What We Do
At Fogarty Innovation, we help medtech innovators navigate the path from invention to patient care.
Medtech innovation has the potential to save lives and transform healthcare on a global scale. But translating a promising idea into a commercially available device or therapy is complex, costly, and time-intensive. Success requires navigating an interconnected ecosystem of patients, families, physicians, providers, payors, regulators, investors, and acquirors—along with the social, cultural, technological, and economic forces that shape their decisions.
To help entrepreneurs and early-stage companies navigate this complexity—and to strengthen the broader innovation ecosystem—Fogarty Innovation provides three integrated programs: incubation, education, and alliances.
Drawing on decades of practical operating experience across the medtech lifecycle, our incubation programs help companies pressure-test assumptions, respond to new information, overcome obstacles, and identify the right path forward.
Our educational programs, designed for both our in-house companies and the broader medtech community, provide practical, experience-based learning for innovators at every stage. Topics range from the fundamentals of entrepreneurship as a discipline to nuanced issues such as reimbursement, fundraising, and leadership.
Through our alliance program, we bring key ecosystem partners together to deepen understanding, foster collaboration, and address shared challenges. We also develop bespoke education and innovation programs tailored to the specific needs of our alliance partners and their communities.
You can learn more below.
Integrated Programs
Education
We offer practical, expert-led educational programs that guide innovators through the complexities of the medtech lifecycle. Tailored for diverse audiences, our courses provide actionable insights, explain best practices, and foster valuable connections.
We offer the following educational programming designed for different audiences:
Incubation
Our incubation and acceleration programs provide hands-on, immersive support to early-stage companies, helping them refine strategies, build strong teams, and advance to commercialization. In addition to participating in our educational programs, early-stage companies also benefit from residing in a living laboratory with a cohort of other startup companies and entrepreneurs, and from unlimited access to our internal coaching team. They also enjoy the efficiencies of residing in 30,000 square foot state-of-the-art facility that combines office, meeting, educational, laboratory and development space.
We offer a range of incubation and acceleration programs tailored to match the stage of concept development and the innovators’ goals:
Alliances
We leverage our nonprofit status to forge partnerships across public and private sectors, uniting key healthcare stakeholders to drive innovation, improve patient care, and influence policies that strengthen the medtech ecosystem and our global society. Our partners include companies, institutions, clinical practices, funders and agencies that foster similar goals, such as:
Signature Practices
The Fogarty Physical™
The Fogarty Physical is one of the most distinctive elements of Fogarty Innovation’s approach to tailored, educational coaching for young companies: an intensive, multidisciplinary review that assesses a company’s overall health and builds a roadmap forward. It convenes our senior team—seasoned executives and operators spanning clinical, technical, regulatory, reimbursement, financial, and commercial domains—with company leadership for a candid, interactive working session that starts with a review across all core areas then drills down into the two or three strategic questions that matter most. The goal is to sharpen both short and long-term thinking and optimize the company’s progress.
Fogarty Innovation provides Physicals to our resident companies at regular intervals as well as at key inflection points such as defining a clinical strategy, selecting a regulatory pathway, preparing to fundraise, planning for commercialization, or navigating a pivot. We also contract with outside organizations, entrepreneurs, and early-stage companies to provide Physicals to identify obstacles and chart a stronger path forward.
Full-Contact Coaching
Full-contact coaching describes the intensive, hands-on involvement of our senior staff with our resident companies and entrepreneurs.
Each resident company has two lead mentors who work side-by-side with company leaders on a daily basis, helping with critical tasks across the board—from honing value propositions and business strategy, to building funding decks, to optimizing regulatory, clinical, and reimbursement pathways. It’s a level of medtech-specific, senior executive involvement that is unmatched at any other incubator.
In addition, the entire senior team regularly provides multidisciplinary perspectives and expertise. We also supplement our in-house coaching with a bench of over 300 specialists—IP attorneys, reimbursement consultants, and other domain experts—who provide additional guidance as needed.