The Global Tilt and Why You Must Rethink the Future of Medical Technology-Thomas M. Loarie-05/13/2014 - 6:00pm

Event Information
Event Topic: 
The Global Tilt and Why You Must Rethink the Future of Medical Technology
Event Date: 
05/13/2014 - 6:00pm
Event Location: 
Wilson Sonsini Goodrich & Rosati, 650 Page Mill Road, Palo Alto CA
Speaker Information
Event Speaker: 
Thomas M. Loarie
Event Speaker Title: 
Event Speaker Company: 
Mercator MedSystem;
Event Speaker Bio: 

Tom is a career life science executive with 40 years of growing multi-national medical technology companies and successfully commercializing more than 20 innovative medical products, including ehealth & drug/devices, across 11 medical specialties. He serves as Chairman for Mercator MedSystem; Executive Chairman, eMedonline; Chairman, Silicon BioDevices, Inc.; and as board member, Clarity Medical Systems, Inc.

Tom gained hands-on and global operating experience in all business functions as a turnaround specialist for American Hospital Supply’s (AHSC) Medical Specialty and International Groups. Since 1984, he has led venture backed medical start-ups from concept to commercialization and has raised over $200 million in both the private and public markets.

In addition, Tom serves on the Dean's Council of Advisors, Jacobs School of Engineering, UC San Diego; as member & past chairman, the EAB for the Univ of California’s Mechanical Engineering Dept; and as a columnist for The Catholic Business Journal. He has served as asst professor of surgery, Creighton University Medical School; as a Board Member of the California Healthcare Institute; as a Trustee of the Graduate Theological Union; and as guest lecturer at UCLA’s Anderson School of Management, UC Berkeley’s Haas School of Business, & Pepperdine University’s Graziadio School of Business. He has lectured and written extensively on medical technology innovation and its implications for health care public policy, including articles in the Wall Street Journal, Royal Academy of Engineering World Technology Update, the Journal of Applied Manufacturing Systems, & the Journal of Refractive Surgery.

Event Details
Event Details: 

US medical device manufacturers today are facing a new set of variables that threaten its global leadership role in a growing global market – a geopolitical shift from the North Atlantic to the Indian Ocean, an economic tilt from the northern hemisphere to the southern hemisphere, increasing government intervention in mature healthcare markets to limit the cost of healthcare, increasing government regulation limiting innovation in therapeutic segments, an aging global population, the threat of aggressive competitors from emerging markets, and as multinationals scramble to avoid “not-so-creative” destruction. Tom will examine several of these key variables and extrapolate new insights for the medical device professional on how to survive and thrive during this tumultuous period of change and opportunity. He will also provide “personal-branding” insights gained over thirteen years while assisting over one thousand executives, managers, and professionals who have chosen to reinvent themselves to make better use of their gifts or as a response to being downsized.