software. We go much deeper and help develop a viable strategy for success, which we then express in a compelling business plan.
Avoid Costly Mistakes
We know what works, and, more importantly, what doesn’t. A single mistake can get render your plan unfundable. We wrote the original and often-cited article on Why Business Plans Don’t Get Funded.
Save Money - Really!
We’re not cheap, but about half of our clients came to us after a business plan prepared by a less qualified business plan consultant did not work out. Why not get it right the first time and save money?
Get Investors To Notice
Most entrepreneurs can’t get investors to
return their calls. A majority of our clients secure meetings with potential funders. Our team’s efforts have contributed to over $4.3 billion in financing!
Medical Device, Biotech & Healthcare Business Plan Consultants
Our team of biotech, medical device, and healthcare specialists includes the following consultants:
Roger Anderson, Ph.D.
Business plan consultant in Orange County, CARoger offers over 35 years of experience in research, sales, marketing, product development, programming, and management to his consultant role. His training as a scientist (Caltech PhD,...
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Tom Dykstra, MBA, CFPIM
Business plan consultant in Tampa, FLTom has over thirty years of experience in business planning, finance, strategy development, software design, engineering management, sales, marketing, channel creation, consulting,...
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Jenifer Grant, MBA
Business plan consultant in New York, NYJenifer has been involved in finance, strategy, and marketing in a wide variety of roles and industries for over 15 years. In addition to third-party clients, she developed plans and implemented...
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Shyam Jha, MBA
Business plan consultant in Tucson, AZAs a consultant and mentor to entrepreneurs, Shyam has created business plans, financial models, and pitch decks for startups in robotics and drone transport, medical devices, consumer...
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David Kaplan, JD
Business plan consultant in Boston, MADavid has written investment grade business plans, consulted in strategic planning and facilitated crucial strategy decisions for operating companies since 1994. He has advised scores of scientists,...
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Lee Muhl, JD
Business plan consultant in Portland, OR & Los Angeles, CALee Muhl’s consulting practice spans a number of industries and sectors. Lee works constantly in real estate, cannabis/agribusiness, and Internet content platforms, but his practice...
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Julia Perederiy, PhD
Business plan consultant in Los AngelesDr. Julia Perederiy is a Neuroscientist, Business Strategist, and Entrepreneur, with a decade of experience as a healthcare management consultant, life science company founder, senior executive, and board...
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