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by northern_lights 4107 days ago
What's this? A medical device company that publishes prices and actually tries to make low-cost, high-value products?? I will be watching this very closely!

I am in medical school now, but I used to be an EE in the medical device space; my experience was that so many device makers sell through one or several layers of intermediaries that prices have to be jacked up substantially to make any money at all. We're talking selling products with a BOM <$150 for $3000+ (these weren't highly specialized med products either - you'd find similar devices in practically every doc's office). As a result, the companies never moved enough units to justify a refresh of the design more than once every 10-15 years.

I'm very happy to see someone trying a leaner approach, and I hope you guys do well! Sell me some cool stuff in a few years :)

1 comments

Thanks for great feedback. The lack of transparency is definitely something that keeps the system broken, and we want to drive some change in that direction.

Also, let us know what kind of devices you want to see! We like to build things people want...