Disrupting Fixed Structures in Medical Technology with Margaret Magdesian of Ananda Devices

“The advantage of our technology is that we can support and predict if a certain medication will work for the patient or not.” — Margaret Magdesian, Ananda Devices

In this episode

Hear from Margaret Magdesian, founder of Ananda Devices. Margaret joins Coralus Development Guide MJ Ryan to discuss her background as a biochemist and pharmacologist, the path that led her to start Ananda, and her invention, which makes testing medications neurological diseases possible by creating a model of the human nervous system on a chip. They also discuss Margaret's experience in the Coralus community and celebrate the repayment of her Venture loan.

They also discuss:

How this innovation reduces animal testing and delivers better medications to patients
Getting her first contracts with cosmetics companies (L'Oreal)
Experiences in Silicon Valley and fighting for a seat at the table
Getting a contract with the FDA to become the gold standard for drug testing
Her advice for people who are thinking of starting a business
The challenges of disrupting structures that are very fixed
Reflections from the Coralus PEI retreat this past June

Take action with Margaret and Ananda Devices on LinkedIn, Facebook, Instagram, and Twitter.

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