artiman ventures - industry opportunities at the healthcare global market

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Artiman Ventures team member Dr. Ajit Singh, former CEO of Biolmagene shares his thoughts on the Industry opportunities at the healthcare global market. He describes how Artiman reviews the innovation and entrepreneurship with few examples of Portfolio companies that they have guided in this industry. Visit www.artiman.com for more information

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Industry Opportunities at the Healthcare Global Market

Ajit Singh, Ph.D.

ARTIMAN VENTURES

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two

vignettes

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1 innovation

2 entrepreneurship

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1 innovation

2 entrepreneurship

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lets take a short

journey

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through a place of immense

diversity

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a small

archipelago

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a rich

diversity of life

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on

land

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water in

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sky and

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where?

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why and

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where

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galapagos

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why

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coral reefs

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nature’s

innovation platform

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why?

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right

temperature

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good

mobility

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encouraged

diversity

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connections are made

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failures are discarded

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quickly

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that’s natures platform for

innovation

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what is man-made platform for

innovation

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silicon valley

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why is this difficult to replicate in

most cultures

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very

hierarchical

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cultures

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very poor

diversity of

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viewpoints

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very poor

listening

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skills

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1 innovation

2 entrepreneurship

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what is

disruptive innovation?

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a low-end ultrasound?

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a high-end stethoscope?

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These innovations were all disruptive for a the following: When they were introduced, their performance was initially much lower than that of the existing technologies… But, they were able to bring the cost down so dramatically that their adoption became inevitable… sometimes in an alternative market segment (to start with) Eventually, their performance caught on, and led to their mass dissemination.

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now, another type of

disruptive innovation

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These innovations were also disruptive, but for a different reason: They were able to “deconstruct” the existing value chain of a business… They were able to “dis-intermediate” the value chain of a business… They were able to “re-configure” the value chain with a different set of players. Their adoption was set off by some “tipping point”

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two trends tiggered by

disruptive innovation

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things you simply could not do at all before

things you can do at a significantly lower cost

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redefine standard of care

automate standard of care

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why do

incumbents fail at disruptive innovation?

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incumbents listen to customers…

give improved performance…

look for large markets… look for high margin businesses…

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incumbents fail for exactly this reason

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insurgents lack incumbents’ inhibitions

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insurgents be bold, be

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artiman white space investments

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attributes very large markets, often >> $10B

innovation at intersection of technologies

technologies from other domains intellectual property - rich, and long runway

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examples aditazz - construction industry prysm – super large display and tv guavus – big data analytics cellworks – drug design click diagnostics – infectious disease dx

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Airports High-rise Medical Facilities

Industrial Buildings Large Scale Hospitals Urban Development

Complex structures make up over 50% of the global construction market of $8 Trillion

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thank you www.artiman.com

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