ArthroCare's Magic Wand
ArthroCare believes its new approach to tissue removal represents a quantum leap forward in arthroscopy and can be used in other clinical markets. But dogged by a perception that it didn't know what it wanted to do--it talked about new opportunities before it could act on them--ArthroCare now has to convince investors that it can deliver on its promises.
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Born in a remote village in India, Hira Thapliyal played a critical role in the creation of many early technologies used in interventional cardiology, including DVI's atherectomy device and CVIS' intravascular ultrasound. However, he's perhaps best known as one of the founders of ArthroCare. In this interview adapted from the Stanford BioDesign Program's Innovators Workbench series, Thapliyal looks back on his early career.
A business development panel representing the emerging group of mid-sized device dealmakers that are actively looking for innovative technology from small companies discusses the current state of medtech dealmaking.
In Vivo continues its series of interviewing device company executives. This time, we pick from a category that might be called "the young Turks": executives from the younger generation who are running the next-generation of major medical device companies, those that will rival if not replace the Medtronics and Guidants of the past generation. Having cut his teeth at device giant Medtronic, Mike Baker has spent the last 10 years running ArthroCare, one of the industry's next-generation leaders.